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APPEAL OF NORTH CAROLINA S & L LEAGUE

No. 82.

276 S.E.2d 404 (1981)

In the Matter of The Appeal of NORTH CAROLINA SAVINGS AND LOAN LEAGUE and Burke County Savings and Loan Association from Judgment of Credit Union Commission in Contested Case Relating to By-Laws of State Employees' Credit Union. NORTH CAROLINA BANKERS ASSOCIATION, INC., Petitioner, v. NORTH CAROLINA CREDIT UNION COMMISSION and Roy D. High, Administrator of Credit Union, Respondents.

Supreme Court of North Carolina.

April 7, 1981.

Attorney(s) appearing for the Case

Law Offices of John R. Jordan, Jr. by John R. Jordan, Jr., Robert R. Price, and Henry W. Jones, Jr., and Alfred P. Carlton, Jr., Raleigh, for petitioner-appellant North Carolina Bankers Association, Inc.

Brooks, Pierce, McLendon, Humphrey & Leonard by L. P. McLendon, Jr., and Edward C. Winslow III, Greensboro, for petitioner-appellants North Carolina Savings and Loan League and Burke County Savings and Loan Association.

Byrd, Byrd, Ervin, Blanton & Whisnant, P. A. by John W. Ervin, Jr., Morganton, for petitioner-appellant Burke County Savings and Loan Association.

Bailey, Dixon, Wooten, McDonald & Fountain by J. Ruffin Bailey and Gary S. Parsons, Raleigh, for respondent-appellee State Employees' Credit Union.

Barringer, Allen & Pinnix, by Thomas L. Barringer, Raleigh, for respondent-appellees North Carolina Credit Union Commission and Roy D. High, Administrator of Credit Unions.

C. Ronald Aycock, Raleigh, for respondent-appellee North Carolina Association of County Commissioners.

Ernest Ball, Raleigh, for respondent-appellee North Carolina League of Municipalities.

CARLTON, Justice.

I.

This case arose from the North Carolina Credit Union Administrator's (hereinafter "Administrator") approval on 15 September 1977 of an amendment to the By-Laws (sic) of the State Employees' Credit Union, allowing an expansion of its field of membership to include employees of local government units who participate in retirement systems administered by the State of North Carolina and federal employees working in conjunction with these...

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