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Atwater to be Named Treasurer of BANC ONE CORPORATION

    COLUMBUS, Ohio, June 3 /PRNewswire/ -- Peter W. Atwater will be named
Treasurer of BANC ONE CORPORATION (NYSE: ONE) upon completion of the merger of
First USA, Inc. and BANC ONE.  He will have responsibility for Liability
Management, Liquidity, and Capital Management at BANC ONE CORPORATION, it was
announced by Michael J. McMennamin, Executive Vice President of BANC ONE
CORPORATION.
    Atwater has been serving as Executive Vice President and Treasurer of
First USA, Inc. for the past year.  At First USA, he was responsible for on-
and off-balance funding, capital management, liquidity, and hedging.  Prior to
that, he was with J.P. Morgan where he was Managing Director and head of the
Asset Finance Group.
    "Peter Atwater, with his financial management expertise in liquidity
management and securitizations, will be a significant addition to BANC ONE's
management team," said BANC ONE's Executive Vice President McMennamin.
Atwater, 36, holds a BA degree in economics from the College of William and
Mary in Virginia, where he was elected Phi Beta Kappa.
    BANC ONE CORPORATION had assets of $101.6 billion and common equity of
$8.2 billion at March 31, 1997.  BANC ONE now operates 1,502 banking offices
in Arizona, Colorado, Illinois, Indiana, Kentucky, Louisiana, Ohio, Oklahoma,
Texas, Utah, West Virginia and Wisconsin.  BANC ONE also owns several
additional corporation that engage in credit card and merchant processing,
consumer finance, mortgage banking, insurance, venture capital, investment and
merchant banking, trust, brokerage, investment management, equipment leasing
and data processing.
    Information about BANC ONE's financial results and its products and
services can be accessed on the Internet at:  http://www.bankone.com and
through InvestQuest(TM) at http://www.investquest.com or Fax-on-demand:
614-844-3860.


SOURCE BANC ONE CORPORATION




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CONTACT:
John Russell, 614-248-5989, or Johanna White,
614-248-5481, both of BANC ONE