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FIRST NAT. v. NATIONAL CREDIT UNION ADMIN.

Civ. A. No. 90-2948 SSH.

772 F.Supp. 609 (1991)

FIRST NATIONAL BANK AND TRUST COMPANY, Piedmont State Bank, Lexington State Bank, Randolph Bank and Trust Company, Bankers Trust of North Carolina, and American Bankers Association, Plaintiffs, v. NATIONAL CREDIT UNION ADMINISTRATION, Defendant, and AT & T Family Federal Credit Union and Credit Union National Association, Inc., Defendants-Intervenors.

United States District Court, District of Columbia.

August 9, 1991.

Attorney(s) appearing for the Case

Michael S. Helfer, William J. Kolasky, Jr., Lance W. Edwards, John J. Gill and Michael F. Crotty, Washington, D.C., for plaintiffs.

Vaughn Finn and Theodore C. Hirt, Washington, D.C., for defendant.

Paul Joseph Lambert, Washington, D.C., for defendants-intervenors.

OPINION

STANLEY S. HARRIS, District Judge.

Plaintiffs, five North Carolina banks and the American Bankers Association, challenge decisions by the National Credit Union Administration (NCUA) approving amendments to the charter of the AT & T Family Federal Credit Union (AT & T Family) expanding its field of membership. They allege that when the NCUA approved the amendments, it acted arbitrarily and capriciously, and violated the statutory requirement...

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