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Banc One Mortgage Corporation Opens New Mortgage Loan Office in Bellevue, Washington

    BELLEVUE, Wa., April 25 /PRNewswire/ -- Banc One Mortgage Corporation has
opened its newest office in Bellevue, Washington.  The new Banc One Mortgage
office is located at 10500 NE 8th St., Suite 625 and will be managed by Larry
Jansen.  This office will also house the Northwest Regional headquarters
operated by Bob Mastrandrea and Kari Freeman.
    Bob Mastrandrea, Northwest Regional Sales Manager of Banc One Mortgage,
said that, "This office will be the hub for our expansion into the Northwest.
As area manager, Larry Jansen brings with him over 20 years of mortgage
lending experience, the last 10 years in the Puget Sound region."  The
Bellevue location will be the largest production branch in the Region housing
18 employees when fully operational.
    Banc One Mortgage recently opened another office in the Northwest in
Spokane, Washington.  The two locations represent Banc One Mortgage's initial
commitment to a significant presence in the mortgage lending marketplace in
the region.
    Banc One Mortgage, headquartered in Indianapolis, Indiana, is a subsidiary
of BANC ONE CORPORATION (NYSE: ONE) which had assets of $101.6 billion in
assets and common equity of $8.2 billion as of March 31, 1997.  Banc One
Mortgage Corporation operates more than 200 offices in sixteen states. In
1996, Banc One Mortgage Corporation reported origination volume of more than
$3.2 billion and $24 billion in servicing volume.


SOURCE Banc One Mortgage Corporation




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CONTACT:
Bob Mastrandrea of Banc One Mortgage
Corporation, 206-646-2811