Goleta National Bank v. O'DONNELL

MEMORANDUM & ORDER

HOLSCHUH, District Judge.

Goleta National Bank (“Goleta”) brought suit against F. Scott O’Donnell, Superintendent of Financial Institutions of the Ohio Department of Commerce (“O’Donnell”), seeking to enjoin him from pursuing a regulatory action against ACE Cash Express, Inc. (“ACE”), an Ohio corporation. Goleta and ACE have entered into a contract whereby ACE purportedly acts as Goleta’s agent in making loans to Ohio consumers. O’Donnell is seeking to enforce the Ohio Small Loan Act (“OSLA”) against ACE, but Goleta claims that the National Bank Act (“NBA”) preempts his…