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SHAWMUT BANK N.A., CONNECTICUT NATIONAL BANK CUT PRIME RATE TO 6 PERCENT

SHAWMUT BANK N.A., CONNECTICUT NATIONAL BANK CUT PRIME RATE TO 6 PERCENT
 HARTFORD, Conn., July 2 /PRNewswire/ -- Shawmut National Corporation (NYSE: SNC) announced that its two principal subsidiaries, Shawmut Bank, N.A., and Connecticut National Bank, had cut the prime interest on business loans to 6 percent from 6.5 percent.
 Shawmut National Corporation is a bank holding company with $22.7 billion in assets and operates 334 branches in southern New England.
 -0- 7/2/92
 /CONTACT: Robert Guenther, 203-240-1267, or Brent DiGiorgio, 203-240-7632, of Shawmut National/
 (SNC) CO: Shawmut National Corporation ST: Connecticut IN: FIN SU:


SH -- NE013 -- 6344 07/02/92 16:52 EDT
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Publication:PR Newswire
Date:Jul 2, 1992
Words:108
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