Ending months of speculation about a restructuring, the Integrion home banking consortium is paring down to three primary owners from the current 15 financial institutions.

Most of the rest will have participant-owner status in a revamped and recapitalized organization. They have the option of using Integrion technology but their capital contributions will be less than those of the top backers: BankAmerica Corp., Bank One Corp., and Washington Mutual Inc.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.