COLUMBUS, Ohio, Sept. 30 /PRNewswire/ -- BANC ONE CORPORATION, (NYSE: ONE)
announced that the prime rate for all of its affiliate banks has been
decreased from 8.50% to 8.25% effective today.
BANC ONE's pending merger with First Chicago NBD, headquartered in
Chicago, is expected to be completed on October 2, 1998.
BANC ONE CORPORATION had managed total assets of $159.0 billion, total
assets of $124.0 billion, and common equity of $11.6 billion at June 30, 1998.
BANC ONE operates over 1,500 banking centers in 12 states. BANC ONE also owns
several additional corporations that engage in a full range of financial
services. Information about BANC ONE's financial results and its products and
services can be accessed on the Internet at: http://www.bankone.com; through
InvestQuest at: http://www.investquest.com; or through Fax-on-demand at:
614-844-3860.
SOURCE Banc One Corporation
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Related links:
http://www.bankone.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 084675
CONTACT:
Holly Hobson, 614-248-1280, or John A.
Russell, 614-248-5989, both of Banc One
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