AMERICAN BANKER addresses the future of automated teller machines, including the proliferation of off-premises terminals and trends in pricing. Pullout section WASHINGTON: THOUGH the White House and congressional leaders each claimed victory in a budget agreement reached last week, student lenders say they're the real winners. Page 2 REGULATORS from 12 countries will gather on Tuesday for one of the of the Basel Committee on Banking Supervision's most important meetings since it came out with risk-based capital standards in 1988. Page 4 REGIONAL BANKING: A WELLS TAKEOVER of First Interstate would slow down Los Angeles County's recovery from a five-year slump for Los Angeles County, according to a local group's study. Page 6 COMMUNITY BANKING: THE FARM FINANCIAL Standards Council wants more farmers and lenders to adopt its guidelines for financial reporting. Page 8 CREDIT UNIONS: REGULATOR-BASHING is a popular sport at trade group conferences, but the complaints at the California Credit Union League's about NCUA Chairman Norman D'Amours at times went beyond the ordinary. Page 10 U.S. Central Credit Union, the industry's primary liquidity facility, has hired the president of a National Cooperative Bank subsidiary as chief executive. He'll succeed one who left in March under a cloud.
Page 11 MORTGAGES: BANCBOSTON MORTGAGE and Countrywide Funding operate the most efficient and technologically advanced big mortgage servicing operations, according to a study. Page 12 HOME MORTGAGE lenders can expect a refinancing "boomlet" to hold their attention for much of 1996, an industry analyst says. Page 12 INVESTMENT PRODUCTS: WHY IS NationsBank colossus searching for a business partner as it plots the takeover of British money management firm Gartmore? Investment bankers suggest reasons ranging from cultural worries to some fairly straightforward accounting issues.