What is the history of Bank One?

Written by Editorial Team | Last Updated: August 2026

Bank One Corporation traced its origins back to the founding of City National Bank of Columbus, Ohio, in 1868. Under the visionary leadership of John B. McCoy during the late 20th century, the institution pioneered innovative consumer banking concepts, such as introducing the first automated teller machine networks and launching the First USA credit card subsidiary. Through a series of massive multi-state mergers—including the combination with Banc One and First Chicago NBD—Bank One grew into one of the largest banking institutions in the United States before culminating in its historic merger with JPMorgan Chase in 2004.

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