Today's News

WASHINGTON

Seven of the eight members of the Housewho opposed the credit union bill explain their vote.,Page 3

COMMUNITY

The chairman and president of a Virginia bank went to trial, charged with making illegal loans.,Page 6

CORPORATE FINANCE

Banks' investment arms are winning the approval of mid- to small-cap portfolio managers and CFOs.,Page 8

MORTGAGES

The president of NationsBank's mortgage subsidiary is becoming an industry leader and spokesman.,Page 9

DIGITAL FRONTIERS

ELECTRONIC COMMERCE: Verifone made an equity investment in a compact payment devices firm.,Page 12

TECHNOLOGY

Trisense joined the growing list of companies offering electronic bill payment and presentment software.,Page 13

CARDS

First USA is trying to attract credit accounts with free stored-value telephone and gasoline cards.,Page 14

INVESTMENT PRODUCTS

INSURANCE: Lincoln National Life, which had sold its fixed annuities to banks through third-party marketers, has forged direct relationships with 30 institutions.,Page 16

MARKETS

FirstMerit of Akron, Ohio, is buying Security First for $256 million in stock., Back page

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