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FIRST PREMIER BANK v. U.S. CONSUMER FINANCIAL

Civ. 11-4103-KES.

819 F.Supp.2d 906 (2011)

FIRST PREMIER BANK and Premier Bankcard, LLC, Plaintiffs, v. The UNITED STATES CONSUMER FINANCIAL PROTECTION BUREAU; and Timothy F. Geithner, in his official capacity as Secretary of the United States Department of the Treasury and acting Director of the Consumer Financial Protection Bureau, Defendants.

United States District Court, D. South Dakota, Southern Division.

September 23, 2011.

Attorney(s) appearing for the Case

Bryan R. Freeman , James P. McCarthy , Kelly G. Laudon , Lindquist & Vennum, P.L.L.P., Minneapolis, MN, Shane E. Eden , Vincent M. Roche , Davenport, Evans, Hurwitz & Smith, LLP, Sioux Falls, SD, for Plaintiffs.

John Robert Coleman , Bureau of Consumer Financial Protection, Washington, DC, for Defendants.

ORDER GRANTING PLAINTIFFS' MOTION FOR PRELIMINARY INJUNCTION

KAREN E. SCHREIER, Chief Judge.

Plaintiffs, First PREMIER Bank and PREMIER Bankcard, LLC (First Premier), move the court for a preliminary injunction to postpone and enjoin the October 1, 2011, effective date of the 2011 amendment to § 226.52 of Regulation Z. Defendants, The United States Consumer Financial Protection Bureau (the Bureau), and Timothy F. Geithner, oppose that motion.

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