Exhibit 21.
SUBSIDIARIES OF THE CORPORATION
The following is a list of subsidiaries of the corporation as of February 1,
1997. The corporation's bank subsidiaries which have the words "National
Association" (N.A.), "National" or Federal Savings Bank (F.S.B.) in their
respective titles are organized under the laws of the United States; and all
state bank subsidiaries are incorporated under the laws of the state in which
each is domiciled. Each non-bank subsidiary is incorporated or organized in the
jurisdiction appearing opposite its name.
Bank Subsidiaries
ARIZONA
Norwest Bank Arizona, N.A.
COLORADO
Norwest Bank Colorado, N.A.
Norwest Bank Grand Junction, N.A.
Norwest Bank Grand Junction-Downtown, N.A.
Norwest National Bank
ILLINOIS
Norwest Bank Illinois, N.A.
INDIANA
Norwest Bank Indiana, N.A.
IOWA
Dial National Bank
Norwest Bank Iowa, N.A.
MINNESOTA
Norwest Bank Faribault, N.A.
Norwest Bank Minnesota, N.A.
Norwest Bank Minnesota North, N.A.
Norwest Bank Minnesota South, N.A.
Norwest Bank Minnesota Southwest, N.A.
Norwest Bank Minnesota West, N.A.
Norwest Bank Red Wing, N.A.
MONTANA
Norwest Bank Montana, N.A.
NEBRASKA
Norwest Bank Nebraska, N.A.
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NEVADA
Norwest Bank Nevada, F.S.B.
NEW MEXICO
Norwest Bank New Mexico, N.A.
NORTH DAKOTA
Norwest Bank North Dakota, N.A.
OHIO
Norwest Bank Ohio, N.A.
SOUTH DAKOTA
Dial Bank
Norwest Bank South Dakota, N.A.
TEXAS
Central Bank & Trust
Norwest Bank Texas, Alice
Norwest Bank Texas, Bandera
Norwest Bank Texas, Bay City, N.A.
Norwest Bank El Paso, N.A.
Norwest Bank Texas, N.A.
Norwest Bank Texas, Comfort
Norwest Bank Texas, Kelly Field, N.A.
Norwest Bank Texas, Kerrville, N.A.
Norwest Bank Texas, Premont
Norwest Bank Texas, Robstown, N.A.
Norwest Bank Texas, San Antonio, N.A.
Norwest Bank Texas, South Central
Norwest Bank Texas, South, N.A.
Norwest Bank Texas, Waco, N.A.
Texas Bank
West Columbia National Bank
WISCONSIN
Norwest Bank La Crosse, N.A.
Norwest Bank Wisconsin, N.A.
WYOMING
Norwest Bank Wyoming, N.A.
EDGE ACT CORPORATIONS
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Norwest Bank International
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Non-Bank Subsidiaries
Jurisdiction of
Incorporation or
Directly Owned: Organization
- --------------- ------------
Alexandria Securities and Investment Company Minnesota
Alice Bancshares, Inc. Texas
AMAN Collection Service, Inc. South Dakota
Am-Can Investments, Inc. Minnesota
American Land Title Company of Kansas City, Inc. Missouri
American Republic Bancshares, Inc. New Mexico
AMFED Financial, Inc. Nevada
AmeriGroup, Incorporated Delaware
Babbscha Company Minnesota
Bank of Montana System Montana
B & G Investment Company Texas
Benson Financial Corporation Texas
Blackhawk Bancorporation Iowa
Canton Bancshares, Inc. Illinois
Central Bancorporation, Inc. Texas
Comfort Bancshares, Inc. Texas
Copper Bancshares, Inc. New Mexico
Courtesy Funding Corporation (inactive) California
Credisol, S.A. Costa Rica
D. L. Bancshares, Inc. Minnesota
Dickinson Bancorporation, Inc. (inactive) North Dakota
Directors Acceptance Corporation (inactive) California
Directors Equity (inactive) California
Financiera El Sol, S.A. Panama
First Tule Bancorp, Inc. Texas
GST Co. Delaware
Goldenbanks of Colorado, Inc. Delaware
Henrietta Bancshares, Inc. Texas
Independent Bancorp of Arizona, Inc. Delaware
Irene Bancorporation, Inc. South Dakota
Island Finance (Aruba) N.V. Aruba
Island Finance (Bonaire) N.V. Netherlands Antilles
Island Finance (Curacao) N.V. Netherlands Antilles
Island Finance (St. Maarten) N.V. Netherlands Antilles
Island Finance Puerto Rico, Inc. Delaware
Island Finance Virgin Islands, Inc. Delaware
Ken-Caryl Investment Company Colorado
La Porte Bancorp. Indiana
Lindeberg Financial Corporation Minnesota
Lomas Properties, Inc. (inactive) New Mexico
Lowry Hill Investment Advisors, Inc. Minnesota
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Jurisdiction of
Incorporation or
Directly Owned: Organization
- --------------- ------------
Midwest Credit Life Insurance Company Arizona
Minnetonka Overseas Investment Limited (inactive) Cayman Islands, BWI
New Braunfels Bancshares, Inc. Texas
Northern Prairie Indemnity Limited Cayman Islands, BWI
Norwest Agricultural Credit, Inc. Minnesota
Norwest Alliance System, Inc. (inactive) Minnesota
Norwest Asia Limited Hong Kong
Norwest Audit Services, Inc. Minnesota
Norwest Auto Receivables Corporation Delaware
Norwest Capital Markets, Inc. (inactive) Minnesota
Norwest Colorado, Inc. Colorado
Norwest Credit, Inc. Minnesota
Norwest Financial Services, Inc. Delaware
Norwest Foundation Minnesota
Norwest Holding Company Delaware
Norwest Indiana, Inc. Indiana
Norwest Insurance, Inc. Minnesota
Norwest Investment Services, Inc. Minnesota
Norwest Investors, Inc. Minnesota
Norwest Limited, Inc. Minnesota
Norwest Nova, Inc. Minnesota
Norwest Properties, Inc. Minnesota
Norwest Services, Inc. Minnesota
Parker Bankshares, Incorporated Colorado
Peoples Mortgage and Investment Company Iowa
Stan-Shaw Corporation California
Texas Bancorporation, Inc. Texas
Texas National Bankshares, Inc. Texas
The Foothill Group, Inc. Delaware
Union Texas Bancorporation, Inc. Texas
United Banks Insurance Services, Inc. Colorado
United Texas Financial Corporation Texas
United New Mexico Credit Life Insurance Company (inactive) Arizona
Valley-Hi Investment Company Texas
Victoria Bankshares, Inc. Texas
Wyoming National Bancorporation Wyoming
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Jurisdiction of
Incorporation or
Indirectly Owned: Organization
- ----------------- ------------
Allied Business Systems, Inc. Iowa
American Community Bank Services Corporation Minnesota
American Land Title Co., Inc. Nebraska
Americorp Financial, Inc. Nevada
ATI Holding Company Minnesota
ATI Title Company of California California
ATI Title Company of Nevada Nevada
ATI Title Agency of Arizona, Inc. (inactive) Arizona
ATI Title Agency of Ohio, Inc. Ohio
Bancshares Holding Company Delaware
Bancshares Life Insurance Company Arizona
Blackhawk Leasing Corporation (inactive) Minnesota
Bluebird Asset Management, Inc. Delaware
Blue Jay Asset Management, Inc. Delaware
Blue Spirit Insurance Company Vermont
BSF Trustee, Inc. (inactive) Nevada
Caliber Services, Inc. (inactive) Arizona
Cardinal Asset Management, Inc. Delaware
Central Bancorporation of Delaware, Inc. Delaware
Centurion Agency Nevada, Inc. Nevada
Centurion Agency Ohio, Inc. (inactive) Ohio
Centurion Agencies, Co. Iowa
Centurion Casualty Company Iowa
Centurion Life Insurance Company Missouri
CGT Insurance Company Barbados
CHM Insurance Company South Dakota
Clinton Street Garage Company, Inc. Indiana
Commonwealth Leasing Corporation Minnesota
Community Casualty Co. Vermont
Community Pacific Broadcasting Corporation Nevada
Copper Asset Management, Inc. Delaware
Crestone Capital Management, Inc. Colorado
Dial Finance Company, Inc. (inactive) Nevada
Dial Finance Company, Incorporated (inactive) Delaware
Dial Finance Company of Hawaii, Inc. (inactive) Hawaii
Dial Finance Company of Michigan No. 1 (inactive) Michigan
Dial Finance Company of Ohio No. 1, Inc.
Merger Company, Inc. (inactive) New Hampshire
Dial Finance Company of Oklahoma (inactive) Oklahoma
Dial Finance Company of Oregon (inactive) Oregon
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Jurisdiction of
Incorporation or
Indirectly Owned: Organization
- ----------------- ------------
Dial National Community Benefits, Inc. Nevada
Directors Insurance Service California
Douglas Financial, Inc. (inactive) Nevada
Ellis Advertising, Inc. Iowa
Falcon Asset Management, Inc. Delaware
Faxual Credit Reporting Service, Inc. California
FCC Holdings California
Fidelity National Life Insurance Company Arizona
First DialWest Escrow Company, Inc. California
First Interstate Equipment Finance, Inc. (inactive) Wisconsin
First Interstate Insurance Agency
of Wisconsin, Inc. (inactive) Wisconsin
First Nevada Company (inactive) Nevada
First of Lubbock Agricultural Credit Corporation Texas
First Tule Bancorp of Delaware, Inc. Delaware
First Western Service Corporation (inactive) Nevada
Flore Properties, Inc. Minnesota
Foothill Capital Corporation California
Ford Bank Group, Inc. Texas
Ford Bank Group Holdings, Inc. Delaware
Fremont Properties, Inc. Colorado
Galliard Capital Management, Inc. Minnesota
Great Plains Insurance Company Vermont
Green Bay Asset Management, Inc. Delaware
Henrietta Delaware Financial Corporation Delaware
Home Escrow Corporation (inactive) Nevada
Home Trustee, Inc. (inactive) Nevada
Information Services, Inc. Iowa
IntraWest Asset Management, Inc. Delaware
IntraWest Insurance Company Arizona
Iowa Asset Management, Inc. Delaware
Island Finance Credit Services, Inc. New York
Island Finance New York, Inc. New York
La Crosse Asset Management, Inc. Delaware
LaSalle, Inc. (inactive) Indiana
Lincoln Building Corporation Colorado
Mail Systems Co Iowa
Minnetonka Representacoes Comerciais Ltda (inactive) Brazil
Mission Savings and Loan Association U.S.
Nabankco, Inc. (inactive) Indiana
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Jurisdiction of
Incorporation or
Indirectly Owned: Organization
- ----------------- ------------
National Business Finance, Inc. Colorado
Nat-Lea, Inc. (inactive) Indiana
NISI Wyoming Insurance Wyoming
Norwest Colorado Community Development Corporation Colorado
Norwest Agencies Montana, Inc. (inactive) Montana
Norwest Asset Securities Corporation Delaware
Norwest Auto Lease, Inc. Minnesota
Norwest Business Credit, Inc. Minnesota
Norwest Center, Inc. Minnesota
Norwest Colorado Community Development Corporation Colorado
Norwest do Brasil Servicos Ltda Brazil
Norwest Electronic Tax Service, Inc. Minnesota
Norwest Energy Capital, Inc. Texas
Norwest Equipment Finance, Inc. Minnesota
Norwest Equity Capital, L.L.C. Minnesota
Norwest Financial, Inc./1/ Iowa
Norwest Financial Alabama, Inc. Alabama
Norwest Financial Business Credit, Inc. Iowa
Norwest Financial Canada, Inc. Ontario
Norwest Financial Capital, Inc. Delaware
Norwest Financial Capital Canada, Inc. Ontario
Norwest Financial Coast, Inc. California
Norwest Financial Communication Services
Group, Inc. (inactive) Iowa
Norwest Financial Credit Services, Inc. Florida
Norwest Financial DE Asset Management, Inc. Delaware
Norwest Financial Information Services Group, Inc. Iowa
Norwest Financial Leasing, Inc. Iowa
Norwest Financial Nevada 3, Inc. Nevada
Norwest Financial Resources, Inc. Iowa
Norwest Funding, Inc. Minnesota
Norwest Funding II, Inc. Minnesota
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/1/Norwest Financial Inc. is the parent and directly or indirectly beneficially
owns all the voting securities of subsidiaries operating as consumer finance
companies in the United States and Canada (96 subsidiaries at February 1, 1997).
Such subsidiaries were incorporated or otherwise organized in: Alaska, Arizona,
California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois,
Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts,
Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New
Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio,
Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota,
Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming
and Canada.
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Jurisdiction of
Incorporation or
Indirectly Owned: Organization
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Norwest Growth Fund, Inc. Minnesota
Norwest Insurance Arizona, Inc. Arizona
Norwest Insurance New Mexico, Inc. (inactive) New Mexico
Norwest Insurance Wyoming, Inc. Wyoming
Norwest International Commercial Services Limited Hong Kong
Norwest Investment Management, Inc. Minnesota
Norwest Mortgage, Inc. California
Norwest Mortgage Asset Management Corporation Minnesota
Norwest Mortgage Closing Services, Inc. Iowa
Norwest Mortgage Conventional 1, Inc. Delaware
Norwest Mortgage Insured 1, Inc. Delaware
Norwest Mortgage Insured 2, Inc. Delaware
Norwest Mortgage of Massachusetts, Inc. Massachusetts
Norwest Mortgage of New York, Inc. New York
Norwest Orlandi Valuta (inactive) California
Norwest Properties Holding Company Minnesota
Norwest Rural Insurance Services, Inc. Minnesota
Norwest Structured Assets, Inc. Delaware
Norwest Trust Company, New York
(a Limited Purpose Trust Company) New York
Norwest Venture Capital Management, Inc. Minnesota
Norwest Ventures, Inc. Minnesota
Osprey Asset Management, Inc. Delaware
Peregrine Capital Management, Inc. Minnesota
PGD, Inc. Texas
Premium Service/Norwest Financial Coast, Inc. South Carolina
PriMerit Investor Services (inactive) Nevada
Raven Asset Management, Inc. Delaware
R D Leasing, Inc. Minnesota
Regency Insurance Agency, Inc. Minnesota
Residential Home Mortgage, L. L. C. Delaware
Residential Home Mortgage Investment, L. L. C. Delaware
Robin Asset Management, Inc. Delaware
Rural Community Insurance Company Minnesota
Rural Community Insurance Agency, Inc. Minnesota
Scott Life Insurance Company Arizona
Servcorp of Yankton, Inc. (inactive) South Dakota
South Dakota Asset Management, Inc. Delaware
Superior Asset Management, Inc. Delaware
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Jurisdiction of
Incorporation or
Indirectly Owned: Organization
- ----------------- ------------
Superior Guaranty Insurance Company Vermont
Superior North Asset Management, Inc. Delaware
Superior Red Wing Asset Management, Inc. Delaware
Superior South Asset Management, Inc. Delaware
Superior Southwest Asset Management, Inc. Delaware
Superior West Asset Management, Inc. Delaware
TBS Operations Corporation Texas
TDM Corporation Texas
Tower Data Processing Corporation Iowa
Transact Financial Corporation (inactive) Texas
United New Mexico Credit Services, Inc. (inactive) New Mexico
United New Mexico Financial Corporation New Mexico
United New Mexico Real Estate Services, Inc. New Mexico
United Title Agency of Arizona, Inc. Arizona
Valley Asset Management, Inc. Delaware
Valley-Hi Securities, Inc. (inactive) Texas
Valuation Information Technology, Inc. Iowa
Victoria Capital Corporation (inactive) Texas
Victoria Financial Services, Inc. Delaware
VIE, Inc. Minnesota
Warranty Title, Inc. Minnesota
Note: Not included in the above list of subsidiaries of the corporation are
certain subsidiaries formed solely for the purpose of reserving a name,
joint ventures or limited partnerships.
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