CITICORP
424B5, 1995-05-05
NATIONAL COMMERCIAL BANKS
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Filed pursuant to
Rule 424(b)(5)
Registration No. 33-64574

                         CITICORP
                    U.S. $5,000,000,000
         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 May 3, 1995
     (To Prospectus Supplement, dated January 26, 1995;
     to Prospectus, dated January 26, 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.

     Interest rates offered by Citicorp with respect to the Notes
may differ depending upon, among other things, the aggregate
principal amount of Notes purchased in any single transaction.
<TABLE>
<CAPTION>
SUMMARY OF TERMS:
<S>                           <C>
Title of Notes:                    8.00% Subordinated Fixed-Rate
                                   Notes Due May 10, 2010 (the
                                   "Notes").
Aggregate
  Principal Amount:           $25,000,000.00.

Price to Public:              Offered at varying prices
                              relating to prevailing market
                              prices at the time of resale.

Issue Date:                   May 15, 1995.  

Stated Maturity Date:              May 15, 2010.

Interest Rate:                8.00% per annum.

Interest Payment Dates:       Monthly on the 15th of each
                              month, commencing on June 15,
                              1995, and on the Stated
                              Maturity Date.

Regular Record Dates:              The first Market Day of each
                                   month, commencing on June 1,
                                   1995.

Sinking Fund:                 None.

Redemption:                   The Notes are subject to
                              redemption at the option of
                              Citicorp, on not more than 60
                              or less than 30 days' notice,
                              on any Interest Payment Date
                              occuring in May or November, at
                              any time on or after May 15,
                              2000, at a redemption price of
                              100% of their principal amount
                              plus accrued and unpaid
                              interest to the redemption
                              date.

Selling Agent:                Merrill Lynch & Co., as
                              Principal.

Agent's Discount:             2.00%.

Minimum Denomination:              $1,000.
</TABLE>


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