The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Wednesday, November 2, 1994            TAG: 9411020499
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: (Staff)
                                             LENGTH: Short :   21 lines

FIRST UNION CORP. COMPLETES ACQUISITION OF HOME FEDERAL SAVINGS BANK<

First Union Corp. completed its previously announced acquisition of Washington, D.C.-based Home Federal Savings Bank. Home Federal had $232 million in assets and $204 million in deposits as of June 30. It operates six bank branches in Washington and a mortgage office in Annandale, Va. Home Federal became part of First Union National Bank of Washington, D.C., a subsidiary of First Union Corp. Nationally, First Union Corp. is the ninth-largest banking company, with about $74 billion in assets and 1,300 branches in seven states and Washington. by CNB