COLUMBUS, Ohio, Dec. 23 /PRNewswire/ -- Banc One Corporation, (NYSE: ONE)
John B. McCoy, Chairman and Chief Executive Officer of Banc One, announced
today that A. William Crowley, Jr. has been named Chief Credit Officer of Banc
One Corporation. He replaces James C. LaVelle who announced earlier this year
that he will retire as of December 31, 1996.
Crowley, 51, is currently Chief Credit Officer of Bank One, Texas, NA. He
joined Bank One in his current position in 1991. Previously, he served in
several positions in Southeast Banking Corporation, including Senior Vice
President of National Accounts, Manager of Capital Markets and Chief Credit
Officer. He is a graduate of the University of Notre Dame and holds a Masters
of Business Administration Degree from the University of Miami.
McCoy, said, "We are pleased that Bill Crowley has accepted this extremely
important role as Chief Credit Officer. He has the caliber and experience
necessary to carry out this assignment in our national financial services
company." He will assume his new responsibilities immediately and will report
to McCoy.
Banc One Corporation had assets of $98.6 billion and common equity of
$8.2 billion at September 30, 1996 and operates 1,503 banking offices. Banc
One also owns several additional corporations that engage in credit card and
merchant processing, consumer finance, mortgage banking, insurance, trust and
investment management, brokerage, investment and merchant banking, venture
capital, equipment leasing and data processing.
Information about Banc One's third quarter 1996 financial results and its
products and services can be accessed on the Internet through Banc One's home
page at: http://www.bankone.com, through InvestQuest(TM) at
http://www.investquest.com and InvestQuest(TM) Fax-on-demand: 614-844-3860.
SOURCE Banc One Corporation
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CONTACT: John A. Russell, 614-248-5989, or Johanna White, 614-248-5481, both of Banc One
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