Bank One Lowers Prime Rate to 8 Percent.BATON ROUGE Baton Rouge (băt`ən r zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La.--(BUSINESS WIRE)--Oct. 16, 1998--BANK ONE
CORPORATION (NYSE NYSESee: New York Stock Exchange : ONE) has lowered the prime rate for its affiliate banks, including Bank One Louisiana Louisiana (ləwē'zēăn`ə, l ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. , N.A. from 8.25 percent to 8.00
percent effective today.
Bank One, Louisiana, N.A. is a subsidiary of BANK ONE CORPORATION, which is headquartered in Chicago and is the nation's fifth-largest bank holding company with assets of more than $240 billion. BANK ONE has more than 2,000 offices in 14 states, including nearly 350 in Texas, Louisiana and Oklahoma. It is a major corporate bank nationally and in selected international markets in 11 foreign countries, the nation's second-largest credit card company, the leading retail bank in eight states, the leading business bank in the Midwest and Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). , and the third-largest bank mutual fund company. |
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