WASHINGTON

The OTS proposed to streamline the test used to determine interest-rate risk exposure. Page 2

COMMUNITY

Lawmakers have sidetracked the thrift industry's push for a California state savings bank charter as an alternative to the state's thrift charter. Page 6

MORTGAGES

The Fannie Mae Foundation reported a surge in optimism among blacks and Hispanics about their prospects for homeownership. Page 8

INVESTMENT PRODUCTS

NationsBank is offering its first banking and brokerage combination account, Money Manager. Page 9

The investment adviser to the American family of mutual funds is considering paying brokers "consistency fees" based on how long investors hold on to their portfolios. Page 9

CORPORATE FINANCE

A high-powered investment banker is giving the nascent on-line financial services industry a major dose of credibility. Page 12

CARDS

A sign of the times at the Faulkner & Gray Credit Card Conference last week: headhunters in the exhibit area. Page 13

KeyCorp will enter the commercial purchasing and fleet card market through a partnership with Paymentech, which will manage the program. Page 13

DIGITAL FRONTIERS

ON-LINE BANKING: Unlike the first Internet bank, a test bed for technology to sell to other banks, D.R. Grimes says his Atlanta Internet Bank is the real thing. "We have proven beyond doubt that the Internet is a successful medium to deliver banking," he says. Page 14

TECHNOLOGY

In the days leading up to its merger announcement last week with CIBC, Toronto-Dominion Bank was adding luster to its high-tech brokerage reputation. Page 15

MARKETS

Moving to bolster its presence in Chicago, Old Kent Financial of Michigan said it would buy First Evergreen for $488 million in stock. Back page

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