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Golden West Financial Releases Thirteen Month Statistical Data.

Business Editors

OAKLAND, Calif.--(BUSINESS WIRE)--Oct. 20, 2000

Golden West Financial Corporation, parent of World Savings, today released statistical data for the thirteen months ended September 30, 2000.

Headquartered in Oakland, California, Golden West is a savings and loan holding company with assets of over $52 billion as of September 30, 2000. Currently operating 410 savings and lending offices under the World name, the Company has one of the largest thrift branch systems in the country. Golden West's stock is listed on the New York and Pacific Stock Exchanges under the ticker symbol GDW.


 Golden West Financial Corporation and Subsidiaries
 Monthly Financial Highlights
 September 1999 - September 2000
 (Dollars in millions)

 2000
 -----------------------------------------------
 SEP AUG JUL JUN
 -------- -------- -------- --------

Total Assets $ 52,365 $ 51,542 $ 50,687 $ 48,848

Cash and
 Investments $ 663 $ 900 $ 1,380 $ 791

Loan balance
 (Including MBS) $ 49,483 $ 48,446 $ 47,121 $ 45,816

Loans Originated
 - Month $ 1,650 $ 1,963 $ 1,865 $ 2,180
Fully Indexed
 Rate on Loans
 Originated
 - Month 8.43% 8.35% 8.27% 8.19%
Current Rate on
 Loans Originated
 - Month (a) 6.33% 6.34% 6.28% 6.22%
Loans Originated
 - YTD $ 14,920 $ 13,270 $ 11,307 $ 9,442
Fully Indexed
 Rate on Loans
 Originated
 - YTD 8.15% 8.11% 8.07% 8.04%

Retail Deposits $ 28,249 $ 28,183 $ 28,009 $ 27,727
Wholesale CDs 0 0 0 0
 -------- -------- -------- --------
 Total Deposits $ 28,249 $ 28,183 $ 28,009 $ 27,727
 ======== ======== ======== ========

Retail Deposit
 Net Activity
 - Month $ 66 $ 174 $ 282 $ 157
Wholesale CD Net
 Activity - Month 0 0 0 (310)
 -------- -------- -------- --------
 Total Deposit
 Net Activity
 - Month $ 66 $ 174 $ 282 $ (153)
 ======== ======== ======== ========

Retail Deposit
 Net Activity
 - YTD $ 1,134 $ 1,068 $ 894 $ 612
Wholesale CD Net
 Activity - YTD (600) (600) (600) (600)
 -------- -------- -------- --------
 Total Deposit
 Net Activity
 - YTD $ 534 $ 468 $ 294 $ 12
 ======== ======== ======== ========

Federal Home Loan
 Bank Borrowings $ 18,230 $ 17,228 $ 16,725 $ 15,231
Other Borrowings:
 Reverse
 Repurchases 859 1,060 1,061 1,161
 Federal Funds
 Purchased 50 0 0 0
 Subordinated
 Notes 714 714 713 713
 -------- -------- -------- --------
 Total
 Borrowings $ 19,853 $ 19,002 $ 18,499 $ 17,105
 ======== ======== ======== ========

Yield on Loan
 Portfolio 7.86% 7.76% 7.62% 7.52%
Yield on
 Investments 8.70 7.26 6.98 7.76
 -------- -------- -------- --------
 Combined Yield
 on Earning
 Assets 7.86% 7.75% 7.61% 7.52%

Cost of Deposits 5.28% 5.25% 5.20% 5.11%
Cost of Federal
 Home Loan Bank
 Borrowings 6.55 6.54 6.51 6.40
Cost of Other
 Borrowings 6.89 6.83 6.78 6.74
 -------- -------- -------- --------
 Combined Cost
 of Funds 5.82% 5.78% 5.73% 5.61%
 -------- -------- -------- --------

Net Interest
 Rate Spread 2.04% 1.97% 1.88% 1.91%
 ======== ======== ======== ========

Loan and MBS
 Repayments and
 Payoffs - Month $ 602 $ 638 $ 564 $ 653

Nonperforming
 Assets (NPAs)
 as a % of Total
 Assets .43% .43% .45% .45%
Troubled Debt
 Restructured
 (TDRs) as a %
 of Total Assets .01 .01 .01 .01
 -------- -------- -------- --------
NPAs and TDRs as
 a % of Total
 Assets .44% .44% .46% .46%
 ======== ======== ======== ========

(a) The current rate reflects the actual rate being paid by the
 borrower at time of origination.


 Golden West Financial Corporation and Subsidiaries
 Monthly Financial Highlights
 September 1999 - September 2000
 (Dollars in millions)

 2000
 --------------------------------------
 MAY APR MAR
 -------- -------- --------

Total Assets $ 47,041 $ 46,449 $ 45,636

Cash and
 Investments $ 657 $ 1,495 $ 1,822

Loan balance
 (Including MBS) $ 44,293 $ 42,980 $ 41,883

Loans Originated
 - Month $ 1,891 $ 1,605 $ 1,673
Fully Indexed
 Rate on Loans
 Originated
 - Month 8.10% 8.04% 7.98%
Current Rate on
 Loans Originated
 - Month (a) 6.12% 6.09% 6.13%
Loans Originated
 - YTD $ 7,262 $ 5,371 $ 3,766
Fully Indexed
 Rate on Loans
 Originated
 - YTD 7.99% 7.95% 7.91%

Retail Deposits $ 27,570 $ 27,501 $ 27,224
Wholesale CDs 310 650 750
 -------- -------- --------
 Total Deposits $ 27,880 $ 28,151 $ 27,974
 ======== ======== ========

Retail Deposit
 Net Activity
 - Month $ 69 $ 277 $ 85
Wholesale CD Net
 Activity - Month (340) (100) 0
 -------- -------- --------
 Total Deposit
 Net Activity
 - Month $ (271) $ 177 $ 85
 ======== ======== ========

Retail Deposit
 Net Activity
 - YTD $ 455 $ 386 $ 109
Wholesale CD Net
 Activity - YTD (290) 50 150
 -------- -------- --------
 Total Deposit
 Net Activity
 - YTD $ 165 $ 436 $ 259
 ======== ======== ========

Federal Home Loan
 Bank Borrowings $ 13,229 $ 12,727 $ 12,224
Other Borrowings:
 Reverse
 Repurchases 961 865 867
 Federal Funds
 Purchased 100 0 0
 Subordinated
 Notes 713 713 713
 -------- -------- --------
 Total
 Borrowings $ 15,003 $ 14,305 $ 13,804
 ======== ======== ========

Yield on Loan
 Portfolio 7.46% 7.41% 7.36%
Yield on
 Investments 7.98 6.46 6.38
 -------- -------- --------
 Combined Yield
 on Earning
 Assets 7.46% 7.39% 7.33%

Cost of Deposits 5.03% 4.96% 4.84%
Cost of Federal
 Home Loan Bank
 Borrowings 6.14 5.94 5.87
Cost of Other
 Borrowings 6.70 6.57 6.53
 -------- -------- --------
 Combined Cost
 of Funds 5.44% 5.31% 5.21%
 -------- -------- --------

Net Interest
 Rate Spread 2.02% 2.08% 2.12%
 ======== ======== ========

Loan and MBS
 Repayments and
 Payoffs - Month $ 567 $ 514 $ 554

Nonperforming
 Assets (NPAs)
 as a % of Total
 Assets .48% .49% .51%
Troubled Debt
 Restructured
 (TDRs) as a %
 of Total Assets .01 .01 .01
 -------- -------- --------
NPAs and TDRs as
 a % of Total
 Assets .49% .50% .52%
 ======== ======== ========

(a) The current rate reflects the actual rate being paid by the
 borrower at time of origination.


 Golden West Financial Corporation and Subsidiaries
 Monthly Financial Highlights
 September 1999 - September 2000
 (Dollars in millions)

 2000
 -----------------------
 FEB JAN
 -------- --------

Total Assets $ 43,417 $ 42,345

Cash and
 Investments $ 972 $ 716

Loan balance
 (Including MBS) $ 40,773 $ 40,048

Loans Originated
 - Month $ 1,185 $ 908
Fully Indexed
 Rate on Loans
 Originated
 - Month 7.90% 7.82%
Current Rate on
 Loans Originated
 - Month (a) 6.04% 5.97%
Loans Originated
 - YTD $ 2,093 $ 908
Fully Indexed
 Rate on Loans
 Originated - YTD 7.86% 7.82%

Retail Deposits $ 27,139 $ 27,206
Wholesale CDs 750 600
 -------- --------
 Total Deposits $ 27,889 $ 27,806
 ======== ========

Retail Deposit
 Net Activity
 - Month $ (67) $ 91
Wholesale CD Net
 Activity - Month 150 0
 -------- --------
 Total Deposit
 Net Activity
 - Month $ 83 $ 91
 ======== ========

Retail Deposit
 Net Activity
 - YTD $ 24 $ 91
Wholesale CD Net
 Activity - YTD 150 0
 -------- --------
 Total Deposit
 Net Activity
 - YTD $ 174 $ 91
 ======== ========

Federal Home
 Loan Bank
 Borrowings $ 9,822 $ 8,924
Other Borrowings:
 Reverse
 Repurchases 1,067 1,042
 Federal Funds
 Purchased 0 0
 Subordinated
 Notes 713 713
 -------- --------
 Total
 Borrowings $ 11,602 $ 10,679
 ======== ========

Yield on Loan
 Portfolio 7.32% 7.24%
Yield on
 Investments 6.41 6.84
 -------- --------
 Combined Yield
 on Earning
 Assets 7.31% 7.24%

Cost of Deposits 4.78% 4.75%
Cost of Federal
 Home Loan Bank
 Borrowings 5.75 5.68
Cost of Other
 Borrowings 6.43 6.39
 -------- --------
 Combined Cost
 of Funds 5.10% 5.04%
 -------- --------

Net Interest
 Rate Spread 2.21% 2.20%
 ======== ========

Loan and MBS
 Repayments and
 Payoffs - Month $ 448 $ 421

Nonperforming
 Assets (NPAs)
 as a % of Total
 Assets .55% .56%
Troubled Debt
 Restructured
 (TDRs) as a %
 of Total Assets .02 .02
 -------- --------
NPAs and TDRs as
 a % of Total
 Assets .57% .58%
 ======== ========

(a) The current rate reflects the actual rate being paid by the
 borrower at time of origination.


 Golden West Financial Corporation and Subsidiaries
 Monthly Financial Highlights
 September 1999 - September 2000
 (Dollars in millions)

 1999
 ---------------------------------------------
 DEC NOV OCT SEP
 -------- -------- -------- --------

Total Assets $ 42,142 $ 41,238 $ 40,949 $ 39,965

Cash and
 Investments $ 1,120 $ 1,044 $ 1,546 $ 1,262

Loan balance
 (Including MBS) $ 39,581 $ 38,543 $ 37,813 $ 37,111

Loans Originated
 - Month $ 1,648 $ 1,240 $ 1,240 $ 1,232
Fully Indexed
 Rate on Loans
 Originated
 - Month 7.76% 7.67% 7.59% 7.57%
Current Rate on
 Loans Originated
 - Month (a) 5.90% 5.86% 5.86% 5.88%
Loans Originated
 - YTD $ 12,672 $ 11,024 $ 9,784 $ 8,544
Fully Indexed
 Rate on Loans
 Originated - YTD 7.60% 7.58% 7.57% 7.57%

Retail Deposits $ 27,115 $ 26,967 $ 27,019 $ 26,550
Wholesale CDs 600 600 260 0
 -------- -------- -------- --------
 Total Deposits $ 27,715 $ 27,567 $ 27,279 $ 26,550
 ======== ======== ======== ========

Retail Deposit
 Net Activity
 - Month $ 148 $ (52) $ 469 $ 202
Wholesale CD Net
 Activity - Month 0 340 260 0
 -------- -------- -------- --------
 Total Deposit
 Net Activity
 - Month $ 148 $ 288 $ 729 $ 202
 ======== ======== ======== ========

Retail Deposit
 Net Activity
 - YTD $ 896 $ 748 $ 800 $ 331
Wholesale CD Net
 Activity - YTD 600 600 260 0
 -------- -------- -------- --------
 Total Deposit
 Net Activity
 - YTD $ 1,496 $ 1,348 $ 1,060 $ 331
 ======== ======== ======== ========

Federal Home
 Loan Bank
 Borrowings $ 8,915 $ 8,314 $ 8,307 $ 8,109
Other Borrowings:
 Reverse
 Repurchases 1,045 670 675 773
 Federal Funds
 Purchased 0 0 60 0
 Subordinated
 Notes 813 813 813 813
 -------- -------- -------- --------
 Total
 Borrowings $ 10,773 $ 9,797 $ 9,855 $ 9,695
 ======== ======== ======== ========

Yield on Loan
 Portfolio 7.16% 7.12% 7.08% 7.04%
Yield on
 Investments 5.88 6.26 5.76 6.10
 -------- -------- -------- --------
 Combined Yield
 on Earning
 Assets 7.15% 7.11% 7.04% 7.02%

Cost of Deposits 4.69% 4.64% 4.56% 4.50%
Cost of Federal
 Home Loan Bank
 Borrowings 5.64 5.53 5.39 5.36
Cost of Other
 Borrowings 6.41 6.49 6.43 6.39
 -------- -------- -------- --------
 Combined Cost
 of Funds 5.00% 4.91% 4.83% 4.78%
 -------- -------- -------- --------

Net Interest
 Rate Spread 2.15% 2.20% 2.21% 2.24%
 ======== ======== ======== ========

Loan and MBS
 Repayments and
 Payoffs - Month $ 607 $ 495 $ 524 $ 578

Nonperforming
 Assets (NPAs)
 as a % of Total
 Assets .56% .60% .59% .61%
Troubled Debt
 Restructured
 (TDRs) as a %
 of Total Assets .03 .03 .03 .04
 -------- -------- -------- --------
NPAs and TDRs as
 a % of Total
 Assets .59% .63% .62% .65%
 ======== ======== ======== ========

(a) The current rate reflects the actual rate being paid by the
 borrower at time of origination.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 20, 2000
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