MORTGAGES:
COUNTRYWIDE Credit Industries appears to be on a roll. Its mortgage originations in July climbed to $2.92 billion, a gain of $1 billion, or 34% over the level in July 1994. Page 20
WASHINGTON:
BANKS HAVE invested nearly $514 million in Boston's low-income neighborhoods, vastly exceeding the amount they promised five years ago. Page 2
REGULATORS haven't given up on their promise to clarify the March 1994 fair-lending policy statement, which was supposed to provide the industry with a blueprint for fair-lending compliance. Page 4
COMMUNITY BANKING:
WITH THE AX poised over government farm subsidies, agricultural lenders - and their customers - are rethinking some long-held assumptions about their business. Page 9
CREDIT UNIONS:
PERFORMANCE is par for the course again after last year's lending boom. During the first six months of 1995, credit unions saw loan growth and net income cool to the average levels of the past 10 years, according to preliminary call report data. Page 13
NATIONAL Credit Union Administration director Shirlee P. Bowne fears the agency may be going too far in its campaign to shield small institutions from competition. Page 13
INVESTMENT PRODUCTS:
THOMAS O'NEILL launched his financial services career more than two decades ago as a management trainee and teller at Fleet. Now, after a career in money management, he is returning to the Rhode Island company as head of its investment advisory arm. Page 22
CREDIT/DEBIT/ATMs:
TELECHECK SERVICES Inc. has joined with the Pulse and Star regional electronic banking networks to create a service for merchants to approve checks. Page 14
TECHNOLOGY:
BANK TECHNOLOGY stocks drifted mostly lower again last week, although shares of outsourcing firms rose after General Motors Corp. said it planned to spin off its Electronic Data Systems subsidiary. Page 16
REGIONAL BANKING:
KEYCORP will be rocking, rolling, twisting, shouting, and dishing out cash from jukebox-style ATMs when the Rock and Roll Hall of Fame opens Sept. 1 in Cleveland. Page 6
FINANCE:
ECONOMISTS SAY the Federal Reserve has room to lower interest rates another notch this month, but whether it will happen is shrouded in typical uncertainty. Back page
LIBERTY BANCORP stock reached new 52-week highs last week in extremely heavy trading, after company executives said at a meeting in New York that the Oklahoma City bank was mulling a sale. Back page
