<ARTICLE>                            9
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
Statements  of  Consolidated  Financial  Condition  as  of  September  30,  1996
(Unaudited) and the Statements of  Consolidated  Operations for the three months
ended  September  30,  1996  (Unaudited)  and is  qualified  in its entirety  by
reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                1000
       
                                  
<PERIOD-TYPE>                        3-mos
<FISCAL-YEAR-END>                    JUN-30-1997
<PERIOD-START>                       JUL-01-1996
<PERIOD-END>                         SEP-30-1996
<CASH>                                     79237
<INT-BEARING-DEPOSITS>                         0
<FED-FUNDS-SOLD>                            3647
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>               165324
<INVESTMENTS-CARRYING>                   2190744
<INVESTMENTS-MARKET>                     2118748
<LOANS>                                  2704156
<ALLOWANCE>                                    0
<TOTAL-ASSETS>                           5252483
<DEPOSITS>                               3342856
<SHORT-TERM>                             1475231
<LIABILITIES-OTHER>                        70347
<LONG-TERM>                                    0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                     204
<OTHER-SE>                                363845
<TOTAL-LIABILITIES-AND-EQUITY>           5252483
<INTEREST-LOAN>                            50986
<INTEREST-INVEST>                          39811
<INTEREST-OTHER>                               0
<INTEREST-TOTAL>                           90797
<INTEREST-DEPOSIT>                         34117
<INTEREST-EXPENSE>                         19803
<INTEREST-INCOME-NET>                      36877
<LOAN-LOSSES>                                715
<SECURITIES-GAINS>                            32
<EXPENSE-OTHER>                            33840
<INCOME-PRETAX>                             6428
<INCOME-PRE-EXTRAORDINARY>                  6428
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                4378
<EPS-PRIMARY>                               0.21
<EPS-DILUTED>                               0.21
<YIELD-ACTUAL>                              7.21
<LOANS-NON>                                20235
<LOANS-PAST>                                   0
<LOANS-TROUBLED>                               0
<LOANS-PROBLEM>                                0
<ALLOWANCE-OPEN>                           12891
<CHARGE-OFFS>                                824
<RECOVERIES>                                   0
<ALLOWANCE-CLOSE>                          12782
<ALLOWANCE-DOMESTIC>                       12782
<ALLOWANCE-FOREIGN>                            0
<ALLOWANCE-UNALLOCATED>                        0