SEC. FED. SAV. BANK v. DIRECTOR, THRIFT SUPERVIS.

No. 90-50140-RV.

747 F.Supp. 656 (1990)

SECURITY FEDERAL SAVINGS BANK OF FLORIDA, et al., Plaintiffs, v. DIRECTOR, OFFICE OF THRIFT SUPERVISION, Defendant.

United States District Court, N.D. Florida, Panama City Division.

August 10, 1990.


Attorney(s) appearing for the Case

Fred M. Johnson, Fuller, Johnson & Farrell, Tallahassee, Fla., William L. Gardner, Morgan, Lewis & Bockius, Washington, D.C., for plaintiffs.

Asst. U.S. Atty., J.D. Roy Atchison, Pensacola, Fla., Aaron B. Kahn, Sr. Trial Atty. Office of Thrift Supervision, Washington, D.C., for defendant.


MEMORANDUM OPINION

VINSON, District Judge.

On July 25, 1990, after notice to the parties, a hearing was held on the plaintiffs' motion for a preliminary injunction. At the close of that hearing, I granted the plaintiffs' motion. This memorandum opinion supplements the findings made on the record at the hearing.

Security Federal Savings Bank of Florida (Security Federal) was originally chartered in Panama City, Florida, in 1952 as a mutual savings...

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