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GIRARD BANK v. BOARD OF GOVERNORS OF FEDERAL RESERVE

No. 84-3262.

748 F.2d 838 (1984)

GIRARD BANK, Heritage Bank National Association, Mellon National Corporation, and Heritage Bancorporation, Inc., Petitioners, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent, and The New Jersey Commissioner of Banking, Intervenor.

United States Court of Appeals, Third Circuit.

Decided November 27, 1984.

Attorney(s) appearing for the Case

William R. Norfolk, (argued), H. Rodgin Cohen, Michael Straus, Marcy Engel, Sullivan & Cromwell, New York City, Frank L. Bate, Shanley & Fisher, P.C., Newark, N.J., Martin G. McGuinn, Pittsburgh, Pa., for petitioners.

J. Virgil Mattingly, Jr. (argued), Richard M. Ashton, Bd. of Governors of the Federal Reserve System, Washington, D.C., for respondent.

Irwin I. Kimmelman, Dominick A. Mazzagetti, Robert M. Jaworski (argued), Trenton, N.J., for intervenor.

Before SEITZ, GIBBONS and HUNTER, Circuit Judges.

OPINION OF THE COURT

SEITZ, Circuit Judge.

Girard Bank ("Girard"), Heritage Bank National Corporation ("Heritage"), Mellon National Corporation ("Mellon"), and Heritage Bancorporation ("Bancorp") petition for review of an order of the Board of Governors of the Federal Reserve System (the "Board"). This court has jurisdiction to review the Board's order pursuant to 12 U.S.C. § 1848.

I.

Heritage is a national bank that has ninety branches...

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