Show Nationwide Finance Acquired by Giant Bank Holding Co o. o With the recent the Federal Federal Fede Fede- de ral Reserve Board First National City Corporation a giant holding company Has acquired National Finance Company Com Com- Company pany a string of f 85 licensed sm small ll loan offices offices- operating in 14 states one of which is located in Vernal and nd is managed by Bill Allred THE THE NATIONWIDE NATIONWIDE Finance Company offices were the principal of Acceptance Finance Company with headquarters in St St. Louis Missouri Nationwide Nationwide Na Na- has seven offices in Utah In announcing the acquisition Citicorp Citicorp Citicorp Citi Citi- corp Board Chairman Walter Wriston declared We bought capital and know how To that end all of the principals are remaining with the new organization and are pledged to plow ahead to achieve the expansion goals set CHARLES W W. Morgan named president president dent and chief executive officer of Citicorp's new stated in an interview Nationwide is expected to double its outstanding receivables by there Receivables at the end of 1972 stand at 35 million Citicorp's principle asset is First National National Na Na- City Bank of New York the second second sec sec- ond largest bank in the world Additionally Addi it has personal and banking and m money mey lending operations operations operations opera opera- in 88 foreign countries |