BankAtlantic wants to profit from ATM surcharges. Chris Klein, senior vice president of ATM systems, says the machines can be "a huge source of noninterest income." Page 20

WASHINGTON

The regulator for the Federal Home Loan Bank System said that non- housing-related investments have declined as a percentage of assets. Page 2

REGIONAL

BB&T agreed to buy First Citizens of Newnan, Ga., for $126 million in stock. Page 3

COMMUNITY

A New Jersey thrift delayed its stock offering amid a report of embezzlement and the resignation of its CEO. Page 5

INVESTMENT PRODUCTS

Countrywide Credit Industries is getting serious about insurance. Page 7

MORTGAGES

Counseling is a key element in the new minority homeownership initiatives that were announced by Fannie Mae, Freddie Mac, and the NAACP. Page 8

TECHNOLOGY

A long-awaited specification for home banking operations is nearing completion. Page 12

DIGITAL FRONTIERS

ON-LINE BANKING: Checkfree's chairman said an alliance with one of the Internet portals for bill payment and presentment should be of no concern to "progressive" banks. Page 14

CORPORATE FINANCE

NationsBanc Montgomery Securities opened a larger trading floor in San Francisco. Page 29

MARKETS

Investors in First Union's bonds stood by the securities after the company announced an accounting change that would reduce its 1999 earnings. Back page

WEEKLY REPORT: INTERNATIONAL

U.S. banks cut cross-border exposure to emerging markets in the third quarter but boosted exposure through their overseas offices, a study found. Page 18

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