The motion to dismiss will bring a quiet end to a stormy case that dragged out for nearly eight years and cost millions of dollars to defend. D.C. District Court dismisses the case, saying banks lack legal standing because they are not protected by the Federal Credit Union Act. Case is sent back to District Court. D.C. District Court rules in favor of credit unions. Judge John H. Pratt's decision upholds NCUA's 1982 policy allowing each credit union to serve more than one group.
Banks appeal again.
D.C. Circuit Court of Appeals reverses District Court again. Appeals Court rules each federal credit union must serve only one group. D.C. District Court Judge Thomas Penfield Jackson takes over the case for the late Judge Pratt. Judge Jackson issues a nationwide injunction barring federal credit unions from adding new groups and barring anyone from joining through existing groups. Federal credit unions are forced to turn away more than 4,000 applicants every business day.