Central Bank, a Wisconsin Banking Corporation v. James E. Smith, Comptroller of the Currency

Plaintiff challenges the issuance by the Comptroller of the Currency of a banking charter to the Tri City National Bank of West Allis. The District Court rejected plaintiff’s arguments that the operation of the subject bank violates federal and state branch banking laws and that judicial review is frustrated by the inadequacy of the Comptroller's statement of the reasons for his action. Central Bank v. Smith, 398 F.Supp. 1403 (E.D.Wis.1975). We affirm.

In 1970, an application by the same organizers for the same location was rejected by the Comptroller on the ground that he believed they should…