Edition: U.S. / Global

Best Little Bank? Or Banc?

Published: July 14, 1991

To the Editor:

Your article ("The Best Little Bank in America," June 30) did not answer an interesting question about Banc One: Why our name seems to keep getting misspelled in that it appears as Bank One and Banc One. The reason is that Ohio law only permits operating banks to use the word "bank" in their names. Holding companies, which own banks but do not operate as a bank, must use "banc." Therefore our operating banks are called Bank One. Our holding companies and other subsidiaries are called Banc One. JOHN A. RUSSELL Columbus, Ohio, July 10 The author is a vice president of the Banc One Corporation.