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FIRST NAT. BANK v. NATIONAL CREDIT UNION ADMIN.

Civ. A. No. 90-2948.

863 F.Supp. 9 (1994)

FIRST NATIONAL BANK, et al., Plaintiffs, v. NATIONAL CREDIT UNION ADMINISTRATION et al., Defendants.

United States District Court, District of Columbia.

September 15, 1994.

Attorney(s) appearing for the Case

A. Douglas Melamed, Wilmer, Cutler & Pickering, Washington, DC, for plaintiffs.

Paul J. Lambert, Bingham, Dana & Gould, Washington, DC, for defendants-intervenors.

Kenneth L. Doroshow, U.S. Dept. of Justice, Washington, DC, for defendants.

MEMORANDUM OPINION

JOHN H. PRATT, District Judge.

On September 9, 1994, this Court conducted a hearing to consider whether the National Credit Union Administration's ("NCUA") interpretation of the "common bond provision" in the Federal Credit Union Act ("FCUA")1 conflicts with the clear intent of Congress or whether the Court must defer to the NCUA's interpretation. The issue has been well-briefed on both sides. Based...

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