Maine Bankers Ass'n v. Bureau of Banking

ROBERTS, Justice.

Maine Bankers Association appeals from a judgment of the Superior Court (Kennebec County, Alexander, J.) affirming a decision of the Superintendent of the Bureau of Banking that authorized Saco Valley Federal Credit Union to change its charter and to expand its membership. The Association argues that the Superintendent misconstrued the credit union field of membership statute and made findings based op insufficient evidence. We affirm the judgment.

In February 1994 Saco Valley applied to the Superintendent, pursuant to 9-B M.R.S.A § 873 (1980), to convert from a federally…