From the National Council of Churches:
Catholic Church and four Reformed churches recognize validity of one another's baptism
New York, July 14, 2011 – The general secretary of the National Council of Churches today celebrated an historic agreement among the Roman Catholic Church and four historic Protestant reformed churches to recognize the validity of one another's baptism.
The Rev. Dr. Michael Kinnamon, staff head of the nation’s leading ecumenical body, said, "these five churches have taken a significant step on this road to unity."
The United Church of Christ was the most recent church to adopt the “Common Agreement on Mutual Recognition of Baptism” during its synod earlier this month in Tampa, Fla.
The agreement was approved by the Presbyterian Church U.S.A. in 2008, the United States Council of Catholic Bishops in November of last year, and the Reformed Church of America and the Christian Reformed Church at their denominational meetings last month.
Check out the full article.