FIRST CHICAGO NBD CORP
424B3, 1996-06-03
NATIONAL COMMERCIAL BANKS
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Pricing Supplement No. 4 Dated June 3, 1996 Filed Pursuant to: Rule 424(b)(3)
(To Prospectus dated February 1, 1996 and                  File No.: 33-65431 
Prospectus Supplement dated March 28, 1996)

                         FIRST CHICAGO NBD CORPORATION
                          MEDIUM-TERM NOTES, SERIES G


<TABLE> 
<CAPTION> 

<S>                             <C>              <C>                            <C> 
Date of Issue: June 5, 1996     [_]Fixed Rate    [_]Commercial Paper Rate Note  [_]LIBOR Reuters
                                [X]Senior        [_]Federal Funds Rate Note     [X]LIBOR Telerate
Maturity Date: June 4, 1999     [_]Subordinated  [_]CD Rate Note                [_]Prime Rate Note
                                                 [_]CMT Rate Note               [_]Treasury Rate Note
                                                 [_]LIBOR Note        

</TABLE> 

Principal Amount: $20,000,000.00

Issue Price (As a Percentage of Principal Amount): 100%

Interest Rate/Initial Interest Rate: Not Available

Interest Payment Dates: 4th day of March, June, September and December of each
                        year

Interest Reset Dates:  4th day of March, June, September and December of each
                       year

Index Maturity or Designated CMT Maturity Index: 90 days

Spread: +7 basis points

Spread Multiplier: None

Minimum Interest Rate: None

Maximum Interest Rate: None

Interest Payment Period: June 5, 1996 to September 4, 1996 and quarterly 
                         thereafter, up to but excluding the interest payment
                         date

Interest Rate Reset Period: June 5, 1996 to September 4, 1996 and quarterly
                            thereafter, up to but excluding the interest payment
                            date

Redemption Date(s) or Period: None

Optional Repayment Date(s): None

Calculation Agent (If Applicable): The First National Bank of Chicago


Additional Terms:

This Pricing Supplement may be used by First Chicago Capital Markets, Inc. 
("FCCM"), a wholly owned subsidiary of the issuer, in connection with offer and 
sales related to secondary market transactions in the Notes. FCCM may act as 
principal or agent in such transactions. Such sales will be made at prices 
related to the prevailing market prices at the time of sale.


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