WASHINGTON THE FDIC has become the first federal agency to officially warn banks about the risks posed by subprime lending. Page 2 Credit union and consumer groups blasted banks at a rally on the Supreme Court steps. Page 2 REGIONAL BANKING Frustrated by their failure to block Glendale Federal's proposed acquisition of a small bank, community groups say they will protest if Glendale itself goes up for sale. Page 5 MORTGAGES Bombardier Capital, the lending unit of aerospace and transportation manufacturer Bombardier, is entering the retail mortgage arena. Page 7 The race to book more automated loan evaluation business is creating new tensions between Fannie Mae and Freddie Mac, with each claiming to be more committed to reducing costs for lenders. Page 8 COMMUNITY BANKING A deal to buy privately held EurekaBank would make Bay View Capital the largest independent in the San Francisco Bay area. The price for the thrift: $300 million in stock and cash. "Strategically this makes a great deal of sense," says Bay View CEO Edward H. Sondker. Page 10 CREDIT/DEBIT/ATMs Debt collection has become a big and busy function as credit card chargeoffs climb to record levels, but experts say there are perils if the collection is done improperly. Page 12 Two recent deals have thrust Chicago credit-reporting agency Trans Union into modeling. Page 12 INVESTMENT PRODUCTS Connecticut bankers are trying to reach deeper into the state's wealthy communities by opening more local trust offices. Page 14 INSURANCE: Banks are best suited to sell insurance to the young and nonaffluent, according to a recent study. Page 15 TECHNOLOGY Bankers expressed satisfaction with the administration's move to permit export of financial software using the most advanced data security technology. Page 16 M&A REVIEW Mergers have destroyed billions of dollars in shareholder value because of the "synergy trap," according to a new book. Page 22 MARKET MONITOR Great Western put the head of its mutual fund subsidiary on administrative leave, sources said. Page 24 Uncertainty about the stock market has helped revive interest structured notes. Page 25

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