NORWEST FINANCIAL INC
424B2, 1994-03-11
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated March 10, 1994                      Rule 424 (b)(2)
                                                             File No. 33-37598
(To Prospectus dated January 9, 1991 and
Prospectus Supplement dated February 25, 1991)

NORWEST FINANCIAL, INC.
Senior Subordinated
Medium Term Notes, Series A
(U.S. $ Fixed Rate)



Trade Date: March 10, 1994               Original Issue Date:March 17, 1994
Principal Amount:  $20,000,000.00        Net Proceeds to Issuer:$19,950,000.00
Issue Price:  100%                     
Selling Agent's Commission: $50,000.00 
Interest Rate:  5.58%                  
Maturity Date:  November 15, 1996         



Form:

 X    Book Entry              Certificated



Redemption:

 X    The Notes cannot be redeemed prior to maturity
      The Notes may be redeemed prior to maturity

Initial Redemption Date:                  
Initial Redemption Price:                 %
Annual Redemption Price Reduction:        %



Repayment:

 X    The Notes cannot be repaid prior to maturity
      The Notes can be repaid prior to maturity at the option of the holder of 
      the Note

Repayment Date:                           
Repayment Price:                          %



Discount Note:

      Yes          X    No

Total Amount of OID:                      
Yield to Maturity:                        
Initial Accrual Period:                   



Selling Agent or Dealer:  Salomon Brothers Inc
     Salomon Brothers Inc has purchased the Notes as principal in this
     transaction for resale to one or more investors at varying prices related
     to prevailing market conditions at the time or times of resale as
     determined by Salomon Brothers Inc



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