Court of Appeals for the Seventh Circuit October 16, 1990, 89-3219 (Central National Bank of Mattoon v. United States Department of Treasury)

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United States · · · 16-10-1990

POSNER, Circuit Judge.

Central National Bank is one of two national banks in Mattoon, a town of 20,000 in downstate Illinois. After an investigation of the bank’s trust department, the Comptroller of the Currency, who regulates national banks, issued in 1987 a notice of intent to revoke the bank’s permission to provide trust services to its customers. The notice was issued pursuant to 12 U.S.C.

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