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Iversen to Join BANC ONE CORPORATION as Director of Marketing

    COLUMBUS, Ohio, Aug. 11 /PRNewswire/ -- Kenneth T. Stevens, Chairman and
Chief Executive Officer of the Banc One Retail Group, announced today that
Brad C. Iversen has joined the Banc One Retail Group as Director of Marketing.
    Previously, he was Senior Vice President, Consumer Marketing for First
Union Corporation, headquartered in Charlotte, North Carolina.  He has an
extensive background in marketing, research and planning in the financial
services business in banks, MasterCard International and McKinsey and Company.
    Stevens said, "Brad will be responsible for establishing and executing the
marketing strategy for the Banc One Retail Group.  He will manage the
marketing and product management staffs, and will take the leadership role in
developing our national strategy while continuing to establish the brand
awareness for the bank."
    Iversen, 47, graduated with a Bachelor of Arts degree from the University
of Massachusetts in 1972 and received a M.B.A. degree from Columbia University
in 1980.
    BANC ONE CORPORATION (NYSE: ONE) had total assets of $115.5 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 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 at http://www.investquest.com or 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