Filed pursuant to
                                                                  Rule 424(b)(2)
                                                       Registration No. 33-59791


                                    CITICORP
                               U.S. $7,000,000,000
                    Global Medium-Term Senior Notes, Series C
                               U.S. $1,000,000,000
                 Global Medium-Term Subordinated Notes, Series C
                Due From 9 Months to 60 Years From Date of Issue

Pricing  Supplement,  dated December 18, 1995
     (To Prospectus  Supplement, dated August 7, 1995;
     to Prospectus, dated August 7, 1995)

                              DESCRIPTION OF NOTES

         The  terms  of  the  Subordinated  Notes  set  forth  in  this  Pricing
Supplement  supplement and modify, to the extent applicable,  the description of
general  terms and  provisions  of Citicorp's  Global  Medium-Term  Subordinated
Notes,  Series  C,  set  forth in the  accompanying  Prospectus  and  Prospectus
Supplement.  Capitalized  terms  not  defined  herein  shall  have the  meanings
assigned to such terms in the accompanying Prospectus and Prospectus Supplement.


SUMMARY OF TERMS:

Title of Notes:         6.65% Subordinated Notes Due December 15, 2010 (the
                        "Notes").
Aggregate
Principal Amount:       $25,000,000.00.

Price to Public:        99.748%

Issue Date:             December 20, 1995.

Stated Maturity:        December 15, 2010.

Interest Rate:          6.65% per annum.

Interest Payment Dates: Semi-annually on the 15th day of each June and December,
                        commencing June, 1996, and at Stated Maturity.

Regular Record Dates:   The first day of the month in which each Interest
                        Payment Date occurs.

Sinking Fund:           None.

Redemption:             The Notes are not subject to redemption.

Selling Agent:          Bear, Stearns & Co. Inc.

Agent's Commission:     .280%.