Ex-Bank One chief John G. McCoy dies at 97

NEW ALBANY, Ohio - John G. McCoy, who helped transform a local Ohio bank into Midwestern powerhouse Bank One, died in his sleep during the weekend. He was 97.

Schoedinger funeral services in Columbus said McCoy died peacefully on Sunday at his suburban home.

He was one of three John McCoys who led City National Bank & Trust and its later incarnation, Bank One Corp., for 64 years. He took over following the death of his father in 1958.

During McCoy's 25 years as chief executive, the bank pioneered the use of what would become Visa cards and ATMs. It also enjoyed explosive growth through a series of mergers.

Bank One is now part of banking giant J.P. Morgan Chase & Co.

Services for McCoy are scheduled for Friday.

- AP