ALEXANDRIA, Va. — The Federal District Court for Eastern Virginia has set a date for the NCUA to reply to a legal complaint over its charter change regulations.
According to the court, NCUA has until September 10 to defend its regulations overseeing the process by which credit unions change their charters to mutual banks against a legal complaint filed by the Coalition for Credit Union Charter Options.
The banker led group filed a complaint against the agency on July 11.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
