WASHINGTON - In a move to appease thrifts and small banks, the American Bankers Association has altered its stance on deposit insurance reform.

The group's chief lobbyist, Edward L. Yingling, said Friday that it will no longer insist the Office of Thrift Supervision and the Office of the Comptroller of the Currency be combined as a condition of merging the bank and thrift deposit insurance funds. The ABA had previously demanded the agencies be combined, but thrifts steadfastly opposed losing their regulator.

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