THIS PAPER DOCUMENT IS BEING SUBMITTED PURSUANT TO
RULE 901 (d) OF REGULATION S-T


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 14)*


First Charter Corporation
(Name of Issuer)

Common Stock, No Par Value per share
(Title of Class of Securities)

319439105
(CUSIP Number)


Check the following box if a fee is being paid with this
Statement []. A fee is not required only if the filing
person:(1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class
of securities described in Item 1; and(2) has filed no
amendment subsequent thereto reporting beneficial ownership
of five percent or less of such class.)(See Rule 13d-7.)

*The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with
respect to the subject class of securities, and for any
subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover
page shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the
Act (however, see the Notes).


(Continued on the following page(s))
Page 1 of 5 Pages


Page 2 of 5
CUSIP NO.     319439105


(1) Names of Reporting Persons S.S. or I.R.S.
Identification Nos. of Above Persons:

First Union Corporation	56-0898180

(2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)[ ]
(b)[ ]

(3)SEC Use Only

(4) Citizenship or Place of Organization:

North Carolina


Number of Shares Beneficially Owned by Each Reporting
Person with:

(5)	Sole Voting Power 	       	406,310
(6)	Shared Voting Power	      	      0
(7)	Sole Dispositive Power		    64,255
(8)	Shared Dispositive Power	  346,828

(9)Aggregate Amount Beneficially Owned by Each Reporting
Person

4,113,340

(10)Check if the Aggregate Amount in Row 9 Excludes
Certain Shares (See Instructions)

[ ]

(11)	Percent of Class Represented by Amount in Row 9

2.23% (based on 18,442,202 shares outstanding on 12/31/98)

(12)	Type of Reporting Person (See Instructions)

First Union Corporation (HC)


Page 3 of 5
Item 1(a) Name of Issuer:

First Charter Corporation

Item 1(b) Address of Issuer's Principal Executive Offices:

22 Union Street
North Concord, NC  28026-0228

Item 2(a) Name of Person Filing:

First Union Corporation

Item 2(b) Address of Principal Business Office:

One First Union Center
Charlotte, North Carolina 28288-0137

Item 2(c) Citizenship:

North Carolina

Item 2(d) Title of Class of Securities:

Common Stock, No Par Value per share

Item 2(e) CUSIP Number:

319439105

Item 3 If this statement is filed pursuant to Rules 13d-1
(b), or 13d-2(b), check whether the person filing is a:

(g)[X]Parent Holding Company, in accordance with section
240.13d-1(b) (ii) (G)

Item 4		Ownership.

(a) Amount Beneficially Owned: 	4,113,340
(b) Percent of Class: 			          2.23 %

Number of shares as to which such person has:
(i) 	sole power to vote or to direct the vote 		              406,310
(ii) 	shared power to vote or to direct the vote 		                 0
(iii) sole power to dispose or to direct the disposition of			 64,255
(iv) 	shared power to dispose or to direct the disposition of	346,828


Page 4 of 5

Item 5 Ownership of Five Percent or Less of a Class.

X

Item 6 Ownership of More Than Five Percent on Behalf of
Another Person.

Not applicable

Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent
Holding Company.

First Union Corporation is filing this schedule pursuant to Rule
13d-1(b)(ii)(G) as indicated under Item 3(g).  The relevant
subsidiaries are Wheat First Securities, Inc. (IA) and First Union
National Bank (BK). Wheat First Securities, Inc. is an investment 
advisor for mutual funds and other clients; the securities reported by 
this subsidiary are beneficially owned by such mutual funds or other 
clients.  The other First Union entity listed above holds the 
securities reported in a fiduciary capacity for their respective 
customers.

Item 8 Identification and Classification of Members of the
Group.

Not applicable

Item 9 Notice of Dissolution of Group.

Not applicable

Item 10	Certification.

By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired
for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities
and were not acquired in connection with or as a
participant in any transaction having such purposes or
effect.



Page 5 of 5
Signature.

After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.

FIRST UNION CORPORATION 

February 11, 1999  
Date



Signature

Karen F. Knudtsen, Assistant Vice President & Compliance
Officer