EXHIBIT (99)
FIRST UNION CORPORATION OF VIRGINIA AND SUBSIDIARIES
SUMMARIZED FINANCIAL INFORMATION

In connection with the merger of Dominion Bankshares Corporation into First 
Union Corporation of Virginia ("FUNC-VA"), a wholly-owned subsidiary of First 
Union Corporation (the "Corporation"), on March 1, 1993, FUNC-VA assumed, and 
subsequently the Corporation guaranteed, FUNC-VA's publicly held 9 5/8 % 
Subordinated Capital Notes Due 1999. Set forth below is summarized consolidated
financial information for FUNC-VA and subsidiaries for the period indicated.

CONSOLIDATED STATEMENT OF INCOME DATA



                                                                            Three    
                                                                            Months  
                                                                            Ended  
                                                                          March 31, 
(In thousands)                                                               1994
                                                                        

Net interest income                                                        $119,659  
Income before income taxes                                                   34,517  
Net income                                                                 $ 22,316  



CONSOLIDATED BALANCE SHEET DATA



                                                                           March 31, 
(In thousands)                                                               1994
                                                                     
Asset                                                                    $13,194,259  
Securities available for sale                                              2,748,875  
Investment securities                                                         76,702  
Loans, net of unearned income                                              7,091,396  
Stockholder's equity                                                      $1,210,099