Iowa Takes Battle over ATM Fees to High Court

By Anason, Dean | American Banker, February 4, 2000 | Go to article overview

Iowa Takes Battle over ATM Fees to High Court


Anason, Dean, American Banker


WASHINGTON -

Government officials in Iowa are going to the U.S. Supreme Court in their battle with Bank One Corp. over regulating automated teller machines operated by national banks.

State Attorney General Tom Miller and Banking Superintendent Holmes Foster said they asked the justices in a filing Wednesday to overturn a lower court decision that one of Iowa's restrictive ATM laws does not apply to national banks.

Although the court fight began in 1997 as a dispute over whether Bank One could place ATMs in retail stores, it has expanded into a question about the legality of another Iowa statute that bans ATM surcharges.

Specifically, a three-judge panel of the U.S. Court of Appeals for the Eighth Circuit in St. Louis ruled in September that federal law pre-empts a state law barring banks without branches in Iowa from operating ATMs there. If upheld, that would mean Bank One could locate their machines in Sears, Roebuck and Co. stores as they originally intended. But Iowa officials and state-chartered banks fear the decision could lead to the undoing of the separate state Electronic Funds Transfer Act, which prohibits banks from imposing fees on noncustomers who use their ATMs.

"We are asking the court to uphold Iowa's law that requires universal ATM access without surcharges to all cardholders in the state, no matter who controls the ATM machine," Mr. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Iowa Takes Battle over ATM Fees to High Court
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.