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. 333-16189) of NationsBank Corporation of our report dated
January 12, 1996, which appears on page 46 of NationsBank Corporation's 1995
Annual Report to Shareholders, which is incorporated by reference in NationsBank
Corporation's Annual Report on Form 10-K for the year ended December 31, 1995.



/s/ Price Waterhouse LLP


PRICE WATERHOUSE LLP
Charlotte, North Carolina
January        , 1997