<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
The schedule contains summary financial information derived from the annual
report on form 10-KSB for the fiscal year ended September 30, 2000, and is
qualified in its entirety by reference to such financial statements thereto.
</LEGEND>
<CIK> 0001082735
<NAME> GREATER ATLANTIC FINANCIAL CORPORATION
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> SEP-30-2000
<CASH> 2,312
<INT-BEARING-DEPOSITS> 3,405
<FED-FUNDS-SOLD> 0
<TRADING-ASSETS> 22,766
<INVESTMENTS-HELD-FOR-SALE> 86,580
<INVESTMENTS-CARRYING> 27,600
<INVESTMENTS-MARKET> 26,599
<LOANS> 138,297
<ALLOWANCE> 765
<TOTAL-ASSETS> 296,296
<DEPOSITS> 188,387
<SHORT-TERM> 49,836
<LIABILITIES-OTHER> 4,206
<LONG-TERM> 33,000
0
0
<COMMON> 30
<OTHER-SE> 20,837
<TOTAL-LIABILITIES-AND-EQUITY> 296,296
<INTEREST-LOAN> 8,462
<INTEREST-INVEST> 9,310
<INTEREST-OTHER> 0
<INTEREST-TOTAL> 17,772
<INTEREST-DEPOSIT> 7,668
<INTEREST-EXPENSE> 13,094
<INTEREST-INCOME-NET> 4,678
<LOAN-LOSSES> 13
<SECURITIES-GAINS> (1,025)
<EXPENSE-OTHER> 10,957
<INCOME-PRETAX> (4,238)
<INCOME-PRE-EXTRAORDINARY> (4,238)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (3,638)
<EPS-BASIC> (1.21)
<EPS-DILUTED> (1.21)
<YIELD-ACTUAL> 7.34
<LOANS-NON> 194
<LOANS-PAST> 0
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 590
<CHARGE-OFFS> 63
<RECOVERIES> 0
<ALLOWANCE-CLOSE> 765
<ALLOWANCE-DOMESTIC> 614
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 151
</TABLE>