ALEXANDRIA, Va. — The NCUA has filed briefs with FederalDistrict Court for the Eastern District of Virginia seeking to havethe court dismiss a case brought by the Coalition for Credit UnionCharter Options against its regulations governing the CU to bankcharter conversion process.

The Coalition of Credit Union Charter Options is a banker ledgroup that claims to include credit unions and which lobbies infavor of credit union to bank charter change. The organization hasnever released its membership list or even revealed how many CUs itclaims to have as members.

In its filing the agency challenged the suit on the grounds thatthe Coalition was complaining about regulations that had since beensuperseded and that the Coalition lacked standing to bring thecase.

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