Independent Bankers Association of America, a Corporation v. John G. Heimann, Comptroller of the Currency of the United States Department of Treasury

Opinion PER CURIAM.

The Independent Bankers Association of America (IBAA), a trade association of federal- and state-chartered banks, challenges an interpretive ruling issued by the Comptroller of the Currency that declares loan production offices (LPO’s) engaging in certain limited activities not to be “branches” within the meaning of 12 U.S-C. § 36(f) (1976). On IBAA’s motion for summary judgment, the United States District Court for the District of Columbia entered an order declaring the Comptroller’s ruling to be incorrect and ordering him to rescind the ruling and to refrain from further…