<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 15,404 <INT-BEARING-DEPOSITS> 581,482 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 17,389,440 <INVESTMENTS-CARRYING> 23,121,062 <INVESTMENTS-MARKET> 23,355,400 <LOANS> 22,356,259 <ALLOWANCE> 213,034 <TOTAL-ASSETS> 64,651,177 <DEPOSITS> 45,780,689 <SHORT-TERM> 5,600,000 <LIABILITIES-OTHER> 285,396 <LONG-TERM> 1,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 112,500 <OTHER-SE> 11,872,592 <TOTAL-LIABILITIES-AND-EQUITY> 65,651,177 <INTEREST-LOAN> 466,116 <INTEREST-INVEST> 674,746 <INTEREST-OTHER> 13,416 <INTEREST-TOTAL> 1,154,278 <INTEREST-DEPOSIT> 634,303 <INTEREST-EXPENSE> 65,284 <INTEREST-INCOME-NET> 454,691 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 267,548 <INCOME-PRETAX> 200,594 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 125,890 <EPS-PRIMARY> .14 <EPS-DILUTED> .14 <YIELD-ACTUAL> 2.87 <LOANS-NON> 0 <LOANS-PAST> 707,850 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 707,850 <ALLOWANCE-OPEN> 213,034 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 213,034 <ALLOWANCE-DOMESTIC> 213,034 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 213,034