CITICORP
424B2, 1996-06-07
NATIONAL COMMERCIAL BANKS
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                                                     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 June 5, 1996
     (To Prospectus Supplement,dated August7, 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:               7.60% Subordinated Fixed Rate Notes Due
                              June 15, 2011 (the "Notes").
Aggregate
Principal Amount:             $10,000,000.00.

Price to Public:              100.00%

Issue Date:                   June 14, 1996.

Stated Maturity:              June 15, 2011.

Interest Rate:                7.60% per annum.

Interest Payment Dates:       Monthly on the 15th day of each month, commencing
                              July 15, 1996, and at Stated Maturity.

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

Sinking Fund:                 None.

Redemption:                   The Notes are subject to redemption, only in
                              whole but not in part, at the option of
                              Citicorp, on not more than 60 or less than 30
                              days' notice, on any Interest Payment Date
                              occurring in June or December commencing on
                              June 15, 1999, at a redemption price of 100%
                              of their principal amount plus accrued and
                              unpaid interest to the redemption date.

Selling Agent:                Goldman, Sachs & Co.

Agent's Discount
 or Commission:               3.000%.

Minimum Denomination:         $1,000.

CUSIP Number:                 17303 MFJ 3.


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