Bank One and Liberty Bank in September began making calls to
women-owned businesses in the Oklahoma City and Tulsa areas as part
of a special 12-state sales effort.
Banc One, the Columbus, Ohio-based holding company of the banks,
began mobilizing the sales force to reach out to 40,000 women-owned
businesses in 20 major cities to introduce them to Bank One products
Liberty, purchased by Banc One in June, still operates as a
separate entity. Later this year or in early 1998, Liberty's two
banks -- Liberty Bank and Trust of Oklahoma City and Liberty Bank
Trust of Tulsa -- will be converted to Banc One's common operating
During the calls, expected to last through next month, Bank One
plans to introduce thousands of women entrepreneurs to exclusive
programs designed for women-owned businesses.
"Women-owned businesses account for one of every four jobs in the
country and generate close to $2.3 trillion in sales," said Doug
Ruhl, manager of the Oklahoma Business Group. "Bank One is
determined to become the bank for women entrepreneurs. This
concentrated sales effort reflects our commitment and helps Bank One
anticipate this growing segment's needs."
Women who meet with Bank One representatives will receive an
educational audio cassette entitled "Get the Credit You Deserve."
The cassette, produced by Bank One, is designed to help women
business owners become educated about the credit process. Topics on
the cassette include "Developing Your Business Plan," "How Lenders
Appraise Your Loan" and "Financing for the Advanced Entrepreneur."
Also during this period, Bank One will invite women to join Women
Inc., an organization it formed a national alliance with in April.
Through the end of the year, Bank One will give free one-year Women
Inc. memberships to women entrepreneurs who meet the minimum sales-
In addition, women-owned businesses have access to credit
information through Bank One Business Solutions for Women program
with its dedicated, direct phone line: (800) 408-2743.
Women Inc., the nation's largest organization devoted to the needs
and concerns of women-owned businesses, was formed in late 1995. The
organization provides access to discounts and services from more
30 national premier suppliers and vendors, including AT&T, Federal
Express and Kinko's.
Research by Bank One indicates that women entrepreneurs seek
access to information as well as credit.
"Women business owners understand that knowledge is power in
today's competitive business environment," Ruhl said. "They value
support networks like Women Inc. that offer access to business ideas
and information. Bank One is committed to being a vital part of such
a network, through its affiliation with other organizations and
through its own employees and associates."
The Oklahoma Credit Union League elected its 1997-98 officers at
its 63rd annual meeting earlier this month in Oklahoma City.
Those elected included Don Stivers, chairman, Oil Capital Federal
Credit Union in Tulsa; Larry Weise, vice chairman, Wester Sun
Credit Union in Tulsa; and Mike Kloiber, treasurer, Tinker Federal
Credit Union in Oklahoma City. …