With one bank partnership under way and another in the wings, Charles Schwab & Co. is preparing to find up to 10 more banks to offer its popular OneSource mutual fund program.

KeyCorp, Cleveland, began offering Schwab's OneSource supermarket of 2,000 no-load mutual funds to its customers last month. First Union Corp., Charlotte, N.C., is set to do the same this summer, perhaps as soon as next month.

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.