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NORWEST INTRODUCES MOST EXTENSIVE FREE CHECKING SERVICE EVER IN MINNESOTA

 NORWEST INTRODUCES MOST EXTENSIVE FREE CHECKING SERVICE
 EVER IN MINNESOTA
 MINNEAPOLIS, Aug. 7 /PRNewswire/ -- Norwest Banks Minnesota, N.A., will introduce the most widely available free checking product ever offered in the Twin Cities and throughout Minnesota beginning Aug. 8, it was announced today.
 Norwest Free Checking requires no minimum balance, has no monthly service charge and no per check charge and offers Norwest customers unlimited, free use of any of Norwest's INSTANT CASH automated teller machines (ATMs). Customers also receive a free first order of 150 duplicate checks.
 "We call this 'Unbelievable Checking' because it is the best free checking product ever made available to banking customers in our state," said Dan Saklad, Norwest executive vice president, who is in charge of North Central Community Banking.
 Saklad said customers will benefit from the convenience of free 24-hour phone banking service, access to more offices than any other Minnesota bank and access to more than 325 INSTANT CASH ATMs in the Twin Cities metropolitan area alone, more than 500 INSTANT CASH ATMs throughout Minnesota and hundreds of other ATMs throughout a 13-state area.
 With Norwest Free Checking, customers can save up to $100 and more each year in monthly service and per-check charges they would pay for other types of checking accounts requiring a minimum balance.
 "Norwest now has a line of checking products to meet the needs of a full range of customers," Saklad said. In addition to Norwest Free Checking, Norwest will offer Norwest Interest Plus Checking, the Norwest Advantage Account, the Norwest Advantage Plus Account and Norwest 55 Checking for people age 55 and older.
 "Norwest Free Checking will help build strong customer relationships," Saklad said. "These are potential customers for the wide variety of other Norwest banking, insurance and investment products, including mortgages and other loans."
 Norwest Bank Minnesota, N.A., with $11 billion in assets and 74 locations in the Twin Cities, is the largest banking affiliate of Norwest Corporation. Norwest Corporation has $40.6 billion in assets and provides banking, insurance, investments and other financial services through 1,725 offices in 49 states and internationally.
 -0- 8/7/92
 /CONTACT: Patrice Vick of Norwest, 612-667-0148/
 (NOB) CO: Norwest Bank Minnesota, N.A.; Norwest Corporation ST: Minnesota IN: FIN SU: PDT


AL -- MN005 -- 8001 08/07/92 11:48 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 7, 1992
Words:385
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