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Banc One Mortgage Corporation Opens New Mortgage Loan Office In Portland, Oregon

    PORTLAND, Ore., May 15 /PRNewswire/ -- Banc One Mortgage Corporation has
opened its newest office in Portland, Oregon.  The new Banc One Mortgage
office is located at 5285 S.W. Meadows Road, Suite 487 and will be managed by
Bonnie Fletcher.
    Bob Mastrandrea, Northwest Regional Sales Manager of Banc One Mortgage,
said that, "This is the beginning of our expansion into the Northwest.  Bonnie
Fletcher brings with her more than 25 years of experience in mortgage lending
with the last 10 years in the Portland marketplace.  The new mortgage loan
office will be an important addition to Banc One's expansion."
    Banc One Mortgage recently opened two other offices in the Northwest, one
in Bellevue, Washington and one in Spokane, Washington.  The three locations
represent Banc One's initial commitment to a significant presence in the
mortgage lending marketplace of the region.
    Banc One Mortgage Corporation, headquartered in Indianapolis, Indiana, is
a subsidiary of BANC ONE CORPORATION (NYSE: ONE) which had assets of $101.6
billion and common equity of $8.2 billion at March 31, 1997.  Banc One
Mortgage Corporation operates more than 200 offices in 16 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