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NORTH AMERICAN SAV. v. FEDERAL HOME LOAN BANK

No. 84-1108.

755 F.2d 122 (1985)

NORTH AMERICAN SAVINGS ASSOCIATION, First Federal Savings & Loan Association, Appellants, Blue Valley Federal Savings & Loan Association, Home Savings Association, Appellant, Sentenel Federal Savings & Loan Association of Kansas City, v. FEDERAL HOME LOAN BANK BOARD; Richard T. Pratt, Chairman, Federal Home Loan Bank Board; Andrew A. Diprete, Member, Federal Home Loan Bank Board; James Jackson, Member, Federal Home Loan Bank Board and Federal Savings and Loan Insurance Corporation, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided February 19, 1985.

Attorney(s) appearing for the Case

Frank P. Sebree, Warren E. Slagle, and Bernard B. Levine, Kansas City, Mo., for appellants.

Dorothy L. Nichols, Washington, D.C., for appellee.

Before ROSS and McMILLIAN, Circuit Judges, and DEVITT, District Judge.

ROSS, Circuit Judge.

This action was filed by five Kansas City, Missouri, Savings and Loan Associations seeking to invalidate the FSLIC and Federal Home Loan Bank Board's (Board) approval of Home Savings of America's (Home Savings) application for branch offices in the State of Missouri.1 The appellants claimed that Home Savings was not lawfully present in Missouri, and, therefore, it could not apply for branch offices; and that the Board...

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