As executives gathered here this week for the America's Community Bankers annual convention, the topic on nearly everyone's tongue was rescuing the thrift charter.

The new ACB chairman, Cornelius D. Mahoney, exhorted an audience of about 1,500 to ask lawmakers to oppose pending financial modernization legislation that would abolish the charter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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