A group of 20 large thrifts, banks, and diversified financial companies are asking Congress to leave the thrift charter alone. "We urge your support for deleting from any financial modernization legislation all provisions concerning the thrift charter," the group said in a May 16 letter to every member of Congress.

The companies, which include Citicorp, California Federal Bank, Capital One, Travelers Group, and Household International, were joined by the Association of Financial Services Holding Companies and the Texas Savings and Community Bankers Association.

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