WASHINGTON
A FEDERAL CREDIT UNION in Maryland will be the first to convert to a mutual thrift charter. Bucs Federal's members approved the change last week. Page 2
REGIONAL
State Street is battling Pennsylvania's treasurer over a $9 million contract to provide custody services for $64 billion of the commonwealth's pension fund assets. Page 5
COMMUNITY
The national debate over the thrift charter is being echoed in Iowa, where savings and loans are urging lawmakers to create a new state savings bank charter. Page 7
CARDS
Total System Services merged its Mailtek subsidiary into TSYS Total Solutions, the mailing and marketing services unit formerly known as Lincoln Marketing. Page 9
TECHNOLOGY
Netik, a London-based financial software company, has introduced an Internet-enabled data base and risk management technology called xNetik. Page 11
CORPORATE FINANCE
Though rapid economic growth has propelled demand for all kinds of real estate, the prospects for some properties are radically different. Page 13
MORTGAGES
The prospect of conversion to the euro-the common currency of the European Union scheduled for release in 1999-helped boost the demand for Fannie Mae's second Benchmark note issue. Page 15
INVESTMENT PRODUCTS
INSURANCE: As part of a strategic overhaul that includes changing its name, New England Financial-formerly The New England-plans to offer a raft of bank-like products to cultivate affluent and small-business customers. Page 16
Northern Trust is expanding its offshore funds business to provide more investment management services to foreign clients and prospects. Page 17
MARKETS
Stock prices of Chase, Citicorp, and First Chicago NBD climbed after being named to the "Focus List" of Credit Suisse First Boston. Page 26
