The Office of Thrift Supervision is hitting the road to urge mutual savings banks to "think twice" before converting to stock institutions.

In the first stop of a nine-city "listening tour," agency officials were in Chicago on Thursday to meet with thrift executives and find out if OTS policies may be driving dozens of mutuals to convert each year. The OTS is also aiming to dispel any notions that it somehow encourages thrifts to go public.

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