Utah's bankers, fortified by a state Supreme Court ruling, are pushing
The lawsuit by the Utah Bankers Association is seeking to block credit
Such extended membership "just isn't right," said Lawrence W. Alder, the
"It's not what credit unions are all about, which is serving a select
The trade group sought a permanent injunction ordering each defendant
In late February the state Supreme Court reversed a lower court's
The case has now been remanded to district court, where the association
"We sued credit unions for what we perceived to be a violation of state
In the mid-1980s, then-Commissioner Elaine B. Wells adopted a policy of
Since then, at least 17 credit unions have expanded their fields of
Utah has 155 credit unions, more than twice the number of banks and
Christine Willmore, director of communications for the Utah League of
"Credit unions in no way compete with banks. Their earnings are nowhere
Ms. Willmore noted that about half of all credit unions have less than
"We feel there's room for both," she said.