COLUMBUS, Ohio, March 25 /PRNewswire/ -- Banc One Corporation,
(NYSE: ONE) announced that the prime rate for its affiliate banks has been
increased from 8.25% to 8.50% effective March 26, 1997.
Banc One Corporation had assets of $101.8 billion and common equity of
$8.4 billion at December 31, 1996, and operates 1,502 banking offices.
Banc One also owns several additional corporations that engage in credit card
and merchant processing, consumer and education 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 fourth quarter and full year 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:
Jay S. Gould, 614-248-0189, or John A.
Russell, 614-248-5989, both of Banc One Corporation
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