COLUMBUS, Ohio, July 15 /PRNewswire/ -- John B. McCoy, Chairman and Chief
Executive Officer of BANC ONE CORPORATION, Columbus, Ohio (NYSE: ONE)
announced that the Corporation's Board of Directors declared a third quarter
cash dividend of $.38 per share on BANC ONE Common Stock which is payable on
September 30, 1997 to shareholders of record as of September 15, 1997.
BANC ONE's Board of Directors also declared a cash dividend of $.875 per
share on shares of BANC ONE Series C Convertible Preferred Stock. This
dividend is payable on September 30, 1997 to shareholders of record as of
September 15, 1997.
BANC ONE CORPORATION had managed total assets of $140.7 billion and common
equity of $9.7 billion at June 30, 1997. BANC ONE currently operates
approximately 1,500 offices in 12 states. BANC ONE owns First USA, a
financial services company specializing in the credit card business and is
currently the third largest among domestic Visa and MasterCard issuers. 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 and through InvestQuest(TM) at
http://www.investquest.com or Fax-on-demand: 614-844-3860
First USA maintains a site on the World Wide Web at
http://www.firstusa.com.
SOURCE BANC ONE CORPORATION
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CONTACT:
Jacqueline R. Spak, 614-248-1280, Jay S.
Gould, 614-248-0189, or John A. Russell, 614-248-5989, all of
BANC ONE
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