1

                                                                   Exhibit 20(c)

(FIRST AMERICAN CORPORATION LOGO)

                                                                    NEWS RELEASE

                                                              
Financial Contact: Carroll Kimball,     Telephone: 615/748-2455     Fax: 615/748-2755
Media Contact:     Vicki Kessler,       Telephone: 615/748-2912     Fax: 615/748-2538


For Immediate Release

          FIRST AMERICAN CORPORATION COMPLETES HERITAGE FEDERAL MERGER

         NASHVILLE, TENN., Nov. 1, 1995 -- First American Corporation
(NASDAQ:FATN) reported today that its previously announced merger of Heritage
Federal Bancshares, Inc. (NASDAQ:HFBS) into First American has been completed.

         Heritage Federal is the holding company for Heritage Federal Bank for
Savings, a $525 million savings bank headquartered in Kingsport, Tenn.  The
company has 13 offices primarily in the Tri-Cities and Knoxville/Oak Ridge
areas.  The combined company will have the leading market share in the
Tri-Cities area and the number two position in the Knoxville/Oak Ridge area.  

         Under the terms of the merger, Heritage Federal shareholders 
received .8116 shares of First American common stock for each share of Heritage
Federal stock in a tax free exchange.  Based on the price of First American 
common stock at the close of business on Oct. 31, 1995, that equates to a 
price of $35.61 per Heritage Federal share.  Approximately 2.9 million shares 
of First American common stock were issued.

         Approximately $6 million of cost savings (45 percent of Heritage
Federal's non-interest expense) are anticipated in 1996 as a result of its
integration into First American.  First American expects to record one-time
charges of approximately $4.5 million, net of tax, in the fourth quarter of
1995 in conjunction with the merger.  In addition, First American will expense
approximately $2 million in the fourth quarter of 1995 related to the recapture
of the bad debt reserve for tax purposes.  The transaction will be accounted
for as a pooling of interests.

         First American Corporation is the Nashville-based parent company of
First American National Bank, First American National Bank of Kentucky and
First American Enterprises, Inc.  Approximately 3,400 people work for First
American in 146 offices.

         First American's stock is traded in the over-the-counter securities
market and is quoted on the NASDAQ National Market System under the symbol
FATN.

                                       1