Ghiglieri v. Ludwig

The questions presented in this appeal are whether a national bank that relocated its main office across state lines before June 1, 1997, could retain its pre-existing branches in its former home and whether it could establish a new branch at the site of its former main office. The district court concluded that Commercial National Bank of Texarkana could do neither. In light of this court’s recent decision in Ghiglieri v. Sun World National Association, 117 F.3d 309 (5th Cir.1997) and Arkansas law, we vacate and remand for entry of judgment in favor of appellants.1

I

In 1994, Commercial…