WASHINGTON
The OCC is appealing a court ruling that banned a national bank in Arkansas from using the 30-mile rule to enter Texas. Page 2
Strength in the banking industry has meant slimmer pickings for private deposit insurers than they foresaw during the near disaster of the early '90s. Page 3
REGIONAL BANKING
Richard McNeece, who quit as chairman of a Georgia bank last year after losing support from a shareholder group, joined Huntington Bancshares as head of its Michigan subsidiary. Page 4
Robust loan growth in Atlanta and lower funding costs helped boost second-quarter profit 8% at SunTrust. Page 4
MORTGAGES
Preferred Mortgage has carved a niche by making high loan-to-value home equity loans to borrowers with excellent credit. Page 9
CREDIT/DEBIT/ATMs
The president of Banc One's credit card business has quietly changed jobs to manage the company's Internet initiatives. "We are doing a lot in this area," says Mark K. Tonnesen, chief development officer of a new division focusing on electronic payments and commerce, "but we need a better sense of what we are aiming for long-term." Page 18
A Daytona USA MasterCard is being issued by SunTrust BankCard and comarketed with Daytona USA, a new motor sports entertainment center. Page 18
INVESTMENT PRODUCTS
The New York Stock Exchange drafted guidelines for combined account statements that should help financial services companies and customers alike, writes Robert Kaplan of BHC Financial. Page 12
Dauphin Deposit Bank and Trust launched four mutual funds this April after years of waiting futilely for Congress to legislate tax-free conversion of common trust accounts into mutual funds. Page 13
COMMUNITY BANKING
New York lawmakers, fearing bank opposition, dropped additional powers for credit unions from a bill they passed. Page 16
A strong corporate culture mobilizes all resources in one direction. This is critically important to super community banks, writes columnist Anat Bird. Page 17
TECHNOLOGY
Prodigy Services is looking to home banking and electronic commerce to boost its sagging fortunes. Page 20
National City and Marshall & Ilsley have installed software in their corporate treasury and asset-liability management units to track the profitability of commercial and retail business lines. Page 21
FINANCE
Banks may issue less debt if rates stay as high as last week's credit- market selloff sent them, some banking experts say. Page 26
Bank stocks rebounded as investor fears of rising interest rates subsided and were replaced by a perception of buying opportunities. Back page
