WASHINGTON
White House aide Ellen S. Seidman is the Clinton administration's choice to head the Office of Thrift Supervision, industry and government sources said. Page 2
Banks and thrifts would be barred from promoting their federal deposit insurance in ads for nondeposit investment products under a new government proposal. Page 3
The Senate Banking Committee is creating a new subcommittee to regulate electronic commerce. The panel will be headed by Sen. Robert Bennett, R- Utah. Page 3
REGIONAL BANKING
There would be nearly 100 new supermarket branches in Chicago by yearend, if plans announced by a handful of banks come to fruition. Page 5
MORTGAGES
National City would almost triple its mortgage lending network in a deal to purchase 61 offices from Bank United of Texas. Page 6
Lenders are edgy, HUD is under fire, and mortgage industry lawyers are throwing rocks. The reason: a federal judge's ruling in the lawsuit filed against Crestar Mortgage and Saxon Mortgage. Page 6
Standard Federal Bancorp.'s fourth-quarter earnings report of strong refinancings may offer some insights into where the mortgage business is headed early this year. Page 7
CREDIT/DEBIT/ATMs
CARD FRONTIERS: MasterCard International is hiring a chip-card specialist away from Europay International, continuing the smart card industry's game of musical chairs. Page 8
MasterCard International, a sponsor of the National Hockey League, gave fans a new toy - smart cards - at an exposition tied to last weekend's All- Star game. Page 8
INVESTMENT PRODUCTS
Bank brokerages are opening their doors wider than ever to big-name mutual fund and securities firms - a move once considered akin to letting the fox into the henhouse. Page 12
Marketing One, a company that supplies investment products and programs to banks, plans to make its site on the World Wide Web the primary source of information for its brokers. Page 13
COMMUNITY BANKING
One of the Midwest's most acquisitive community banks appears to be gearing up for a shopping spree. Page 14
A 79-year-old community bank in North Carolina is expanding outside its home county for the first time. Page 14
CORPORATE FINANCE
The chief financial officer and senior vice president for finance of Loewen Group, the second-largest funeral home and cemetery business in North America, discusses the company's relationships with banks. Page 21
TECHNOLOGY
BankAmerica is automating its indirect lending center in Las Vegas with a combination of imaging technology and workflow computer software. Page 22
Brightware unveiled two programs that would let banks automate some sales and marketing tasks related to Internet banking. Page 22
MARKET MONITOR
Coast Savings Financial has reportedly decided to spin off to investors its potential winnings from a goodwill lawsuit, possibly clearing the way for its sale to an acquisitive Seattle thrift. Back page
