EXHIBIT (24)
                            FIRST UNION CORPORATION
                               POWER OF ATTORNEY
     KNOW ALL MEN BY THESE PRESENTS that the undersigned directors and officers
of FIRST UNION CORPORATION (the Corporation) hereby constitute and appoint
Marion A. Cowell, Jr. and Kent S. Hathaway, and each of them severally, the true
and lawful agents and attorneys-in-fact of the undersigned with full power and
authority in said agents and the attorneys-in-fact, and in any one of them, to
sign for the undersigned and in their respective names as directors and officers
of the Corporation, the Form 10-K Annual Report for the year ended December 31,
1993, to be filed by First Union Corporation with the Securities and Exchange
Commission.


                      SIGNATURE                                                      CAPACITY
                                                     
              EDWARD E. CRUTCHFIELD, JR.                Chairman and Chief Executive Officer and Director
              EDWARD E. CRUTCHFIELD, JR.
                   ROBERT T. ATWOOD                     Executive Vice President and Chief Financial Officer
                   ROBERT T. ATWOOD
                    JAMES H. HATCH                      Senior Vice President and Corporate Controller (Principal
                                                          Accounting Officer)
                    JAMES H. HATCH
                  G. ALEX BERNHARDT                     Director
                  G. ALEX BERNHARDT
                   W. WALDO BRADLEY                     Director
                   W. WALDO BRADLEY
                   ROBERT J. BROWN                      Director
                   ROBERT J. BROWN
                  WARNER N. DALHOUSE                    Director
                  WARNER N. DALHOUSE
                   ROBERT D. DAVIS                      Director
                   ROBERT D. DAVIS
                  R. STUART DICKSON                     Director
                  R. STUART DICKSON
                     B. F. DOLAN                        Director
                     B. F. DOLAN
                   RODDEY DOWD, SR.                     Director
                   RODDEY DOWD, SR.
                   JOHN R. GEORGIUS                     Director
                   JOHN R. GEORGIUS
               WILLIAM H. GOODWIN, JR.                  Director
               WILLIAM H. GOODWIN, JR.

 

                      SIGNATURE                         CAPACITY
                  BRENTON S. HALSEY                     Director
                  BRENTON S. HALSEY
                  HOWARD H. HAWORTH                     Director
                  HOWARD H. HAWORTH
                TORRENCE E. HEMBY, JR.                  Director
                TORRENCE E. HEMBY, JR.
                  LEONARD G. HERRING                    Director
                  LEONARD G. HERRING
                   JACK A. LAUGHERY                     Director
                   JACK A. LAUGHERY
                      MAX LENNON                        Director
                      MAX LENNON
                  RADFORD D. LOVETT                     Director
                  RADFORD D. LOVETT
                 HENRY D. PERRY, JR.                    Director
                 HENRY D. PERRY, JR.
                 RANDOLPH N. REYNOLDS                   Director
                 RANDOLPH N. REYNOLDS
                     RUTH G. SHAW                       Director
                     RUTH G. SHAW
                    LANTY L. SMITH                      Director
                    LANTY L. SMITH
                   DEWEY L. TROGDON                     Director
                   DEWEY L. TROGDON
                    JOHN D. UIBLE                       Director
                    JOHN D. UIBLE
                     B. J. WALKER                       Director
                     B. J. WALKER
                  KENNETH G. YOUNGER                    Director
                  KENNETH G. YOUNGER
 
Dated: February 15, 1994
Charlotte, North Carolina