CREDIT UNION NAT. ASS'N v. NATIONAL CREDIT UNION

Nos. Civ.A. 95-164-A, Civ.A. 95-263-A.

57 F.Supp.2d 294 (1995)

CREDIT UNION NATIONAL ASSOCIATION, et al., Plaintiffs, v. NATIONAL CREDIT UNION ADMINISTRATION, Defendant. and National Association of State Credit Union Supervisors, et al., Plaintiffs, v. National Credit Union Administration, Defendant.

United States District Court, E.D. Virginia, Alexandria Division.

September 25, 1995.


Attorney(s) appearing for the Case

Teresa Ann Burke, Bingham, Dana & Gould, LLP, Washington, DC, for Credit Union National Association, Inc., Corporate Credit Union of Arizona, Georgia Central Credit Union, Missouri Credit Union League, Missouri League Corporate Credit Union, Virginia League Corporate Federal Credit Union, County Catholic Credit Union, Ronald La Mascus, R.C. Robertson, Earl J. Ogolin, plaintiffs.

Kathryn Davis Ray, Washington, DC, Jeri K. Somers, U.S. Attorney's Office, Alexandria, VA, for National Credit Union Administration, defendant.


MEMORANDUM OPINION

HILTON, Chief Judge.

This matter came before the Court on cross motions for summary judgment. Plaintiffs in both of these actions, now consolidated before this Court, seek to overturn regulations recently promulgated by the National Credit Union Administration ("NCUA"), the agency charged with supervising the federal credit union system and the National Credit Union Share Insurance Fund. The Final Rule was issued by the NCUA on...

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