<ARTICLE> 9
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                           2,975
<INT-BEARING-DEPOSITS>                              27
<FED-FUNDS-SOLD>                                   438
<TRADING-ASSETS>                                    42
<INVESTMENTS-HELD-FOR-SALE>                      7,482
<INVESTMENTS-CARRYING>                           1,679
<INVESTMENTS-MARKET>                             1,714
<LOANS>                                         48,161
<ALLOWANCE>                                        875
<TOTAL-ASSETS>                                  65,052
<DEPOSITS>                                      45,401
<SHORT-TERM>                                     8,772
<LIABILITIES-OTHER>                              1,489
<LONG-TERM>                                      4,266
<COMMON>                                           246
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        160
<OTHER-SE>                                       4,718
<TOTAL-LIABILITIES-AND-EQUITY>                  65,052
<INTEREST-LOAN>                                  1,071
<INTEREST-INVEST>                                  152
<INTEREST-OTHER>                                    13
<INTEREST-TOTAL>                                 1,236
<INTEREST-DEPOSIT>                                 384
<INTEREST-EXPENSE>                                 567
<INTEREST-INCOME-NET>                              669
<LOAN-LOSSES>                                       44
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                    570
<INCOME-PRETAX>                                    304
<INCOME-PRE-EXTRAORDINARY>                         208
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       208
<EPS-PRIMARY>                                      .86
<EPS-DILUTED>                                      .86
<YIELD-ACTUAL>                                    4.76
<LOANS-NON>                                        338
<LOANS-PAST>                                        89
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                   876
<CHARGE-OFFS>                                       70
<RECOVERIES>                                        27
<ALLOWANCE-CLOSE>                                  875
<ALLOWANCE-DOMESTIC>                               453
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            422