INTER REGIONAL FINANCIAL GROUP INC
8-K, 1995-05-17
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                            FORM 8-K

                         CURRENT REPORT


                 PURSUANT TO SECTION 13 OR 15(d)
             OF THE SECURITIES EXCHANGE ACT OF 1934

                 Date of Earliest Event Reported
                           May 2, 1995

              Inter-Regional Financial Group, Inc.

     (Exact name of registrant as specified in its charter)



                            DELAWARE

 (State or other jurisdiction of incorporation of organization)


               1-8186                         41-1228350
      (Commission File Number)       (IRS Employer Identification
                                                Number)

        Dain Bosworth Plaza
       60 South Sixth Street
       Minneapolis, Minnesota                 55402-4422
(Address of principal executive offices)      (Zip Code)


Registrant's telephone number, including area code (612) 371-7750

<PAGE>

Item 5.   OTHER EVENTS

          Reference is made to Exhibit 28 filed herewith.

Item 7.   FINANCIAL STATEMENTS AND EXHIBITS

          Exhibit 28  Press release regarding the naming of
                      Irving Weiser as the registrant's Chairman
                      and the election of John C. Appel to the
                      registrant's Board of Directors.
<PAGE>
                            SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.


                           INTER-REGIONAL FINANCIAL GROUP, INC.
                                        Registrant


Date:   May 17, 1995             By:  Daniel J. Reuss
        ------------------            ----------------------
                                      Daniel J. Reuss
                                      Senior Vice President
                                         and Treasurer
<PAGE>

      INTER-REGIONAL FINANCIAL GROUP, INC. AND SUBSIDIARIES
                        INDEX OF EXHIBITS


Exhibit No.

      28       - Press release  regarding the  naming  of  Irving
                 Weiser as  the  registrant's  Chairman  and  the
                 election of  John C.  Appel to  the registrant's
                 Board of Directors.


                                                       Exhibit 28

INTER-REGIONAL FINANCIAL GROUP, INC.
NEWS RELEASE

              IRVING WEISER NAMED CHAIRMAN OF IFG;
               JOHN C. APPEL ELECTED TO IFG BOARD

MINNEAPOLIS, May 3 -- Inter-Regional Financial Group (NYSE:
IFG), parent company of regional broker-dealers Dain Bosworth
Incorporated, Minneapolis, and Rauscher Pierce Refsnes, Inc.,
Dallas, today announced that Irving Weiser, president and chief
executive officer, has been named to the additional post of
chairman.  Weiser, 47, has been CEO of IFG since 1990 and
president of IFG since 1985.  He also has been chairman and CEO
of Dain Bosworth since 1990.

John C. Appel, president and chief operating officer of Dain
Bosworth, also was elected to the board of directors at IFG's
annual shareholders' meeting on May 2.  Prior to assuming his
current post in February 1994, Appel, 46, had served as CFO of
IFG since 1986 and of Dain Bosworth since 1990.  Weiser, Appel
and David A. Smith, Rauscher Pierce Refsnes chairman and CEO,
serve as IFG's three management directors.

Richard D. McFarland, chairman of IFG's board since 1985, did not
stand for re-election to the board this year.  Commenting on
McFarland's retirement from the board, Weiser said, "While Dick
McFarland will no longer serve on the IFG board, we are pleased
that he will remain active in our firm in several roles in which
he is greatly talented and much beloved + serving clients,
recruiting employees, and being a goodwill ambassador for our
firm and the securities industry."  McFarland, who now serves as
vice chairman of Dain Bosworth and Insight Investment Management,
was honored for his 22 years of board service at the annual
meeting.

Six outside directors were also re-elected at the May 2 meeting:
Susan S. Boren, senior vice president, department store division,
Dayton Hudson Corp.; F. Gregory Fitz-Gerald, private investor and
financial consultant; Lawrence Perlman, president and CEO,
Ceridian Corp.; C. A. Rundell Jr., private investor/financial
consultant, Rundell Enterprises; Robert L. Ryan, senior vice
president and CFO, Medtronic Inc.; and Arthur R. Schulze Jr.,
former vice chairman, General Mills Inc.

Inter-Regional Financial Group, Inc. is, through Dain Bosworth
Incorporated and Rauscher Pierce Refsnes, Inc., one of the
nation's largest full-service regional brokerage and investment
banking companies.  IFG's two broker-dealers serve individual,
institutional, corporate and governmental clients in 24 states,
predominantly in the western half of the United States.  IFG also
is the parent company of Regional Operations Group, Inc., which
provides brokerage operations and technology services to IFG
broker-dealers and correspondent firms, and IFG Asset Management
Services, Inc., which provides financial services to IFG's
broker-dealers, and which, through Insight Investment Management,
manages the Great Hall Funds and other institutional fixed income
accounts.  The company's common stock is traded on the New York
Stock Exchange under the symbol IFG.
                               ###

CONTACT:  B.J. French, Corporate Communications, (612) 371-2363



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