STANDARD FINANCIAL INC
SC 13G, 1996-04-12
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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       SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C.  20549
		 Schedule 13G

Under the Securities Exchange Act of 1934
(Amendment No.   )*

     Standard Financial Inc.          (Name of Issuer)

     Common Stock    (Title of Class of Securities)

     853403103    (CUSIP Number)

Check the following box if a fee is being paid with this statement
( X ).  (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more than
five percent of the class of securities described in Item 1; and (2) has
filed no amendment subsequent thereto reporting beneficial ownership of
five percent or less of such class.)  (See Rule 13d-7.)

*The remainder of this cover pages shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
the section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
(Continued on following page(s))
Page 1 of 7 Pages

CUSIP No. 853403103
		      13G

1  NAME OF REPORTING PERSON
   S. S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Bankmont Financial Corp.      51-0275712

2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                					 (a) (   )
 See Exhibit 1        (b) ( X )

3  SEC USE ONLY

4 CITIZENSHIP OR PLACE OF ORGANIZATION
    A Delaware Corporation

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5  SOLE VOTING POWER  1,896,680

6  SHARED VOTING POWER 	0

7  SOLE DISPOSITIVE POWER   1,896,680

8  SHARED DISPOSITIVE POWER   0

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      1,896,680

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9  10.6%

12  TYPE OF REPORTING PERSON  HC
       
*SEE INSTRUCTION BEFORE FILLING OUT!

1(a)  NAME OF ISSUER:  Standard Financial Inc.

1(b)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

      4192 S. Archer Avenue
      Chicago, IL  60632

2(a)  NAME OF PERSON FILING:

	Bankmont Financial Corp.

2(b)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR RESIDENCE:

	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690

2(c)  PLACE OF ORGANIZATION OR CITIZENSHIP:

      A Delaware Corporation

2(d)  TITLE OF CLASS OF SECURITIES:

	  Common stock

2(e)  CUSIP NUMBER:  853403103

3 If this statement is filed pursuant to Rules 13d-1(b),
   or 13d-2(b), check whether the person filing is a:

(a) [  ]  Broker or dealer registered under section 15 of the Act.
(b) [X]  Bank as defined in section 3(a)(6) of the Act.
(c) [  ]  Insurance company as defined in section 3(a)(19) of the Act.
(d) [  ]  Investment company registered under section 8 of the 
		Investment Company Act.
(e) [  ]  Investment adviser registered under section 203 of the
		Investment Advisers Act of 1940.
(f) [  ]  Employee benefit plan, pension fund which is subject to the
	  provisions of the Employee Retirement Income Security Act of
	  1974 or endowment fund; see Sec.240.13d-1(b)(1)(ii)(F).
(g) [X]  Parent holding company, in accordance with Sec.240.13d-
	   1(b)(ii)(G).
(h) [  ]  Group, in accordance with Sec.240.13d-1(b)(1)(ii)(H).

4  OWNERSHIP:

 (a)  Amount Beneficially Owned:

      1,896,680	  See Exhibit 2

 (b)  Percent of Class:  10.6%

 (c)  Number of Shares as to Which Such Person has:

	(i) Sole power to vote or to direct the vote:
	     1,896,680
	     See Exhibit 2

      (ii) Shared power to vote or to direct the vote:   0

     (iii) Sole power to dispose or to direct the disposition of:
	     1,896,680
	     See Exhibit 2

     (iv)  Shared power to dispose or to direct the disposition of:
  	     0

5 NOT APPLICABLE

6 OWNERSHIP OF MORE THAN 5 PERCENT ON BEHALF OF ANOTHER PERSON:
       See Exhibit 2


7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
  THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
	 Bankmont Financial Corp., a Parent Holding Company, filing
	 under Rule 13d-1(b)(ii)(G) on behalf of the following
	 subsidiary:

	  Harris Bankcorp, Inc., a Parent Holding Company
	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690

	  Harris Trust and Savings Bank, a Bank
	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690

   Harris Bankmont, Inc., a Parent Holding Company
   111 West Monroe Street
   P. O. Box 755
   Chicago, IL  60690

   Harris Bank Palatine, N. A., a Bank
   50 North Brockway Street
   Palatine, IL  60067

8 NOT APPLICABLE

9 NOT APPLICABLE

10 CERTIFICATION:

By signing below, the undersigned certifies that, to the best of
his knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and not acquired for
the purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having such
purpose or effect.

SIGNATURE:  After reasonable inquiry and to the best of his
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete and correct.

Date:  February 13, 1996

    BANKMONT FINANCIAL CORP.

BY: (Alan G. McNally)
    Alan G. McNally 
	  President


		      SCHEDULE 13G
		      Exhibit 1

Bankmont Financial Corp., a wholly-owned subsidiary of Bank of
Montreal, owns Harris Bankmont, Inc.  Harris Bank Palatine, N. A.
is a wholly-owned subsidiary of Harris Bankmont, Inc.

Pursuant to Rule 13-d(f)1(iii), Harris Bankmont, Inc. and Harris
Bank Palatine, N. A. agree to this filing of Schedule 13G by
Bankmont Financial Corp.  This exhibit is submitted as proof of
their agreement and authorization for Bankmont Financial Corp. to
file on their behalf.

Date:  February 13, 1996

HARRIS BANKMONT, INC.


BY:  (Thomas R. Sizer)
  Thomas R. Sizer    
  Secretary          


HARRIS BANK PALATINE, N. A.


BY:   (Mary E. Rooney)
      Executive Vice President 
      and Senior Trust Officer


	   SCHEDULE 13G
	   Exhibit 2

In accordance with Rule 13d-4, Bankmont Financial Corp., its wholly
- -owned subsidiary Harris Bankmont, Inc. and its wholly-owned
subsidiary Harris Bank Palatine, N. A. as Trustee, expressly disclaim
beneficial ownership of the 1,269,544 Common Shares held by Harris
Bank Palatine, N. A. as Trustee of the Standard Federal Bank for Savings
Employee Stock Ownership Plan.  Harris Bank Palatine, N. A. as Trustee
also disclaims beneficial ownership of the 626,136 Common Shares held
as Trustee of the 401(k) Plan of the Employees of Standard Federal 
Bank for Savings (the "Shares", the "Plan and Trust" and the "401(k)
Plan").  These Shares are reported on Cover Sheet page 2 and also on
pages 4 through 6 of this Schedule 13G.

Under terms of the Plan and Trust, as amended, the Trustee is to vote the
allocated Shares held by the Plan and Trust in accordance with the 
instructions received from Plan and Trust participants and to dispose of the 
allocated Shares in connection with tender offers in accordance
with directions received from Plan and Trust participants.  If no voting
instructions or invalid voting instructions are received with respect
to allocated Shares the Trustee is to vote such Shares in the same manner
and in the same proportion as the allocated Shares with respect to which
the Trustee received valid voting instructions are voted.  With respect 
to allocated Shares, if no directions or invalid directions are received
in connection with tendering Shares, the Trustee is to treat such 
allocated Shares as if participants instructed the Trustee not to dispose
of such Shares.  With respect to unallocated Shares, the Trustee is to 
vote such Shares, or dispose of such Shares in connection with tender
offers, in the same manner and in the same proportion as the allocated
Shares with respect to which the Trustee received valid voting instructions
or directions are voted or disposed.

Under terms of the 401(k) Plan, participants have the right to direct 
Trustee on how to vote any company stock.  The Trustee shall act in 
accordance with those instructions.  If the Trustee does not receive 
timely instructions on how to vote, the Trustee shall vote such company
stock in the same proportion as Shares with respect to which it has
received instructions.  The Trustee shall have no discretion in such
matters.

The actions and duties on the Trustee pursuant to the provisions of the
Plan and Trust including, but not limited to the provisions described
above, are subject to the requirements of the Employee Retirement Income
Security Act of 1974.




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