Judge Sets Hearing In Community CUCase

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DALLAS - (07/21/05) -- NCUA is expected to tell a federalcourt that Community CU has no basis for a preliminary injunctionto block the agency's ruling invalidating its vote last month toconvert to a mutual savings bank. The U.S. District Court for theEastern District Court has given NCUA until August 2 to respond tothe $1.4 billion credit union suit, filed last Friday, and has seta hearing on the suit for August 17. NCUA will be represented bythe U.S. Department of Justice in the case.

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