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Pennsylvania High Court Ruling on Community Charters Still Months Away

HARRISBURG, Pa. -- Any decision by the Pennsylvania Supreme Court on two community charter cases as part of a long-running series of banker challenges could be at least three months away, officials said Friday.

By Jim Rubenstein | Updated on April 18, 2008

HARRISBURG, Pa. — Any decision by the Pennsylvania Supreme Court on two community charter cases as part of a long-running series of banker challenges could be at least three months away, officials said Friday.

Oral arguments on the most current case involving Belco Community CU’s conversion to a community charter were presented to the court on Wednesday. Attorneys for the Pennsylvania Credit Union Association, the Department of Banking and bank parties had in March presented arguments on two other CU cases involving Freedom CU and TruMark Financial CU.

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