-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JFpUU40hWV7mekor5p8eaLnma9hjja699nQiUmMohqWr3yP4tiajoIScozgU/T+z imVGhXwjpVYPILVXEVN05w== 0000950131-98-005168.txt : 19980914 0000950131-98-005168.hdr.sgml : 19980914 ACCESSION NUMBER: 0000950131-98-005168 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980908 ITEM INFORMATION: FILED AS OF DATE: 19980911 SROS: CSX SROS: NYSE SROS: PCX FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST CHICAGO NBD CORP CENTRAL INDEX KEY: 0000070040 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 381984850 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07127 FILM NUMBER: 98707975 BUSINESS ADDRESS: STREET 1: ONE FIRST NATIONAL PLAZA CITY: CHICAGO STATE: IL ZIP: 60670 BUSINESS PHONE: 3127324000 MAIL ADDRESS: STREET 1: ONE FIRST NATIONAL PLAZA CITY: CHICAGO STATE: IL ZIP: 60670 FORMER COMPANY: FORMER CONFORMED NAME: NBD BANCORP INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL DETROIT CORP DATE OF NAME CHANGE: 19810522 8-K 1 FORM 8-K DATED 9/8/1998 FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) September 8, 1998 ------------------------------ First Chicago NBD Corporation - ------------------------------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-7127 38-1984850 - ------------------------------------------------------------------------------ (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) One First National Plaza, Chicago, IL 60670 - ------------------------------------------------------------------------------ (Address of principal executive offices) (ZIP Code) Registrant's telephone number, including area code 312-732-4000 ------------ Item 5. Other Events - ------ The Registrant hereby incorporates by reference the information contained in Attachments A and B hereto in response to this Item 5. Pursuant to the requirements of the Securities Exchange Act of l934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. First Chicago NBD Corporation ------------------------------ (Registrant) Date: September 11, 1998 By: /s/ M. Eileen Kennedy --------------------- ----------------------- Title: Senior Vice President and Treasurer Attachment A ------------ CHICAGO and MEMPHIS, Sept. 8, 1998 First Chicago NBD Corporation, BANC ONE CORPORATION and Union Planters Corporation announced today that Union Planters will acquire 51 NBD Bank branches and associated deposits and loans in Indiana. The sale was initiated to satisfy anti-trust regulations and includes the divestiture approved today by the U.S. Department of Justice. The proposed merger of BANC ONE and First Chicago NBD, announced April 13, 1998, is pending regulatory and shareholder approval. Union Planters will purchase the assets and liabilities of certain NBD branches in the following banking markets: . Indianapolis, 27 branches representing $960 million in deposits, . Lafayette, 11 branches representing $435 million in deposits, . Bloomington/Bedford, 4 branches representing $130 million in deposits, . Southeastern Indiana, 4 branches representing $145 million in deposits, . Marion, 3 branches representing $115 million in deposits, and . Kokomo, 2 branches representing $25 million in deposits. In addition to the $1.8 billion in deposits and 51 branches, the acquisition will bring Union Planters approximately $200 million in consumer loans and $625 million in commercial loans along with their associated services. Union Planters will pay a premium of approximately $294 million for the deposits and loans, with the exact amount being determined by deposit levels at closing. The sale is expected to be completed in the first quarter of 1999, subject to approval by appropriate regulatory authorities and the completion of the merger of First Chicago NBD and BANC ONE. Union Planters has committed to retain all the NBD employees currently employed at the 51 affected branches. Founded in 1869, Union Planters is headquartered in Memphis, Tenn., and is doing business in 12 states with 800 offices and assets of approximately $30 billion. NBD will retain the rest of its current business in these markets, converting its accounts and facilities to Bank One branches later in 1999. Bank One will have the largest market share among consumers and businesses in both Indianapolis and Indiana. The new BANK ONE CORPORATION, which will have assets of more than $230 billion, will have the largest market share among consumers in eight states and among businesses in the Midwest. The merger is expected to be completed early in the fourth quarter.
- ---------------------------------------------------------------------------------------------------- NBD Bank Branches in Indiana Being Sold to Union Planters Bank - ---------------------------------------------------------------------------------------------------- Greater Indianapolis Area - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Carmel Plaza 11550 N. Meridian St. 505 - ---------------------------------------------------------------------------------------------------- Carmel 146 & N. Meridian Banking Center 14825 Greyhound Ct. 524 - ---------------------------------------------------------------------------------------------------- Fishers East 96th Street - I-69 8758 E. 96th St. 218 - ---------------------------------------------------------------------------------------------------- Fishers Fishers 11555 Fishers Rd. 543 - ---------------------------------------------------------------------------------------------------- Greenwood Smith Valley 1686 W. Smith Valley Rd. 504 - ---------------------------------------------------------------------------------------------------- Indianapolis Pendleton Pike Office 10869 Pendleton Pike 382 - ---------------------------------------------------------------------------------------------------- Indianapolis Robin Run Robin Run Retirement Ctr. 510 5354 W. 62nd St. - ---------------------------------------------------------------------------------------------------- Indianapolis 91st & Meridian Street 9075 N. Meridian St. 515 - ---------------------------------------------------------------------------------------------------- Indianapolis Madison Avenue 1377 Madison Ave. 521 - ---------------------------------------------------------------------------------------------------- Indianapolis New Augusta 4629 W. 71st St. 545 - ---------------------------------------------------------------------------------------------------- Indianapolis Post Road 8910 E. 38th St. 549 - ---------------------------------------------------------------------------------------------------- Indianapolis Riley Center 555 N. Delaware 552 - ---------------------------------------------------------------------------------------------------- Indianapolis Castleton 6520 E. 82nd St. 554 - ---------------------------------------------------------------------------------------------------- Indianapolis Keystone Willowbrook 2421 Willowbrook Pkwy. 593 - ---------------------------------------------------------------------------------------------------- Indianapolis Rockville Road 7329 Rockville Rd. 594 - ---------------------------------------------------------------------------------------------------- Indianapolis Park Fletcher 2240 Executive Dr. 595 - ---------------------------------------------------------------------------------------------------- Indianapolis Tower Banking Office One Indiana Square 644 - ---------------------------------------------------------------------------------------------------- Indianapolis 96th & Keystone 3401 E. 96th Ave. 648 - ---------------------------------------------------------------------------------------------------- Indianapolis Beech Grove 3820 S. Emerson Ave. 649 - ---------------------------------------------------------------------------------------------------- Indianapolis 56th- Emerson Way 5640 Emerson Way 651 - ---------------------------------------------------------------------------------------------------- Indianapolis Valley Mills 4830 S. High School Rd. 654 - ---------------------------------------------------------------------------------------------------- Indianapolis Southeastern Ave. Banking Branch 7501 Southeastern Ave. 656 - ---------------------------------------------------------------------------------------------------- Indianapolis 431 & Stop 11 7916 Madison Ave. 657 - ---------------------------------------------------------------------------------------------------- Indianapolis Geist Branch 9885 Fall Creek Rd. 658 - ---------------------------------------------------------------------------------------------------- Indianapolis Capital Center 251 N. Illinois 679 - ---------------------------------------------------------------------------------------------------- Indianapolis Eagle Creek Parkway 7007 Shore Terr 1302 - ---------------------------------------------------------------------------------------------------- Mooresville Mooresville 1000 Hadley Rd. 547 - ----------------------------------------------------------------------------------------------------
A-2
- ---------------------------------------------------------------------------------------------------- Greater Lafayette Area - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Delphi Delphi 121 N. Washington St. 477 - ---------------------------------------------------------------------------------------------------- Frankfort Frankfort Main 2 E. Washington 367 - ---------------------------------------------------------------------------------------------------- Frankfort Frankfort Plaza 1451 Wabash St. 368 - ---------------------------------------------------------------------------------------------------- Lafayette 5th & South Banking Center 437 South St. 465 - ---------------------------------------------------------------------------------------------------- Lafayette Teal Road Banking Center 2237 Teal Rd. 466 - ---------------------------------------------------------------------------------------------------- Lafayette Union Street 3123 Union St. 469 - ---------------------------------------------------------------------------------------------------- Lafayette Creasy Lane Banking Center 25 S. Creasy Ln. 473 - ---------------------------------------------------------------------------------------------------- Remington Remington Office 15 S. Ohio St. 474 - ---------------------------------------------------------------------------------------------------- Rossville Rossville 15 S. Plank St. 369 - ---------------------------------------------------------------------------------------------------- West Lafayette Stadium Square 728 Northwestern Ave. 467 - ---------------------------------------------------------------------------------------------------- West Lafayette Westminster Banking Center 2741 N. Salisbury St. 472 - ---------------------------------------------------------------------------------------------------- Southeastern Indiana Market - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Corydon Plaza Banking Center Junction Hwys. 135 & 137 435 - ---------------------------------------------------------------------------------------------------- Corydon Downtown Banking Center 109 N. Capitol 437 - ---------------------------------------------------------------------------------------------------- New Salisbury New Salisbury 7950 Hwy 135 436 - ---------------------------------------------------------------------------------------------------- Salem Salem 24 East Side Public Square 438 - ---------------------------------------------------------------------------------------------------- Marion Market - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Marion Kem Road Office 1503 W. Kem Rd. 386 - ---------------------------------------------------------------------------------------------------- Marion Marion Main Office 402 S. Washington St. 387 - ---------------------------------------------------------------------------------------------------- Marion South Marion Office 3127 S. Washington St. 388 - ---------------------------------------------------------------------------------------------------- Kokomo - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Kokomo Fountain Square 3541 S. LaFountain St. 384 - ---------------------------------------------------------------------------------------------------- Kokomo Court House Square 107 N. Buckeye St. 397 - ---------------------------------------------------------------------------------------------------- Bloomington/Bedford - ---------------------------------------------------------------------------------------------------- City Branch Name Address Branch Number - ---------------------------------------------------------------------------------------------------- Bloomington College Mall 965 College Mall Rd. 596 - ---------------------------------------------------------------------------------------------------- Bloomington Fountain Square 116 S. Walnut 647 - ---------------------------------------------------------------------------------------------------- Bedford Main Banking Center 1501 J St. 511 - ---------------------------------------------------------------------------------------------------- Bedford West Banking Center 3336 W. 16th St. 512 - ----------------------------------------------------------------------------------------------------
A-3 Attachment B ------------ CHICAGO and COLUMBUS, Sept. 8, 1998 -- BANC ONE CORPORATION and First Chicago NBD Corporation announced that the first phase of their merger integration process has been completed, and that a series of critical decisions has been finalized. Shareholders of both companies will meet on Sept. 15 to approve the merger. Pending all necessary approvals, the merger is expected to close early in the fourth quarter. The new company will be called BANK ONE CORPORATION. . BANK ONE will be organized around five national lines of business that have each determined their ongoing organizations and operating platforms: . Credit Card - delivering value principally through the First USA and First Card brand names. . Commercial - serving middle market and large corporate customers through a variety of banking products (risk management, corporate finance, treasury management, leasing and asset-based lending); also includes commercial real estate and private banking. . Retail - providing banking services to consumers and small businesses through a variety of delivery channels. . Investment Management - managing mutual funds, institutional investments and insurance needs. . Finance One - providing consumer finance products, mortgage lending and indirect lending services. Each of these businesses is structured to support a customer focus nationally and in all individual geographic markets served by BANK ONE. In addition, the corporate investments portfolio will be a significant contributor to the Corporation's earnings. . Top-level managers have been appointed in all lines of business and staff units, a total of more than 200 senior managerial positions. . Major technology platforms and related systems applications for the new company have been chosen and resources have been dedicated to implement them quickly. Both companies continue to make rapid progress in their Year 2000 programs. . Arthur Andersen, LLP has been selected as the auditing firm for the new Corporation. Verne Istock, Chairman, President and Chief Executive Officer of First Chicago NBD Corporation will be Chairman of the new Corporation and John B. McCoy, Chairman and Chief Executive Officer of BANC ONE CORPORATION, will be President and Chief Executive Officer of the new Corporation. Reporting to McCoy will be Richard Lehmann and David Vitale, both vice chairmen, and: . Marvin Adams, chief information officer . David Meuse, merchant banking . Robert Rosholt, chief financial officer Reporting to Istock will be: . William Boardman, mergers and acquisitions . Gerald Buldak, public affairs . Sherman Goldberg, general counsel . Thomas Hoaglin, operations . Timothy Moen, human resources . Robert O'Neill, chief auditor . Richard Wade, risk management Reporting to Lehmann will be: . Kenneth Stevens, retail . Richard Vague, credit card . Donald Winkler, Finance One . Ralph Mueller, consumer credit policy review Reporting to Vitale in commercial banking will be: . W. G. Jurgensen, commercial banking products . Susan Moody, commercial banking market segments . Ronald Steinhart, commercial real estate and private banking . Judith Feldman, finance and merger integration . Paul Hennessy, credit Also reporting to Vitale will be: . David Kundert, investment management group . Geoff Stringer, corporate investments group. As previously announced, Thomas Hoaglin and Philip Jones will serve as merger integration executives, reporting to McCoy and Istock. Terry Wise has been appointed integration director. B-2 -----END PRIVACY-ENHANCED MESSAGE-----