[20190905]LSB10345_上诉法院扫清了信用社扩张条例的大部分障碍.pdf

CRS Legal Sidebar Prepared for Members and Committees of Congress Legal SidebarLegal Sidebari i Appeals Court Clears Most Roadblocks to Credit Union Expansion Regulations September 5, 2019 On August 16, 2019, a unanimous three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit (D.C. Circuit) upheld National Credit Union Administration (NCUA) regulations expanding the ability of community credit unions to draw members from wider geographic areas than previously permitted. The decision, American Bankers Association v. National Credit Union Administration, is an outgrowth of long-standing competition between community credit unions and community banks and is not likely to settle the issue. The appellate decision differs sharply from and largely reverses a 2018 district court decision that had vacated provisions of the credit union field-of-membership and chartering regulations, issued in 2016, and held them to be beyond the agencys authority under the Federal Credit Union Act (the Act). Whether the American Bankers Association (ABA) seeks further review, either from the D.C. Circuit sitting en banc or from the Supreme Court, the rivalry between community cre