WASHINGTON

Joseph H. Neely 2d announced plans to resign from the FDIC board on Oct. 1. Page 2

MORTGAGES

HOME EQUITY: The largest mutual thrift in the country, which is also the biggest mortgage lender in Kansas, is offering a minority stake to the public. Page 6

Norwest Mortgage launched a home loanprogram for Native Americans living on reservations in South Dakota, North Dakota, and Nebraska. Page 7

INVESTMENT PRODUCTS

A life-size image of an investment officer hascirculated among a Kentucky bank's 11 branches since January to educate employees and inform customers about the investment program. Page 9

COMMUNITY

Executives at mutual thrifts that have recently converted to public companies want regulators to ease restrictions on share repurchases. Page 10

SPECIAL REPORT

Individuals and corporations that made news or influenced the card industry as leaders in the last year are examined in this sixth annual special report. Citibank, NationsBank-Bank of America, Capital One, Associates First, and seven other companies are profiled.

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DIGITAL FRONTIERS

SMART CARDS: The Global Chipcard Alliance won a favorable reception for its plan to let any smart card be accepted in any card-reading device, but members had no illusions about making the proposal stick. Page 11

Microsoft has solidified its support for three transaction-related technical standards in a move that may be a prelude to deeper involvement in smart cards and Internet commerce. Page 11

CARDS

The ABa will add three names to its honor roll of lifetime achievement in the bank card industry. Page 13

TECHNOLOGY

Officials at leading on-line brokerage firms said they were pleased at how their Web sites performed during recent record trading days on the securities markets. Page 16

MARKETS

So many thrifts are experiencing earningsproblems these days, say merger advisers, that fewhave the resources to make a deal. Page 26

CORPORATE FINANCE

IBJ Schroder Business Credit hired a former Bank of New York regional manager to be a senior vicepresident in the Atlanta office. Back page

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