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[DESCRIPTION]  ARTICLE 9 FDS FOR 10-Q
<ARTICLE> 9
<CIK>  847260
<NAME> VIRGINIA BEACH FEDERAL FINANCIAL CORPORATION
<MULTIPLIER> 1,000
       
                                       
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1996
<CASH>                                          10,533
<INT-BEARING-DEPOSITS>                           1,175
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     47,536
<INVESTMENTS-CARRYING>                          47,536
<INVESTMENTS-MARKET>                            45,251
<LOANS>                                        433,649
<ALLOWANCE>                                      4,157
<TOTAL-ASSETS>                                 608,832
<DEPOSITS>                                     443,962
<SHORT-TERM>                                   111,523
<LIABILITIES-OTHER>                             12,141
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            50
<OTHER-SE>                                      41,156
<TOTAL-LIABILITIES-AND-EQUITY>                 608,832
<INTEREST-LOAN>                                 18,655
<INTEREST-INVEST>                                4,374
<INTEREST-OTHER>                                 1,508
<INTEREST-TOTAL>                                24,537
<INTEREST-DEPOSIT>                              12,501
<INTEREST-EXPENSE>                              16,408
<INTEREST-INCOME-NET>                            8,129
<LOAN-LOSSES>                                      100
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  2,089
<INCOME-PRETAX>                                  1,908
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,172
<EPS-PRIMARY>                                     0.24
<EPS-DILUTED>                                     0.24
<YIELD-ACTUAL>                                    8.36
<LOANS-NON>                                      3,382
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 3,968
<CHARGE-OFFS>                                        9
<RECOVERIES>                                        98
<ALLOWANCE-CLOSE>                                4,157
<ALLOWANCE-DOMESTIC>                               103
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          4,054