EXHIBIT 23.1
                                                                  
 
               CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the
Post-Effective Amendment No. 1 on Form S-8 to the Registration
Statement on Form S-4 (Registration No. 33-62069) of NationsBank
Corporation of our report dated January 13, 1995, which appears
on page 57 of the 1994 Annual Report to Shareholders of
NationsBank Corporation, which is incorporated by reference in
NationsBank Corporation's Annual Report on Form 10-K for the year
ended December 31, 1994.



PRICE WATERHOUSE LLP
Charlotte, North Carolina
December 14, 1995