Pricing Supplement No.62 Dated August 10, 1995 Rule 424(b)(2)
(To Prospectus dated February 15, 1994 and File No. 33-57104
Prospectus Supplement dated February 15, 1994)
CHEMICAL BANKING CORPORATION
[X] Senior Medium -Term Notes, Series C Due From Nine
Months to Thirty Years from Date of Issue
[ ] Subordinated Medium Term Notes , Series A Due From
Nine Months to Thirty Years from Date of Issue
Principal Amount: $10,000,000
Issue Price: 100%
Commission or Discount: ($0.00)
Proceeds to Company: ($10,000,000.00)
Agent: CSI
Agent's Capacity: [x] As agent [ ] As principal
If as principal
[ ] The Notes are being offered at varying prices to
prevailing market prices at the time of sale
[ ] The Notes are being offered at a fixed initial public
offering price equal to the Issue Price (as a
percentage of Principal Amount).
Original Issue Date: AUGUST 10, 1995
Stated Maturity: AUGUST 10, 2005
Form: [X] Book-entry [ ] Certificated
Currency: U.S. Dollars
[] Fixed Rate Note:
Interest Rate:
[X]Floating Rate Note: CD[ ] Commercial Paper Rate [ ]
Federal Fund Effective Rate [ ]
LIBOR Telerate [X] LIBOR Reuter [ ]
Treasury Rate [ ] Prime Rate [ ]
Initial Interest Rate:6.32891%
Int.Determ.Dates :08/08/95; 02/08/96; 08/08/96; 02/06/97;
0084/07/97; 02/06/98.
Interest Payment Dates: 02/12/96; 08/12/96; 02/10/97; 08/11/97;
02/10/98; 08/10/98. FIXED PAYS 10TH OF AUG.
STARTING 1999
FIXED 8.00%
Index Maturity: 6 MONTH
Spread (+/-): +.45
Spread Multiplier:N/A
Maximum Interest Rate:N/A
Minimum Interest Rate: N/A
CALLABLE 8/10/98 with 10 Business Days Prior Notice
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices:
