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POINSETT CTY. SAV. & LOAN ASS'N v. FEDERAL HOME

No. J C 80 72.

504 F.Supp. 610 (1980)

POINSETT COUNTY SAVINGS AND LOAN ASSOCIATION, An Arkansas Savings and Loan Association, plaintiff, v. FEDERAL HOME LOAN BANK BOARD: Joseph W. Keene, Jr., Supervisory Agent of the Federal Home Loan Bank Board; and Citizens Federal Savings and Loan Association of Jonesboro, a Member of the Federal Home Loan Bank, defendants.

United States District Court, E. D. Arkansas, Jonesboro Division.

December 29, 1980.

Attorney(s) appearing for the Case

Bill W. Bristow, Seay & Bristow, Jonesboro, Ark., for plaintiff.

Paul W. Grace, Harvey Simon, Federal Home Loan Bank Bd., Washington, D. C., Scott Hunter, Jonesboro, Ark., for Citizens FS&L of Jonesboro.

ORDER

OVERTON, District Judge.

Pending before the Court are motions for summary judgment filed by the defendants Federal Home Loan Bank Board and Citizens Federal Savings and Loan Association. This suit arises out of the Federal Home Loan Bank Board's decision to grant the application of Citizens Federal of Jonesboro, Arkansas, to establish a branch office in Trumann, Arkansas. Plaintiff Poinsett County Savings and Loan Association, along with certain other...

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