SECURITIES AND EXCHANGE COMMISSION
                                     
                           WASHINGTON, DC 20549
                                     
                                 FORM 8-K
                                     
                              CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(D) OF THE
                      SECURITIES EXCHANGE ACT OF 1934

   Date of Report (Date of earliest event reported):  February 21, 1997
                                                      -----------------

                           H. F. Ahmanson & Company
                           ------------------------
            (Exact name of registrant as specified in charter)
                                     
             Delaware                  1-8930              95-0479700
             --------                  ------              ----------
(State or other jurisdiction of  (Commission File       (IRS Employer
        incorporation)               Number)         Identification No.)
                                     
    4900 Rivergrade Road, Irwindale, California             91706
    -------------------------------------------             -----
    (Address of principal executive offices)             (Zip code)

   Registrant's telephone number, including area code    (818) 960-6311
                                                         --------------

                                Not applicable
                                --------------
       (Former name or former address, if changed since last report)



ITEM 5.  OTHER EVENTS.

     On February 21, 1997, H. F. Ahmanson & Company, a Delaware corporation
(the "Company"), submitted a letter to Great Western Financial Corporation,
a Delaware corporation, relating to the integration of employees in the
proposed merger of the two corporations.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(c)  Exhibits.

     99.1  Press release dated February 21, 1997.
                                     


                                SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date:  February 21, 1997

                                       H. F. AHMANSON & COMPANY


                                            /s/ Tim S. Glassett

                                       By:  Tim S. Glassett
                                            First Vice President and
                                              Assistant General Counsel


                                     


                               EXHIBIT INDEX

EXHIBIT                                                       SEQUENTIALLY
  NO.                        DESCRIPTION                     NUMBERED PAGE
                                                                    
  99.1    Press release dated February 21, 1997.