A nationwide megapledge for community development is not in the cards for the combined Banc One Corp. and First Chicago NBD Corp., First Chicago chairman Verne G. Istock said.

"Do these mega-announcements amount to much? I don't think so," Mr. Istock said of the recent spate of Community Reinvestment Act lending pledges made by big U.S. banking companies seeking approval of merger plans.

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