A growing number of institutions worried about the Office of Thrift Supervision's future may switch to a national bank charter, putting even greater pressure on the agency's budget.

Hudson City Savings Bank, a $60 billion-asset thrift in Paramus, N.J., last week became the latest to announce a charter change amid concern about its regulator. Hudson City said rapid growth and asset size also factored into the decision to switch regulators, as most banks of similar size are regulated by the Office of the Comptroller of the Currency.

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