<ARTICLE>                                            9
<CIK>                         0000774203
<NAME>                        Wachovia Third Quarter 1998
<MULTIPLIER>                                   1,000                   
<CURRENCY>                                     U.S. Dollars 
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1998          
<PERIOD-START>                                 JAN-01-1998
<PERIOD-END>                                   SEP-30-1998
<EXCHANGE-RATE>                                         1
<CASH>                                          2,967,037
<INT-BEARING-DEPOSITS>                            156,518
<FED-FUNDS-SOLD>                                  610,500
<TRADING-ASSETS>                                1,172,683
<INVESTMENTS-HELD-FOR-SALE>                     9,075,416<F1>
<INVESTMENTS-CARRYING>                          1,520,584
<INVESTMENTS-MARKET>                            1,593,178
<LOANS>                                        45,628,716
<ALLOWANCE>                                       547,686
<TOTAL-ASSETS>                                 65,574,008
<DEPOSITS>                                     38,807,144
<SHORT-TERM>                                   12,775,569
<LIABILITIES-OTHER>                             2,282,979
<LONG-TERM>                                     6,479,125
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                        1,013,756
<OTHER-SE>                                      4,215,435
<TOTAL-LIABILITIES-AND-EQUITY>                 65,574,008
<INTEREST-LOAN>                                 2,879,408
<INTEREST-INVEST>                                 545,282
<INTEREST-OTHER>                                   64,363
<INTEREST-TOTAL>                                3,489,053
<INTEREST-DEPOSIT>                              1,032,458
<INTEREST-EXPENSE>                              1,747,770
<INTEREST-INCOME-NET>                           1,741,283
<LOAN-LOSSES>                                     215,376
<SECURITIES-GAINS>                                 13,035
<EXPENSE-OTHER>                                 1,503,646
<INCOME-PRETAX>                                   944,603
<INCOME-PRE-EXTRAORDINARY>                        632,604
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                      632,604
<EPS-PRIMARY>                                        3.07<F2>
<EPS-DILUTED>                                        3.01
<YIELD-ACTUAL>                                       4.23
<LOANS-NON>                                       144,654
<LOANS-PAST>                                      119,034
<LOANS-TROUBLED>                                        0
<LOANS-PROBLEM>                                         0
<ALLOWANCE-OPEN>                                  544,723
<CHARGE-OFFS>                                     259,414
<RECOVERIES>                                       44,388
<ALLOWANCE-CLOSE>                                 547,686
<ALLOWANCE-DOMESTIC>                                    0
<ALLOWANCE-FOREIGN>                                     0
<ALLOWANCE-UNALLOCATED>                                 0
        
<FN>
<F1> INVESTMENTS-AVAILABLE-EQUITY
<F2> EPS-BASIC
</FN>