Legal Opinion

Illinois ex rel. Lignoul v. Continental Illinois National Bank & Trust Co.

District Court, N.D. Illinois

Decided December 29, 1975No. Nos. 75 C 2027, 75 C 3144PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION

WILL, District Judge.

This opinion disposes of cross motions for summary judgment filed by Continental Illinois National Bank (Continental) and First National Bank (First National) as well as the State’s Commissioner of Banks and Trust Companies in related cases brought by the Commissioner. The state seeks declaratory and injunctive relief with respect to the defendant’s use of Customer Bank Communication Terminals (CBCTs). Specifically, the issue is whether or not CBCTs are “branches” under the McFadden Act, 12 U.S.C. § 36, and subject to the Act’s proscriptions regarding…

2Cases cited8 opinions

  1. First National Bank in St. Louis v. MissouriSupreme Court of the United States · 1924
  2. First National Bank in Plant City v. DickinsonSupreme Court of the United States · 1969
  3. First Nat. Bank of Logan v. Walker Bank & Trust Co.Supreme Court of the United States · 1966
  4. Lyons Savings & Loan Ass'n v. Federal Home Loan Bank BoardDistrict Court, N.D. Illinois · 1974
  5. Colorado Ex Rel. State Banking Board v. First National Bank of Fort CollinsDistrict Court, D. Colorado · 1975

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3Cited by6 opinions

  1. Independent Bankers Ass'n of America v. SmithCourt of Appeals for the D.C. Circuit · 1976
  2. 38 Collier bankr.cas.2d 443, Bankr. L. Rep. P 77,446 in Re Cynthia Clark, Debtor-Appellee-Cross-Appellant v. Appeal of Chicago Municipal Employees Credit Union, Creditor-Appellant-Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1997
  3. Clark v. Appeal of Chicago Municipal Employees Credit UnionCourt of Appeals for the Seventh Circuit · 1997
  4. Clark v. Appeal of Chicago Municipal Employees Credit UnionCourt of Appeals for the Seventh Circuit · 1997
  5. McErlean v. UNION NAT'L BK. OF CHICAGOAppellate Court of Illinois · 1980

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