SMALL-BUSINESS LOANS. The Office of the Comptroller of the Currency and the FDIC finalized an August 1995 interim rule that reduced capital requirements for banks that sell small-business loans and leases with recourse. The OTS is expected to follow suit shortly. The Fed issued a final rule in August 1996. OCC and FDIC rules are expected to be published soon. Effective Jan. 1, 1998.

FED ACCOUNTS: The Fed finalized a rule letting banks maintain a single reserve account, rather than holding separate accounts in each Fed district where they operate. Published Sept. 15. Effective Jan. 2, 1998.

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