NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0147 Dated August 12, 1996       Rule 424(b)(2)     
(To Prospectus dated November 24, 1995 and              File number: 33-63097
Prospectus Supplement dated January 10, 1996)          


Subordinated Medium-Term Notes, Series E                     
Due Nine Months or More From Date of Issue                   
Fixed Rate Notes     


Principal Amount:                                    $  10,000,000.00
Issue Price:                             100.000%    $  10,000,000.00
Commission or Discount:                    1.750%    $     175,000.00         
Proceeds to Company:                      98.250%    $   9,825,000.00

Agent:                            Prudential Securities, Inc., as Principal
                                                                           

Original Issue Date:              August 22, 1996      

Stated Maturity Date:             August 22, 2011      

Cusip #:                          63858S-AT-6    
Form:                             Book entry only         


Interest Rate:                    7.400% Fixed                 

Interest Payment Dates:           22nd of each month, commencing on  
                                  September 22, 1996                 


Discount Note?                                                   No  
May the Notes be redeemed by the Company prior to maturity?      Yes   

The notes will be subject to redemption at the option of the Company, 
in whole, on the Interest Payment Date occurring August 22, 2000 and 
each Interest Payment Date occurring in February or August thereafter 
at a redemption price equal to 100% of the principal amount of the 
Notes, plus accrued interest thereon, if any, upon at least 30 calendar
days prior notice.                                         


May the notes be repaid prior to maturity at the option of         
the holder?                                                      No           

Interest rates offered by the Company with respect to offerings of 
medium term notes may differ depending upon, among other things, the 
aggregate principal amount of the such notes purchased in any single 
transaction.