FIRST NAT'L BANK V. WALKER BANK, 385 U. S. 252 (1966)

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U.S. Supreme Court

First Nat'l Bank v. Walker Bank, 385 U.S. 252 (1966)

First National Bank of Logan v. Walker Bank & Trust Co.

No. 51

Argued November 7-8, 1966

Decided December 12, 1966*

385 U.S. 252


The provisions of the National Bank Act, 12 U.S.C. § 36(c), which authorize a national banking association, with the Comptroller of the Currency's approval, to establish and operate branch banks if such operation is "at the time expressly authorized to State banks by the law of the State in question," place national and state banks on a basis of "competitive equality" as far as branch banking is concerned, and national banks may establish branches only in accordance with all requirements and conditions applicable to state banks by state law. Pp. 385 U. S. 256-262.

No. 51, 352 F.2d 90, and Nos. 73 and 88, affirmed.

Page 385 U. S. 253

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