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SUBURBAN NAT. BANK v. TRANSAMERICA INS.

No. C2-88-2155.

438 N.W.2d 119 (1989)

SUBURBAN NATIONAL BANK, Appellant, v. TRANSAMERICA INSURANCE COMPANY, Respondent.

Court of Appeals of Minnesota.

April 4, 1989.

Attorney(s) appearing for the Case

George C. Hoff, Hoff & Allen, Eden Prairie, for appellant.

R.D. Blanchard, Galen L. Bruer, Thomas N. Crouch, Meagher, Geer, Markham, Anderson, Adamson, Flaskamp, & Brennan, Minneapolis, for respondent.

Heard, considered and decided by PARKER, P.J., and SCHUMACHER and SCHULTZ, JJ.

OPINION

SCHUMACHER, Judge.

Appellant bank, a link in a credit card financing program administered by Norwest Card Services, brought a breach of contract action against respondent insurance company. Appellant alleged that respondent wrongfully denied appellant's claim under a banker's bond issued by respondent for losses appellant incurred through a customer's deposit of invalid credit card sales slips. Appellant's summary judgment motion was denied and the...

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