Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: September 14, 1998


For immediate release

The Federal Reserve Board today announced its approval of the proposal of Banc One Corporation, Columbus, Ohio, to merge with First Chicago NBD Corporation, Chicago, Illinois ("First Chicago"). The resulting bank holding company would be named Bank One Corporation ("New Bank One") and would acquire control of all of First Chicago's bank, nonbank, and foreign subsidiaries.

Attached is the Board's Order (176 KB PDF) relating to this action.

1998 Orders on banking applications


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Last update: September 14, 1998, 5:30 PM