<PAGE>
 
                                                      Rule 424(b)(2)
                                                      Registration No. 33-50435
Pricing Supplement No. 13                             
                                                     
Dated: May 17, 1994


(To Prospectus Dated October 28, 1993, as Supplemented by Prospectus Supplement
Dated December 29, 1993)

                              NORWEST CORPORATION

                          Medium-Term Notes, Series D

                              Floating Rate Notes
                              ______________________________________________
            Principal Amount:      $40,000,000
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         Proceeds to Company:      $39,961,600
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         Original Issue Date:          5/23/94
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             Stated Maturity:          5/23/96
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                        Form:      Book Entry [X]  Certificated [ ]

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         Floating Rate Basis:  LIBOR Telerate page 3750
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       Initial Interest Rate:  To be set on 5/19/94
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      Interest Payment Dates:  Monthly - third Wednesday of each month
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        Regular Record Dates:  Fifteen calendar days preceding each interest 
                               payment date
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Interest Determination Dates:  Second London banking day preceding each 
                               interest reset date
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                              ______________________________________________
        Interest Reset Dates:  Third Wednesday of each month
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                              ________________           ___________________
              Index Maturity:  1 month           Spread: 
                              ________________           ___________________

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                       Agent:  Donaldson, Lufkin & Jenrette
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                    Currency:  U.S. Dollars
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  Other Terms: 
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