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AMERICAN BANKERS ASS'N v. CONNELL

Civ. A. No. 77-2102.

447 F.Supp. 296 (1978)

AMERICAN BANKERS ASSOCIATION et al., Plaintiffs, v. Lawrence B. CONNELL, Jr., et al., Defendants.

United States District Court, District of Columbia.

March 7, 1978.

Attorney(s) appearing for the Case

William H. Smith, Johanna M. Sabol, Michael F. Crotty, Meyer Eisenberg, Leonard J. Rubin, Christine E. Carnavos, Washington, D. C., for plaintiffs.

J. Leonard Skiles, National Credit Union Administration, Joseph L. Gibson, Lewis K. Wise, Dept. of Justice, Washington, D. C., Fred M. Haden, Brian H. Rhatigan, Vienna, Va., for defendants.

MEMORANDUM

AUBREY E. ROBINSON, Jr., District Judge.

This is an action by the American Bankers Association and Tioga State Bank against the National Credit Union Administration ("NCUA") and its Administrator, challenging the statutory authority of Federal Credit Unions ("FCUs") to operate share draft programs under the Federal Credit Union Act (the "FCU Act"), 12 U.S.C. § 1751, et seq.1 The matter is before the Court...

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