1

   As filed with the Securities and Exchange Commission on September 12, 1995
                                                       Registration No. 33-58644

================================================================================


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                           __________________________

                         POST-EFFECTIVE AMENDMENT NO. 1

                                       TO

                                    FORM S-3
                             REGISTRATION STATEMENT
                                     UNDER
                           THE SECURITIES ACT OF 1933
                           __________________________

                         MICHIGAN NATIONAL CORPORATION
             (Exact name of registrant as specified in its charter)

        Michigan                                                      38-0111135
(State or other jurisdiction of             (IRS employer identification number)
incorporation or organization)

                               27777 Inkster Road
                        Farmington Hills, Michigan 48334
                                 (810) 473-3000

         (Address, including zip code, and telephone number, including
            area code, of registrant's principal executive offices)

                              Lawrence L. Gladchun
              Senior Vice President, General Counsel and Secretary
                         Michigan National Corporation
                               27777 Inkster Road
                        Farmington Hills, Michigan 48334
                                 (810) 473-3000

           (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)
                           __________________________

                                   Copies to:

MICHELLE L. CASGRAIN                                          ELLIOT A. SPOON
Michigan National Corporation                     Jaffe, Raitt, Heuer & Weiss
27777 Inkster Road                                   Professional Corporation
Farmington Hills, Michigan 48334                          One Woodward Avenue
                                                                   Suite 2400
                                                      Detroit, Michigan 48226


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   2


  Pursuant to the undertaking of Registrant in accordance with Item 512(a)(3)
of Regulation S-K, Registrant hereby removes from registration under the
Securities Act of 1933, as amended, all securities of Registrant covered by
this Registration Statement and related Prospectus which were unsold as of June
30, 1995 (being all securities covered as none were sold), the date of
termination of the offering of securities covered by this Registration
Statement and related Prospectus.


                                   SIGNATURES

  Pursuant to the requirements of the Securities Act of 1933, the Registrant
has duly caused this Post-Effective Amendment No. 1 to the Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Farmington Hills, State of Michigan, on the 30th day
of June, 1995.*


                                           MICHIGAN NATIONAL CORPORATION, a
                                           Michigan corporation (Registrant)


                                           By: Robert J. Mylod  
                                               ---------------------------------
                                                 Robert J. Mylod, Chairman and
                                                 Chief Executive Officer


B121460.1





__________________________________
  *Executed in accordance with the provisions of Rule 478(a).