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MISSOURI BANKERS ASS'N v. DIRECTOR

No. SC 85170.

126 S.W.3d 360 (2003)

MISSOURI BANKERS ASSOCIATION and Century Bank of the Ozarks, Appellants, v. DIRECTOR OF the MISSOURI DIVISION OF CREDIT UNIONS, The Credit Union Commission of the State of Missouri, Springfield Telephone Employees Credit Union, and Missouri Credit Union System, Inc., Respondents.

Supreme Court of Missouri, En Banc.

Rehearing Denied January 27, 2004.

Attorney(s) appearing for the Case

John S. Pletz, Jefferson City, for appellants.

Jeremiah W. (Jay) Nixon, Atty. Gen., James R. Layton, State Solicitor, Christie A. Kincannon, Jefferson City, Michael J. Wambolt, Kansas City, Asst. Attorneys Gen., James B. Deutsch, Thomas W. Rynard, Jefferson City, for respondents.

G. Alex Bartlett, Jefferson City, Amicus Curiae (The American Bankers Association).

Kurt P. Valentine, Jefferson City, Amicus Curiae (National Association of State Credit Union Supervisors).

Eric L. Richard, Washington, D.C., Amicus Curiae (Credit Union National Association of Washington, D.C.).

STEPHEN N. LIMBAUGH, JR., Judge.

Missouri Bankers Association (MBA) and Century Bank of the Ozarks (Century) appeal the judgment of the circuit court, which dismissed their appeal of a decision of the Credit Union Commission (Commission) to allow Springfield Telephone Employees Credit Union (STECU) to expand its field of membership. The basis of the dismissal was that MBA and Century, as mere economic competitors, lacked standing to contest the Commission's decision...

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