National City Corporation Lowers Prime Rate to 5.25 Percent

CLEVELAND, March 18 /PRNewswire-FirstCall/ -- National City Corporation (NYSE:NCC) today announced on behalf of its subsidiary banks that it has lowered its prime rate to 5.25 percent from 6.00 percent, effective immediately. The rate was last changed on January 30, 2008, when National City lowered its prime rate to 6.00 percent from 6.50 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 commercial 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 www.nationalcity.com.

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Source: National City Corporation

CONTACT: Kristen Baird Adams, +1-216-222-8202,
kristen.bairdadams@nationalcity.com, of National City Corporation

Web site: http://www.nationalcity.com/

2008-03-18 16:57:44 0315623 PRNEWSWIRE