<ARTICLE> 9 
<CIK> 0000802223
<NAME> UNION FED FINANCIAL CORPORATION
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1994
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<PERIOD-END>                               JUN-30-1994
<EXCHANGE-RATE>                                      1
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<INCOME-PRETAX>                               (26,454)
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<ALLOWANCE-UNALLOCATED>                         14,429