CATERPILLAR FINANCIAL SERVICES CORP
424B2, 2000-12-19
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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CATERPILLAR FINANCIAL SERVICES CORPORATION

POWERNOTES (SM)

With Maturities of 9 months or more from Date of Issue


Registration No.  333-35460
Filed Pursuant to Rule 424 (b) (2)
PRICING SUPPLEMENT NO.  030				Trade Date: 12/14/00
(To Prospectus Supplement & Prospectus dated
  September 8, 2000)						Issue Date:  12/19/00
The Date of this Pricing Supplement December 14, 2000

                                                      SUBJECT TO REDEMPTION
  CUSIP									Date and terms of redemption or
     or	Stated				             Interest			repayment (including any
Common	Interest		  Price to	 Discounts & Payment	Survivor's		applicable
                                                           regular or special
Code	Rate (1)	Maturity	Public (2)	Commissions  Frequency	  Option	Yes/No
                                                             record dates)

14911QBF7   6.60%      12/15/04	  100%	0.875% Semi-Annually	     YES	   NO



Original Issue Discount Note:					Total Amount of OID:
____  Yes	  X   No						N/A



(1) The interest rates on the PowerNotes (SM) may be changed by Caterpillar
Financial Services Corporation from time to time, but any such change will not
affect the interest rate on any PowerNotes (SM) offered prior to the effective
date of the change.

(2) Expressed as a percentage of aggregate principal amount.  Actual Price to
Public may be less, and will be determined by prevailing market prices at the
time of purchase as set forth in the confirmation sheet.






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