Legal Opinion
Marquette National Bank of Minneapolis v. First of Omaha Service Corp.
Supreme Court of the United States
Decided December 18, 1978No. 77-1265PublishedCited by 191 opinions
1Opinion of the CourtJustice Brennan
The question for decision is whether the National Bank Act, Rev. Stat. § 5197, as amended, 12 U. S. C. § 85, 1 authorizes a national bank based in one State to charge its out-of-state credit-card customers an interest rate on unpaid balances allowed by its home State, when that rate is greater than that permitted by the State of the bank’s nonresident customers. The Minnesota Supreme Court held that the bank is allowed by § 85 to charge the higher rate. 262 N. W. 2d 358 (1977). We affirm.
I
The First National Bank of Omaha (Omaha Bank) is a national banking association with its charter address…
2Cases cited26 opinions
- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
- Radzanower v. Touche Ross & Co.Supreme Court of the United States · 1976
- Bank of Augusta v. EarleSupreme Court of the United States · 1839
- Train v. Colorado Public Interest Research Group, Inc.Supreme Court of the United States · 1976
- Farmers' & Mechanics' National Bank v. DearingSupreme Court of the United States · 1875
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3Cited by191 opinions
- Watters v. Wachovia Bank, N. A.Supreme Court of the United States · 2007
- Smiley v. Citibank (South Dakota), N. A.Supreme Court of the United States · 1996
- Kathy Kroske, an Individual v. Us Bank Corp., a Foreign Corporation Dba U.S. BankCourt of Appeals for the Ninth Circuit · 2005
- John A. Begala, Steven W. Borchers, Cynthia Edwards v. Pnc Bank, Ohio, National AssociationCourt of Appeals for the Sixth Circuit · 2000
- Miller v. YouakimSupreme Court of the United States · 1979
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