JEFFERSON CITY, Mo. - The Missouri Bankers Association has filed an appeal with the Cole County Circuit Court concerning the state Credit Union Commission's decision to deny banks standing in Education Employees CU field-of-membership expansion. According to the Missouri Credit Union System, the bankers claim the Commission cannot deny them standing. Commissioner John Smith approved the application for EECU, now called Vantage Credit Union, to expand its FOM to include St. Louis, St. Charles, Jefferson, Cape Girardeau and Franklin counties, and his decision was published in the Feb. 15, 2001 Missouri Register. In March 2001, the Missouri Bankers Association and two banks located in EECU's FOM appealed Smith's decision to the Credit Union Commission. In March, the Commission dismissed the appeal due to lack of standing.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
From the July-31, 2002 issue of Credit Union Times Magazine • Subscribe!
Missouri bankers appeal CU Commiss. expansion decision for EECU
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
Resource Center
View All »
Measure and Monitor the Risks and Opportunities in Loan Portfolios
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
