GREAT WESTERN FINANCIAL CORP
DEFA14A, 1997-05-21
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                           SCHEDULE 14A INFORMATION
                   PROXY STATEMENT PURSUANT TO SECTION 14(A)
                    OF THE SECURITIES EXCHANGE ACT OF 1934

  Filed by the Registrant {X}

  Filed by a Party other than the Registrant {_}

  Check the appropriate box:
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  {_}  Confidential, for Use of the Commission Only (as permitted by
       Rule 14a-6(e)(2))
  {_}  Definitive Proxy Statement 
  {X}  Definitive Additional Materials
  { }  Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12

                      GREAT WESTERN FINANCIAL CORPORATION
                   -----------------------------------------
                (Name of Registrant as Specified in Its Charter)

                   -----------------------------------------
    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

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            the filing fee is calculated and state how it was determined): ___

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       (4)  Date Filed: ______________________________________________________


                                Merger Bulletin

          [Great Western Logo]

          May 21, 1997                            Vol. I Number 9

          To All Employees

                        COMMUNITY ADVERTISEMENTS PLACED
                     IN CALIFORNIA AND FLORIDA NEWSPAPERS

          For your information, the attached advertisements
          appeared in leading daily and weekly newspapers in
          California and Florida earlier this week.

          These ads feature excerpts from letters Great Western has
          received from community leaders in support of the Great
          Western/Washington Mutual merger.


          [A complete copy of the two advertisements filed by Great
          Western Financial Corporation with the SEC on May 20,
          1997 were attached to this bulletin.]


          Published by Corporate Communications -- Great Western -- N 11 36 --
          9200 Oakdale Avenue, Chatsworth, CA


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