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FIRST SECURITY CORPORATION OF KENTUCKY JOINS BANC ONE CORPORATION

 FIRST SECURITY CORPORATION OF KENTUCKY JOINS
 BANC ONE CORPORATION
 COLUMBUS, Ohio, Aug. 21 /PRNewswire/ -- Banc One Corporation (NYSE: ONE) announced that it is completing the affiliation of First Security Corporation of Kentucky (NASDAQ: FSKY), which is headquartered in Lexington, Ky., as of the close of business on Aug. 21, 1992. The announcement was made by John B. McCoy, chairman and chief executive officer of Banc One Corporation.
 The new Bank One, Lexington, NA, representing the combined $1.7 billion assets of First Security and the existing Bank One, Lexington, will open for business at regular business hours on Aug. 24. Under terms of the transaction, each First Security share will be exchanged for .553003 of Banc One stock. William R. Hartman, who has been chairman and chief executive officer of First Security Corporation, becomes chairman and chief executive officer of Bank One, Lexington, NA after the affiliation is completed. William R. Guthrie, who had been president of the former Bank One, Lexington, becomes vice chairman of the bank.
 Bank One, Lexington Chairman Hartman said, "As Bank One, we will be able to more fully serve the financial needs of our communities and provide enhanced banking services." The enlarged Bank One, Lexington will include 30 banking centers in four central Kentucky counties.
 Bank One, Lexington, NA is an affiliate of Banc One Corporation which had mid-year 1992 assets of $48.4 billion and operates 56 banks with 862 offices in Indiana, Illinois, 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- 8/21/92
 /CONTACT: John Russell, 614-248-5989, Johanna White, 614-248-5481, or Brack Marquette, 606-231-2794, all of Banc One Corporation/
 (ONE FSKY) CO: Banc One Corporation ST: Ohio IN: FIN SU: TNM


BM -- CL011 -- 2294 08/21/92 17:09 EDT
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Publication:PR Newswire
Date:Aug 21, 1992
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