COLUMBUS, Ohio, March 26 /PRNewswire/ -- Banc One Corporation, (NYSE: ONE)
reported today that it has completed the charter and systems consolidation of
its eight affiliate banks throughout Indiana. The new single charter
organization is known statewide as Bank One, Indiana, NA and is headquartered
in Indianapolis.
Single statewide charters provide customers with full service access and
streamline operations within each state. The remaining charters in Ohio will
be consolidated in May 1997.
Banc One Corporation had assets of $101.8 billion and common equity of
$8.4 billion at December 31, 1996. Banc One operates 1,502 offices in
Arizona, Colorado, Illinois, Indiana, Kentucky, Louisiana, Ohio, Oklahoma,
Texas, Utah, West Virginia and Wisconsin. 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 or 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 Corporation
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