The government has asked the federal appeals court in Washington to let credit unions add new companies to their fields of membership while the Supreme Court considers the AT&T Family Federal Credit Union case.

The National Credit Union Administration said it is essential that the appeals court suspend a lower court order that prevents credit unions from serving new companies.

Without the ability to diversify their membership, some of the 3,586 occupation-based credit unions may not survive until the Supreme Court decides on the case next year, NCUA said in its March 6 motion. - Jaret Seiberg

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