Quantcast
General News

Banks, Credit Unions Spar in Court Over Meaning of ‘Local’

JAN 6, 2008 10:15pm ET

HARRISBURG, Penn. – In a scenario reminiscent of recent court challenges, lawyers for banks argued in federal court Friday that NCUA overstepped its legal boundaries when it approved a sprawling, six-county area covering more than 1.1 million people as a “well-defined, local community” for a nearby credit union.

To continue, please sign in or subscribe
Free 14-Day
Trial
  • Online access to premium credit union content
  • Daily and weekly e-newsletters with top headlines
  • Learn why thousands of credit union professionals rely on Credit Union Journal
No credit card needed
Digital
Subscription
  • Access to our Credit Union Journal mobile app
  • Special reports providing the latest industry information
  • High-level perspective and insights on credit union strategies and tactics
Have an account?
SIGN IN HERE
Remember me