Legal Opinion
First Acadiana Bank v. Federal Deposit Insurance Corp.
Court of Appeals for the First Circuit
Decided January 5, 1988No. 87-4126PublishedCited by 19 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
First Acadiana Bank seeks review of a final administrative order by the Federal Deposit Insurance Corporation. The FDIC found the Bank in violation of the Truth-in-Lending Act and FDIC regulations and ordered the Bank to reimburse certain customers. We affirm.
I
In 1984, the FDIC notified First Acadia-na Bank of Eunice, Louisiana, that it was in violation of the Truth-in-Lending Act and FDIC regulations. Since October 1, 1982, the Bank’s policy has been to require each car-loan borrower to employ a bank-approved attorney to prepare a valid chattel mortgage…
2Cases cited4 opinions
- Little Redhouse, Brady Tah, on Behalf of Themselves and Others Similarly Situated v. Quality Ford Sales, Inc., a Utah Corporation, and Thomas E. ReddCourt of Appeals for the Tenth Circuit · 1975
- Herby Berryhill and Lucille Berryhill v. Rich Plan of Pensacola, a CorporationCourt of Appeals for the Fifth Circuit · 1978
- Rosie Watts and Robert L. Watts v. Key Dodge Sales, Inc.Court of Appeals for the Fifth Circuit · 1983
- Alan R. Abbey v. Columbus Dodge, Inc. And the National Bank & Trust Company of ColumbusCourt of Appeals for the Fifth Circuit · 1979
3Cited by19 opinions
- Connie Edwards v. Your Credit, Inc.Court of Appeals for the Fifth Circuit · 1998
- Rodash v. AIB Mortgage Co.Court of Appeals for the Eleventh Circuit · 1994
- Cowen v. Bank United of Texas, FSBCourt of Appeals for the Seventh Circuit · 1995
- Inge v. Rock Financial Corp.Court of Appeals for the Sixth Circuit · 2002
- Cowen v. Bank United of Texas, FsbCourt of Appeals for the Seventh Circuit · 1995
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