Bay View Capital Corporation announces financial highlights.

SAN MATEO, Calif.--(BUSINESS WIRE)--June 19, 1996--Following are the financial highlights for Bay View Capital Corporation. -0-

                    MONTHLY FINANCIAL HIGHLIGHTS
                            (Unaudited)

June 19, 1996                                          At or for
                               At or for month        period ended
                                ended May 31,           May 31,
(Dollars in thousands)        1996        1995       1996     1995

LOANS AND MORTGAGE-BACKED
SECURITIES ACTIVITY

 Loans Originated         $    21,420  $    34,957  $90,780 $125,687
 Loans Purchased/
  Repurchased                   3,582           56   31,476    1,649
 Loans Sold                       ---          ---   11,978      119
 Mortgage-backed
  Securities sold                 ---      103,454   27,745  103,454

ASSETS

 Cash and Cash
  Equivalents (a)         $   108,410  $    48,094
 Investment Securities
  and FHLB Stock               56,576       82,099
 Mortgage-backed
  Securities, net             659,747      787,286
 Loans Receivable, net      2,037,546    2,094,275
 Other Assets                  71,622       84,607

  Total Assets            $ 2,933,901  $ 3,096,361

CUSTOMER DEPOSITS

Transaction Accounts:
 Checking                 $   106,031  $    99,446
 Regular/Tiered Savings       205,316      141,565
 Money Market Accounts        120,306      117,849

   Total                      431,653      358,860

Term Accounts:

 6 month CDs                   84,110       60,374
 1 year CDs                   370,147      475,811
 Jumbo CDs - Branch            22,075       16,968
 Jumbo CDs - Money Desk         8,118       66,813
 Other Time Deposits          843,900      833,520

  Total                     1,328,350    1,453,486

Total Customer Deposits   $ 1,760,003  $ 1,812,346

Net Customer Deposits
 Increase (Decrease)
  From Prior Month        $   (26,308) $     4,590
Interest Credited
  Included in Net
  Change in Net
  Customer Deposits
  Increase (Decrease)     $     1,597  $     1,426  $23,226 $ 19,551

BORROWINGS AND OTHER LIABILITIES

 Federal Home Loan Bank
  Advances                $   739,350  $   905,980
 Securities Sold Under
  Agreements to
  Repurchase                  137,640      117,492
 Senior Debenture              50,000          ---
 Other Borrowings               7,399        8,079
 Other Liabilities             34,327       28,405

 Total Borrowings and
     Other Liabilities    $   968,716  $ 1,059,956

                                                        Month
                                                    ended May 31,
                                                    1996     1995
WEIGHTED AVERAGE YIELDS AND RATES

 Loans                                              7.81     7.44
 Mortgage-backed Securities                         6.35     6.73
 Investments                                        5.56     5.39
 Interest-earning Assets                            7.38     7.16
 Customer Deposits                                  5.05     5.24
 Borrowings                                         6.07     6.36
 Interest-bearing Liabilities                       5.39     5.65
 Net Interest Spread (b)                            1.99     1.51
 Net Interest Margin (b)(c)                         2.31     1.79

                                                      At May 31,
ORIGINATION RATE ON NEW LOANS (FULLY INDEXED)       1996     1995

 1 Year Treasury                                    8.22%    8.79%
 Monthly COFI (f)                                    N/A     7.46%
 Fixed - 30 Year                                    7.75%    8.00%

KEY RATIOS

 Nonperforming Assets/Total Assets (d)              1.00%    1.84%
 Troubled Debt Restructurings/Total Assets (e)       .02%     .45%

(a)  Cash and cash equivalents include federal funds sold.
(b)  Net interest spread and margin are calculated excluding
     nonperforming assets.
(c)  Net interest margin represents net interest spread after
     including a factor for the excess of interest-earning assets
     over interest-bearing liabilities.
(d)  Loans ninety days or more delinquent, (excluding accruing loans
     delinquent ninety days or more), loans designated as
     nonperforming, nonperforming securities and foreclosed real
     estate.
(e)  Real estate loans which have been modified (due to borrower
     financial difficulties) with stated interest rate and/or a
     monthly payment rate lower than the prevailing market rate.  At
     May 31, 1996, all such loans were current according to their
     modified terms.
(f)  Monthly mortgage loan COFI product is no longer being offered.

CONTACT: Bay View Capital Corp., San Mateo

David A. Heaberlin, 415/312-7272