Oiciyapi Federal Credit Union v. National Credit Union Administration

MAGILL, Circuit Judge.

The Oiciyapi Federal Credit Union petitions for review of the National Credit Union Administration (NCUA) Board’s decision to suspend its charter and place it into involuntary liquidation. Oiciyapi argues that the charges on which the Board’s action was based are not supported by substantial evidence and that the action itself was arbitrary, capricious, and an abuse of discretion because the Board did not adopt the administrative law judge’s recommended decision, because the decision was based in part on unconstitutionally vague criteria, and because the sanction imposed…