Bank One Offers Disaster Relief Loans and Payment Extensions; Consumer and Business Loans Available
11 June 2004 - 12:28AM
PR Newswire (US)
Bank One Offers Disaster Relief Loans and Payment Extensions;
Consumer and Business Loans Available CHARLESTON, W.Va., June 10
/PRNewswire/ -- Bank One today announced two special loan programs
to help individuals and businesses with disaster-related expenses.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO )
"After a disaster hits, many people are dealing with both the
emotional and financial consequences of seeing their homes severely
damaged," said Mark Prince, CEO of Bank One West Virginia. "With
these loan programs, Bank One can help people find the money for
repairs and other needs - so at least the immediate financial
difficulties from the disaster are eased." Consumer customers who
live in the 24 West Virginia counties designated disaster areas by
the Federal Emergency Management Agency (FEMA), have been impacted
by the disaster, and meet standard underwriting requirements, may
apply for a personal installment unsecured loan with these
features: -- Loan amount up to $25,000 -- Discounted loan rate --
Deferred first payment -- No loan fee Individuals interested in
applying for these personal unsecured loans may visit any Bank One
banking center or call Bank One toll-free at (877) BK1-ASST
(877-251-2778). The offers are valid through October 10, 2004.
Also, existing Bank One customers with loans or lines of credit may
be eligible for account extensions. Existing customers can call or
stop by their Bank One Banking Center. Business customers who
reside in or own a business in one of the affected counties and
have been impacted by the disaster may apply for a business
installment unsecured loan with these features: -- Loan amount up
to $35,000 -- Discounted loan rate -- Deferred first payment up to
90 days -- No loan fee Business customers can call Bank One
Business Loan by Phone number at 1- 800-404-4111 to apply. The
offer is valid through October 10, 2004 Bank One is one of West
Virginia's largest banks, with 30 offices across the state. Bank
One Corporation ( http://www.bankone.com/ ) is the nation's
sixth-largest bank holding company, with assets of $320 billion.
Bank One currently has more than 51 million credit cards issued,
nearly 7 million retail households, and approximately 20,000 middle
market customers. It also manages $188 billion of clients'
investment assets. West Virginia Counties Eligible for Disaster
Relief: Boone, Braxton, Cabell, Calhoun, Clay, Fayette, Gilmer,
Jackson, Kanawha, Lewis, Lincoln, Logan, Mason, McDowell, Mercer,
Mingo, Nicholas, Putnam, Raleigh, Roane, Wayne, Webster, Wirt,
Wyoming. (List current as of June 9, 2004)
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO
http://photoarchive.ap.org/ DATASOURCE: Bank One CONTACT: Nancy
Norris of Bank One, +1-502-566-3620 Web site:
http://www.bankone.com/
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