Corporate Profile for Washington Federal Inc., dated 2 Oct. 1998.

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Published Date:   2 Oct. 1998

Company Name:          Washington Federal Inc.

Address:          425 Pike St.
                  Seattle, WA  98101

Main Telephone
 Number:          206/624-7930

Chief Executive
 Officer:          Guy C. Pinkerton

Chief Financial
 Officer:          Ron Saper

Investor Relations/
 Public Relations
 Contact:          Cathy Cooper
 Business number: 206/777-8246
Trading Symbol/
 Exchange:          (Nasdaq:WFSL)

Industry:          Financial Institutions
Market Makers:
Nationsbanc Montgomery Secs.
Merrill Lynch, Pierce, Fenner
Salomon Smith Barney Inc.
Lehman Brothers Inc.
Mayer & Schweitzer Inc.
Herzog, Heine, Geduld Inc.
Jeffries & Co. Inc.
Knight Securities L.P.
Sherwood Securities Corp.
Troster Singer Corp.
Fox-Pitt Kelton Inc.
Instinet Corp.
Keffe, Bruyette & Woods Inc.

    Company description:
    Washington Federal Inc. (WFSL) is the parent company of
Washington Federal Savings, a $5.6 billion savings association
headquartered in Seattle with 107 offices in Washington, Oregon,
Idaho, Utah and Arizona.
    Washington Federal Savings traces its roots back to 1917, when
Ballard Savings and Loan was founded in the fishing and lumber
community north of Seattle.  The association converted from a
federal mutual to a federal stock association in November 1982 and
formed a holding company in February 1995.  The company's fiscal
year ends September 30.
    Washington Federal operates as a traditional thrift, obtaining
its funds primarily through savings deposits from the general
public, from repayment of loans and from borrowings and retained
earnings.  These funds are used largely to make first lien loans to
borrowers for the acquisition and development of land into
residential lots, the construction of homes, the purchase of new and
existing homes, the financing of other real estate and for
investment in obligations of municipalities, the U.S. government and
its agencies.
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As of June 30, 1998

Assets: $5.6 billion Deposits: $3.1 billion Branches: 107 6/30/98 Quarterly Income: $28.5 million, or 54 cents per share

Income for nine months ended June 30, 1998: $83.5 million Current Quarterly Dividend: 23 cents per share (payable 10/23/98)

Stock Prices

Quarter ended High Low Dividends

12/31/95 19-5/8 16-5/8 18 3/31/96 19-3/8

17 18 6/30/96 18-3/8 16-3/4 19 9/30/96

19-1/2 15-7/8 19 12/31/96 23-1/8 19 20 3/31/97 25-5/8 20-5/8 20 6/30/97 25-3/4

20-3/8 21 9/30/98 27-3/8 22-7/8 21