<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and statements of income found on pages 3 and 4 of
the Company's audited financial statements for the year ended December 31, 1998.
</LEGEND>
<CIK> 0001071000
<NAME> GOLDEN STATE HOLDINGS INC.
<MULTIPLIER> 1,000
<CURRENCY> US$
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         854,954
<INT-BEARING-DEPOSITS>                          52,671
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 13,718,739
<INVESTMENTS-CARRYING>                       3,021,877
<INVESTMENTS-MARKET>                         3,076,715
<LOANS>                                     32,647,527<F1>
<ALLOWANCE>                                    588,533
<TOTAL-ASSETS>                              54,797,936
<DEPOSITS>                                  24,647,488
<SHORT-TERM>                                14,045,658
<LIABILITIES-OTHER>                          1,210,802
<LONG-TERM>                                 12,568,294
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                   1,732,255
<TOTAL-LIABILITIES-AND-EQUITY>              54,797,936
<INTEREST-LOAN>                              1,855,008
<INTEREST-INVEST>                              693,799
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             2,548,807
<INTEREST-DEPOSIT>                             791,112
<INTEREST-EXPENSE>                           1,774,125
<INTEREST-INCOME-NET>                          774,682
<LOAN-LOSSES>                                   40,000
<SECURITIES-GAINS>                               1,131
<EXPENSE-OTHER>                                761,324
<INCOME-PRETAX>                                450,357
<INCOME-PRE-EXTRAORDINARY>                     436,708
<EXTRAORDINARY>                                 98,706
<CHANGES>                                            0
<NET-INCOME>                                   338,002<F2>
<EPS-PRIMARY>                                     0.00
<EPS-DILUTED>                                     0.00
<YIELD-ACTUAL>                                    7.23
<LOANS-NON>                                    226,188
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                31,937
<LOANS-PROBLEM>                                 86,340
<ALLOWANCE-OPEN>                               418,674
<CHARGE-OFFS>                                   46,126
<RECOVERIES>                                     5,971
<ALLOWANCE-CLOSE>                              588,533
<ALLOWANCE-DOMESTIC>                            17,561
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        570,972
<FN>
<F1>Tag 17 - Loans includes Loans held for sale of $2,366,583 and Allowance for
    loan losses of $588,533
<F2>Tag 43 - Net income available to common stockholders: $337,424
</FN>