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BANCINSURE, INC. v. MARSHALL BANK, N.A.

No. 05-4454.

453 F.3d 1073 (2006)

BANCINSURE, INC. Appellee, v. MARSHALL BANK, N.A., Appellant.

United States Court of Appeals, Eighth Circuit.

Filed: July 17, 2006.

Attorney(s) appearing for the Case

Thomas H. Boyd and Matthew R. McBride, Minneapolis, MN, for appellant.

David H. Gregerson and Mark Johnson, Minneapolis, MN, for appellee.

Before SMITH, HEANEY, and GRUENDER, Circuit Judges.

HEANEY, Circuit Judge.

Marshall Bank, N.A. (Marshall Bank) appeals the district court's1 grant of summary judgment in favor of BancInsure, Inc. (BancInsure). We affirm.

Marshall Bank is a banking corporation based in Hallock, Minnesota. BancInsure, an Oklahoma banking corporation, provided Marshall Bank with a standard financial institution bond that indemnified Marshall Bank for certain losses. Among other things, the bond provided...

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