WAUKESHA STATE BANK v. NATIONAL CREDIT UN. ADMIN.

No. 91-1285.

968 F.2d 71 (1992)

WAUKESHA STATE BANK and Wabank & Co., Petitioners, v. NATIONAL CREDIT UNION ADMINISTRATION BOARD, Respondent.

United States Court of Appeals, District of Columbia Circuit.

Decided June 23, 1992.


Attorney(s) appearing for the Case

Daniel W. Hildebrand, with whom Lynn M. Stathas, Madison, Wis., and Jerris Leonard, Washington, D.C., were on the brief, for petitioners.

Thomas M. Bondy, Dept. of Justice, with whom Stuart M. Gerson, Asst. Atty. Gen., and Anthony J. Steinmeyer, Washington, D.C., were on the brief, for respondent.

Before RUTH BADER GINSBURG, SENTELLE, and RANDOLPH, Circuit Judges.


Opinion for the Court filed by Circuit Judge SENTELLE.

SENTELLE, Circuit Judge:

Waukesha State Bank and its agent Wabank and Company (collectively "Waukesha" or "the Bank") petition this Court to review a decision of the National Credit Union Administration ("NCUA" or "the Administration") denying separate share insurance coverage on an account total of $295,000 in a failed credit union. The effect of the Administration's decision was to limit Waukesha's recovery...

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