Search
 

Court Dismisses Coalition's Complaint Against NCUA

ALEXANDRIA, VA -- U.S. District Judge Claude Hilton has dismissed the attempt by the Coalition For Credit Union Charter Options to overturn NCUA's regulations overseeing the disclosures and process credit unions must follow if they wish to change to mutual bank charters

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ALEXANDRIA, VA — U.S. District Judge Claude Hilton has dismissed the attempt by the Coalition For Credit Union Charter Options to overturn NCUA’s regulations overseeing the disclosures and process credit unions must follow if they wish to change to mutual bank charters.

The coalition brought the case in July of this year, arguing that the agency’s charter change procedures are more difficult and complicated than Congress meant them to be and that they imposed too great a burden on converting credit unions.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.