RICHMOND, Va. — A joint CUNA and NAFCU legal brief supporting NCUA in its legal case against the Coalition For Credit Union Charter Options charges the organization is a "stalking horse" for banks.

The CCUCO is appealing a previous Federal District Court ruling which threw out its legal effort to throw out the NCUA's regulations governing the credit union to bank charter conversion process.

In their brief supporting the agency, the associations suggested that CUCCO's reluctance to disclose the names of its members left it open to doubt about the honesty of its declarations to the court.

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