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.
Judge Sets Hearing In Community CUCase
July 21, 2005, 1:00 a.m. EDT 1 Min Read
