The Bank Cuts Prime Lending Rate to 7.5 Percent

Apr 19, 2001, 01:00 ET from The Banc Corporation

    BIRMINGHAM, Ala., April 19 /PRNewswire/ -- The Bank today announced that
 it had lowered its prime lending rate to 7.5 percent from 8.0 percent,
 effective immediately.  The prime rate is the benchmark for many types of
 commercial and consumer loans and lines of credit.  The Bank, which is the
 principal subsidiary of The Banc Corporation (Nasdaq:   TBNC), is the sixth
 largest bank headquartered in Alabama, with assets of $1.133 billion as of
 March 31, 2001.
     The Banc Corporation is a financial holding company headquartered in
 Birmingham, Alabama.  The Bank, which is also headquartered in Birmingham,
 currently has a total of twenty-nine locations, twenty-two locations
 throughout the state of Alabama, four locations along Florida's emerald coast
 and three locations in the northern Florida panhandle.  The Florida division
 of The Bank operates as Emerald Coast Bank and C&L Bank.
     More information on The Banc Corporation and its subsidiaries may be
 obtained over the Internet, http://www.thebankmybank.com or by calling
 1-877-326-BANK (2265).
 
 

SOURCE The Banc Corporation
    BIRMINGHAM, Ala., April 19 /PRNewswire/ -- The Bank today announced that
 it had lowered its prime lending rate to 7.5 percent from 8.0 percent,
 effective immediately.  The prime rate is the benchmark for many types of
 commercial and consumer loans and lines of credit.  The Bank, which is the
 principal subsidiary of The Banc Corporation (Nasdaq:   TBNC), is the sixth
 largest bank headquartered in Alabama, with assets of $1.133 billion as of
 March 31, 2001.
     The Banc Corporation is a financial holding company headquartered in
 Birmingham, Alabama.  The Bank, which is also headquartered in Birmingham,
 currently has a total of twenty-nine locations, twenty-two locations
 throughout the state of Alabama, four locations along Florida's emerald coast
 and three locations in the northern Florida panhandle.  The Florida division
 of The Bank operates as Emerald Coast Bank and C&L Bank.
     More information on The Banc Corporation and its subsidiaries may be
 obtained over the Internet, http://www.thebankmybank.com or by calling
 1-877-326-BANK (2265).
 
 SOURCE  The Banc Corporation