<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM NORWEST
FINANCIAL, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                         127,417
<SECURITIES>                                 1,219,215
<RECEIVABLES>                                8,526,840
<ALLOWANCES>                                   357,314
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                         381,036
<DEPRECIATION>                                 144,611
<TOTAL-ASSETS>                              10,763,054
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                      8,520,687<F2>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,855
<OTHER-SE>                                   1,585,561
<TOTAL-LIABILITY-AND-EQUITY>                10,763,054
<SALES>                                              0
<TOTAL-REVENUES>                             1,067,518
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               485,117
<LOSS-PROVISION>                               126,883
<INTEREST-EXPENSE>                             250,608
<INCOME-PRETAX>                                204,910
<INCOME-TAX>                                    73,483
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   131,427
<EPS-BASIC>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>NORWEST FINANCIAL INC. HAS A NON-CLASSIFIED BALANCE
SHEET SO THIS INFORMATION IS UNAVAILABLE.
<F2>INCLUDES $2.9 BILLION OF SHORT-TERM LOANS.
</FN>