Raymond Sekula and L. Kathleen Sekula v. Federal Deposit Insurance Corporation Resolution Trust Corporation, Raymond F. Sekula and L. Kathleen Sekula

OPINION OF THE COURT

SCIRICA, Circuit Judge.

This is a dispute over the interpretation of a regulation governing the amount of insurance coverage provided for federally insured joint accounts in a failed savings and loan association. At issue is whether the funds in joint accounts are insured as a single unit or as multiple units and, specifically, whether the two holders of several joint accounts are insured for up to $100,000 or for up to $200,-000. Plaintiffs, Raymond and Kathleen Se-kula, contend the regulation provides that each of them is insured for up to $100,000 for funds held in their…