Credit union trade groups are pressing the banking industry to agree to delay court action in a controversial credit union membership case until Congress passes a law or adjourns.

The Credit Union National Association and the National Association of Federal Credit Unions in a March 4 letter to banking trade groups said Congress ought to be given time to decide whether all members of a credit union must share a single, common bond.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.