Multiple Group Credit Unions : Litigation and Potential Legislative Responses.

Discusses the rationale and implications of the ruling in First National Bank and Trust Company v. National Credit Union Administration, 90 F.3d 525 (D.C. Cir. 1996), which limits the expansion of occupational and associational Federal credit unions consisting of more than one group having a common...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1996.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Credit unions. Actions and defenses. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Discusses the rationale and implications of the ruling in First National Bank and Trust Company v. National Credit Union Administration, 90 F.3d 525 (D.C. Cir. 1996), which limits the expansion of occupational and associational Federal credit unions consisting of more than one group having a common bond. Reviews background and proceedings of this and other litigation and assesses potential legislative responses to this ruling. Also examines whether banking industry has standing to challenge National Credit Union Administration (NCUA) rulings and whether the NCUA exceeded its authority in permitting multiple group expansion.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.