CLEVELAND, Oct. 8 /PRNewswire-FirstCall/ -- National City Corporation
(NYSE: NCC) today announced on behalf of its subsidiary banks that it has
lowered its prime rate to 4.50 percent from 5.00 percent, effective
immediately. The rate was last changed on April 30, 2008, when National City
lowered its prime rate to 5.00 percent from 5.25 percent.
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About National City
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio,
is one of the nation's largest financial holding companies. The company
operates through an extensive banking network primarily in Ohio, Florida,
Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania and Wisconsin,
and also serves customers in selected markets nationally. Its core businesses
include corporate and retail banking, mortgage financing and servicing,
consumer finance and asset management. For more information about National
City, visit the company's Web site at http://www.nationalcity.com .
SOURCE National City Corporation
