NationsBank Corporation
Charlotte, NC 28255
Tel 704-386-5000


Pricing Supplement No. 0101 Dated November 13, 1995   Rule 424(b)(2)     
(To Prospectus dated February 24, 1995 and            File number: 33-57533
Prospectus Supplement dated February 28, 1995)             


Subordinated Medium-Term Notes, Series D                     
Due Nine Months or More From Date of Issue                   

Principal Amount:                               $  25,000,000.00
Issue Price: (See (1) below)        100.000%    $  25,000,000.00
Commission or Discount:               2.000%    $     500,000.00
Proceeds to Company:                 98.000%    $  24,500,000.00


Agent:                    Merrill Lynch & Co., as Principal     


Original Issue Date:      November 17, 1995    
Stated Maturity Date:     November 15, 2010    

Cusip #:                  63858S-AG-4    

Form:                     Book entry only         


Interest Rate:            7.020% Fixed                 

Interest Payment Dates:   15th of each month, commencing December 15, 1995
                                                                          
Discount Note?                                                No
May the Notes be redeemed by the Company prior to maturity?   Yes   11/15/99

The notes will be subject to redemption at the option of the Company, in 
whole, on the Interest Payment Date occurring November 15, 1999 and each 
Interest Payment Date occurring in November or May thereafter at a 
redemption price equal to 100% of the principal amount of the Notes upon 
at least 30 calendar days prior notice.                                    

May the notes be repaid prior to maturity at the option of the holder?   No

Interest rates offered by the Company with respect to offerings of medium 
term notes may differ depending upon, among other things, the aggregate 
principal amount of the such notes purchased in any single transaction.


(1): Notes purchased by the Agents as principal may be resold to investors 
     and other purchasers at varying prices relating to prevailing market 
     prices at the time of resale as determined by Merrill Lynch & Co..