Printer Friendly

BANK ONE, MIDDLETOWN CONSOLIDATES WITH BANK ONE, CINCINNATI, NA

 BANK ONE, MIDDLETOWN CONSOLIDATES WITH
 BANK ONE, CINCINNATI, NA
 COLUMBUS, Ohio, May 22 /PRNewswire/ -- Bank One, Middletown is consolidating with Bank One, Cincinnati, NA as of May 23, 1992, it was announced by Donald L. McWhorter, president of BANC ONE CORPORATION (NYSE: ONE). With the consolidation completed, Bank One, Cincinnati, NA will have assets in excess of $914 million.
 "The two BANC ONE affiliates, which had served adjacent and partially overlapping markets, will through consolidation be able to enhance customer service and serve the market more effectively," explained Gerald R. Francis, chairman and chief executive officer of Bank One, Cincinnati. With the consolidation completed, Bank One, Cincinnati will have 37 banking offices serving Brown, Butler, Clermont and Hamilton counties.
 In addition, Bank One, Cincinnati, NA announced in February 1992 it had signed a definitive agreement to purchase certain assets and assume the deposits of four Savings of America offices in the greater-Cincinnati area. The offices are located in Fairfield, Hamilton, Ross and Franklin, Ohio. Thomas R. Weatherwax, president and chief operating officer of Bank One, Cincinnati, said, "We are delighted that these four offices, with approximately $95 million in deposits, will become branches of Bank One, Cincinnati, bringing the bank's total assets to more than $1 billion." The transaction is subject to regulatory approval, and it expected to be completed during the second half of 1992.
 Bank One, Cincinnati, NA is an affiliate of BANC ONE CORPORATION, which had assets of $48.7 billion as of March 31, 1992, and total equity of $4.2 billion. BANC ONE operates 56 banks with 869 offices in Illinois, Indiana, Kentucky, Michigan, Ohio, Texas and Wisconsin. BANC ONE CORPORATION also operates several additional corporations that engage in data processing, venture capital, investment and merchant banking, trust, brokerage, equipment leasing, mortgage banking, consumer finance and insurance.
 -0- 5/22/92
 /CONTACT: Bill Schumer, 513-576-2249, or Johanna White, 614-248-5481, both of Bank One/ CO: Bank One ST: Ohio IN: FIN SU: TNM


BM -- CL012 -- 3418 05/22/92 15:40 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 22, 1992
Words:336
Previous Article:'COLUMBUS: ENCOUNTER, DISCOVERY AND BEYOND' (AN INTERACTIVE MULTIMEDIA EXPERIENCE ON CD-ROM) WILL BE PRESENTED BY CREATOR/PRODUCER ROBERT ABEL
Next Article:CHIQUITA ANNOUNCES FIRST QUARTER EARNINGS
Topics:


Related Articles
BANK ONE, WAPAKONETA CONSOLIDATES WITH BANK ONE, LIMA
BANC ONE TO PURCHASE FOUR SAVINGS OF AMERICA OFFICES
COMERICA BANK & MANUFACTURERS BANK TO CONSOLIDATE OVERLAPPING BRANCHES, WILL MAINTAIN 191 BRANCHES IN TRI-COUNTY AREA
FIRST SECURITY CORPORATION OF KENTUCKY JOINS BANC ONE CORPORATION
BANK ONE, BLOOMINGTON TO ACQUIRE BEDFORD NATIONAL BANK
BANC ONE TO COMPLETE AFFILIATION OF LIBERTY NATIONAL
FIRST FIDELITY WILL CONSOLIDATE NEW YORK UNIT INTO N.J.-PA. BANK
NATIONSBANK ANNOUNCES AGREEMENT TO PURCHASE CONSOLIDATED BANK, N.A.
FIFTH THIRD BANK ANNOUNCES LEBANON, OHIO EXPANSION
Wachovia Receives Regulatory Approval To Merge Bank Subsidiaries

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters