<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF WACHOVIA CORPORATION FOR THE THREE MONTHS ENDED, 
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<EXCHANGE-RATE>                                      1
<CASH>                                       2,419,234
<INT-BEARING-DEPOSITS>                           6,364
<FED-FUNDS-SOLD>                                24,341
<TRADING-ASSETS>                               770,457
<INVESTMENTS-HELD-FOR-SALE>                  3,759,901
<INVESTMENTS-CARRYING>                       4,524,687
<INVESTMENTS-MARKET>                         4,558,931
<LOANS>                                     26,728,134
<ALLOWANCE>                                    408,500
<TOTAL-ASSETS>                              40,223,351
<DEPOSITS>                                  23,109,591
<SHORT-TERM>                                 7,976,501
<LIABILITIES-OTHER>                          1,086,626
<LONG-TERM>                                  4,645,650
<COMMON>                                       856,037
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   2,548,946
<TOTAL-LIABILITIES-AND-EQUITY>              40,223,351
<INTEREST-LOAN>                                559,774
<INTEREST-INVEST>                              119,046
<INTEREST-OTHER>                                12,972
<INTEREST-TOTAL>                               691,792
<INTEREST-DEPOSIT>                             167,333
<INTEREST-EXPENSE>                             342,596
<INTEREST-INCOME-NET>                          349,196
<LOAN-LOSSES>                                   21,788
<SECURITIES-GAINS>                                (129)
<EXPENSE-OTHER>                                283,032
<INCOME-PRETAX>                                201,340
<INCOME-PRE-EXTRAORDINARY>                     142,156
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   142,156
<EPS-PRIMARY>                                      .83
<EPS-DILUTED>                                      .82
<YIELD-ACTUAL>                                    4.36
<LOANS-NON>                                     71,848
<LOANS-PAST>                                    48,998
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               406,132
<CHARGE-OFFS>                                   26,458
<RECOVERIES>                                     7,038
<ALLOWANCE-CLOSE>                              408,500
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0