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NEBRASKA CAPITAL CORPORATION TO JOIN BANC ONE CORPORATION

 COLUMBUS, Ohio, Sept. 24 /PRNewswire/ -- Banc One Corporation (NYSE: ONE) and Nebraska Capital Corporation, a single-bank holding company operating Havelock Bank in Lincoln, Neb., jointly announced today that they have signed a letter of intent for the affiliation of Nebraska Capital Corporation with Banc One. The announcement was made by John B. McCoy, chairman and chief executive officer of Banc One, and Terry King, chairman of Nebraska Capital Corporation. Nebraska Capital Corporation has assets of $95 million and operates four offices of the Havelock Bank in Lincoln, Neb.
 The affiliation of Nebraska Capital Corporation is dependent on completion of a definitive agreement, due diligence and completion of the affiliation of FirsTier Financial with Banc One. Anticipated closing is expected to be in the second quarter of 1994, and terms of the agreement were not disclosed.
 Terry King, chairman and chief executive officer of Nebraska Capital Corporation, said, "We are delighted to become part of the growing Banc One family. We consider Banc One to be the premier banking organization in the country."
 McCoy said, "We are pleased to have an opportunity to expand our future presence in Nebraska with such a fine financial organization."
 Banc One Corporation had assets of $75.5 billion and common equity of $6.3 billion as of June 30, 1993. Banc One now operates 78 banks with 1,320 offices in Arizona, California, Colorado, Illinois, Indiana, Kentucky, Michigan, Ohio, Texas, Utah, West Virginia and Wisconsin. Banc One Corporation also operates several additional corporations that engage in data processing, venture capital, investment and merchant banking, trust, brokerage, investment management, equipment leasing, mortgage banking, consumer finance and insurance.
 -0- 9/24/93
 /CONTACT: Terry King of Nebraska Capital, 402-434-3100; David F. Griebel of FirsTier Financial, 402-348-6465; or John A. Russell of Banc One, 614-248-5989/
 (ONE)


CO: Banc One Corporation; Nebraska Capital Corporation ST: Ohio, Nebraska IN: FIN SU: TNM

BM-KL -- CL012 -- 5549 09/24/93 16:28 EDT
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Publication:PR Newswire
Date:Sep 24, 1993
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