PROSPECTUS SUPPLEMENT
        to

PROSPECTUS dated November 3, 1993
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CITICORP
Dividend Reinvestment and Common Stock Purchase Plan
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      On April 19, 1994, Citicorp resumed the payment of quarterly
cash dividends on its Common
Stock.

      On January 18, 1995, Citicorp modified the terms of its
Dividend Reinvestment and Common
Stock Purchase Plan (the "Plan") to reset the discount from the
Market Price (as defined in the Plan)
applicable to shares purchased upon the investment of optional cash
deposits or the reinvestment of
cash dividends to 0%.  This new discount rate applies to the
investment of all optional cash deposits
received after February 28, 1995 and invested on any Investment
Date after March 17, 1995 and to
the reinvestment of all cash dividends payable after February 28,
1995.

      Citicorp has not recently granted nor does Citicorp expect to
grant waivers permitting
Participants to make optional cash deposits in excess of $5,000. 
See Question 18 for more
information concerning limitations on amounts that may be invested
pursuant to the optional cash
deposit feature of the Plan.

      Transactions involving sales of shares on
behalf of participants will be conducted through one or more agents
independent of Citicorp, as
described in Question 28.

      As of the date hereof, 12,074,440 shares of Common Stock have
been registered and remain available for sale under the Plan. 




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The date of this Prospectus Supplement is January 18, 1995.