WASHINGTON
A recent federal appeals court decision restricting bank insurance powers is not as damaging to the industry as first thought. Several lawyers said the court limited its ruling to the Retirement CD. Page 3
Alfonse D'Amato, Senate Banking Committee chairman, introduced a bill to bar automatic teller machine operators from imposing user fees. Page 2
REGIONAL BANKING
American National Corp., a unit of First Chicago NBD, is shedding most of its consumer and small-business accounts to focus on its core middle- market lending business. Page 6
NationsBank's agreement to sell two Georgia branches reinforces a recent trend of big banks to retreat from smaller markets where they aren't dominant. Page 6
COMMUNITY BANKING
Despite highly publicized derivatives debacles, several leading correspondent banks are finding a growing market for these financial products among small banks. Page 8
Two months after his ouster as chairman, Alan Schiffman, a director of suburban Philadelphia's Madison Bancshares, lost his bid to replace one- third of the directors. Page 8
TECHNOLOGY
Banks looking for growth predictions on the home banking market have a right to be confused. Three research firms have issued markedly different estimates of both current and future use of PC-based home banking services. Two companies attributed the differences to the demographic groups in their surveys. Page 16
M&I Data Services has landed its first customers for a service designed to let banks offer account access through the World Wide Web. Page 16
INVESTMENT PRODUCTS
KeyCorp doesn't buy the line that sharing advertising space with a fund giant like Fidelity Investments is suicidal for a bank trying to promote its own mutual funds. Page 10
Huntington Bancshares will become the first major bank in Ohio to sell life and health insurance, after getting a green light from state regulators. Page 10
MORTGAGES
NationsBank said it approved a smaller percentage of mortgage applications from both lower-income and wealthier borrowers last year than in 1994. Page 12
A new effort by lenders to pass off risk to investors by securitizing home loans with servicing rights attached could prompt "churning" of loans, critics fear. Page 12
CREDIT/DEBIT/ATMs
Advanta changed the name of Colonial National Bank to Advanta National, reflecting lenders' growing interest in using the power of their brands to set them apart. Page 15
A Baltimore oil company is marketing a cobranded MasterCard that will pad First Omni Bank's portfolio with customers who convert from the oil company's proprietary card. Page 14
FINANCE
Missouri banks, long seen as takeover fodder, are trading in the stock market at a discount to their potential acquirers, making them easier prey. Back page
