WACHOVIA CORPORATION

                                POWER OF ATTORNEY



         KNOW ALL MEN BY THESE PRESENTS, that the undersigned director of
Wachovia Corporation (the "Corporation") does hereby make, constitute and
appoint Kenneth W. McAllister and Alice Washington Grogan, and each of them or
any one of them, his true and lawful attorney-in-fact (with full power of
substitution and resubstitution) to act for him and in his name, place and stead
in his capacity as a director of Wachovia Corporation, to file a Registration
Statement on Form S-3 or other applicable form, relating to an offering of up to
an aggregate of $300,000,000 of preferred securities by one or more Delaware
business trust subsidiaries of the Corporation, a like amount of junior
subordinated debentures of the Corporation, and guarantees by the Corporation of
the above-referenced preferred securities with the Securities and Exchange
Commission, and to sign any and all amendments (including post-effective
amendments) to the Registration Statement, and to file the same, with any
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact, and
each of them individually, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in the premises, as fully
to all intents and purposes as he might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact or either of them, or their
substitutes, may lawfully do or cause to be done by virtue hereof.

         In WITNESS WHEREOF, I the undersigned have executed this Power of
Attorney this 2nd day of January, 1997.


   
                                               /S/ JOHN L. CLENDENIN
                                               ---------------------------
                                              Signature


                                              JOHN L. CLENDENIN
                                              ----------------------------
                                              Print Name
    











                              WACHOVIA CORPORATION

                                POWER OF ATTORNEY



         KNOW ALL MEN BY THESE PRESENTS, that the undersigned director of
Wachovia Corporation (the "Corporation") does hereby make, constitute and
appoint Kenneth W. McAllister and Alice Washington Grogan, and each of them or
any one of them, his true and lawful attorney-in-fact (with full power of
substitution and resubstitution) to act for him and in his name, place and stead
in his capacity as a director of Wachovia Corporation, to file a Registration
Statement on Form S-3 or other applicable form, relating to an offering of up to
an aggregate of $300,000,000 of preferred securities by one or more Delaware
business trust subsidiaries of the Corporation, a like amount of junior
subordinated debentures of the Corporation, and guarantees by the Corporation of
the above-referenced preferred securities with the Securities and Exchange
Commission, and to sign any and all amendments (including post-effective
amendments) to the Registration Statement, and to file the same, with any
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact, and
each of them individually, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in the premises, as fully
to all intents and purposes as he might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact or either of them, or their
substitutes, may lawfully do or cause to be done by virtue hereof.

   
         In WITNESS WHEREOF, I the undersigned have executed this Power of
Attorney this 6th day of January, 1997.

                                              /S/ ROBERT M. HOLDER, JR.
                                              -----------------------------
                                              Signature


                                              ROBERT M. HOLDER, JR.
                                              ------------------------------
                                              Print Name
    







                              WACHOVIA CORPORATION

                                POWER OF ATTORNEY



         KNOW ALL MEN BY THESE PRESENTS, that the undersigned director of
Wachovia Corporation (the "Corporation") does hereby make, constitute and
appoint Kenneth W. McAllister and Alice Washington Grogan, and each of them or
any one of them, his true and lawful attorney-in-fact (with full power of
substitution and resubstitution) to act for him and in his name, place and stead
in his capacity as a director of Wachovia Corporation, to file a Registration
Statement on Form S-3 or other applicable form, relating to an offering of up to
an aggregate of $300,000,000 of preferred securities by one or more Delaware
business trust subsidiaries of the Corporation, a like amount of junior
subordinated debentures of the Corporation, and guarantees by the Corporation of
the above-referenced preferred securities with the Securities and Exchange
Commission, and to sign any and all amendments (including post-effective
amendments) to the Registration Statement, and to file the same, with any
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact, and
each of them individually, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in the premises, as fully
to all intents and purposes as he might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact or either of them, or their
substitutes, may lawfully do or cause to be done by virtue hereof.

         In WITNESS WHEREOF, I the undersigned have executed this Power of
Attorney this 3rd day of January, 1997.


   
                                                /S/ WYNDHAM ROBERTSON
                                                ------------------------
                                               Signature


                                                WYNDHAM ROBERTSON
                                                ------------------------
                                                Print Name
    







                              WACHOVIA CORPORATION

                                POWER OF ATTORNEY



         KNOW ALL MEN BY THESE PRESENTS, that the undersigned director of
Wachovia Corporation (the "Corporation") does hereby make, constitute and
appoint Kenneth W. McAllister and Alice Washington Grogan, and each of them or
any one of them, his true and lawful attorney-in-fact (with full power of
substitution and resubstitution) to act for him and in his name, place and stead
in his capacity as a director of Wachovia Corporation, to file a Registration
Statement on Form S-3 or other applicable form, relating to an offering of up to
an aggregate of $300,000,000 of preferred securities by one or more Delaware
business trust subsidiaries of the Corporation, a like amount of junior
subordinated debentures of the Corporation, and guarantees by the Corporation of
the above-referenced preferred securities with the Securities and Exchange
Commission, and to sign any and all amendments (including post-effective
amendments) to the Registration Statement, and to file the same, with any
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact, and
each of them individually, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in the premises, as fully
to all intents and purposes as he might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact or either of them, or their
substitutes, may lawfully do or cause to be done by virtue hereof.

   
         In WITNESS WHEREOF, I the undersigned have executed this Power of
Attorney this 14th day of January, 1997.


                                                /S/ CHARLES MCKENZIE TAYLOR
                                                ---------------------------
                                                Signature


                                                CHARLES MCKENZIE TAYLOR
                                                ----------------------------
                                                Print Name