As filed with the Securities and Exchange Commission
                                        
                       SECURITIES AND EXCHANGE COMMISSION
                                        
                             WASHINGTON, D.C. 20549
                                        
                       ___________________________________
                                        
                                    FORM 8-K
                                        
                                 CURRANT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                                        
                Date of Report (Date of earliest event reported):
                                  June 28, 1997
                                        
                             NATIONSBANK CORPORATION
             (Exact name of registrant as specified in its charter)
                                        
                                 North Carolina
         (State or other jurisdiction of incorporation or organization)
                                        
                                     1-6523
                            (Commission File Number)
                                        
                                   56-0906609
                        (IRS Employer Identification No.)
                                        
                          NationsBank Corporate Center
                            Charlotte, North Carolina
                    (Address of principal executive offices)
                                        
                                      28255
                                   (Zip Code)
                                        
                                 (704) 386-5000
              (Registrant's telephone number, including area code)
     ITEM 5.   OTHER EVENTS.

       On   June   28,  1997,  NationsBank  Corporation,  the  registrant   (the
"Registrant"),   entered  into  an  Agreement  and  Plan  of  Acquisition   (the
"Agreement")  by  and  among  Mongomery Securities ("Montgomery"),  The  Pyramid
Company  and  the  Registrant  pursuant to which  the  Registrant  will  acquire
Montgomery  (the  "Acquisition").  Pursuant to the terms of the  Agreement,  the
Registrant  will  pay $1.2 billion in the Acquisition, in a  combination  of  70
percent  cash  and  30  percent  unregistered shares  of  common  stock  of  the
Registrant.  As part of the Agreement, the Registrant will create a $100 million
pool  for the long-term retention of key Montgomery non-partner personnel.   The
pool  will be funded fifty percent by options to purchase shares of common stock
of  the Registrant and fifty percent by cash.  The Acquisition, which is subject
to regulatory approvals, is expected to close in the fourth quarter of 1997.

     ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  Exhibits.

          The following exhibits are filed herewith:

     EXHIBIT NO.         DESCRIPTION OF EXHIBIT

     99.1           Press Release dated June 30, 1997 with respect to  the
                    Registrant's acquisition of Montgomery Securities.



                                   SIGNATURES
                                        
      Pursuant  to the requirements of the Securities Exchange Act of 1934,  the
Registrant  has  duly  caused this report to be signed  on  its  behalf  by  the
undersigned hereunto duly authorized.

                                   NATIONSBANK CORPORATION


                                   By:  /s/  CHARLES M. BERGER
                                      Charles M. Berger
                                      Associate General Counsel


Dated:  July 9, 1997



                                  EXHIBIT INDEX

     EXHIBIT NO.         DESCRIPTION OF EXHIBIT

                    99.1  Press Release dated June 30, 1997 with respect to  the
                    Registrant's acquisition of Montgomery Securities.