Connecticut branches of national banks need not obey a state order barring them from charging nondepositor customers for use of their automatic teller machines, U.S. District Judge Janet Bond Arterton has ruled.
Reaching all the way back to the U.S. Supreme Court’s moss-covered decision in McCulloch v. Maryland (1819), Arterton finds in First Union National Bank v. Burke that only the federal government has the authority to enforce regulations affecting a national bank’s ATMs.
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