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SUBURBAN NATIONAL BANK OF PALATINE v. FEDERAL RESERVE BANK OF CHICAGO

No. 89 C 4987.

727 F.Supp. 402 (1989)

SUBURBAN NATIONAL BANK OF PALATINE, a National Banking Association, Plaintiff, v. The FEDERAL RESERVE BANK OF CHICAGO, Defendant.

United States District Court, N.D. Illinois, E.D.

September 13, 1989.

Attorney(s) appearing for the Case

Alan L. Fulkerson, Peter G. Fitzgerald, Riordan Larson Bruckert & Moore, Chicago, Ill., for plaintiff.

Elizabeth A. Knospel, Anna M. Voytovich, Federal Reserve Bank of Chicago, Chicago, Ill., for defendant.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

The plaintiff Suburban National Bank of Palatine ("Suburban") filed this action against the Federal Reserve Bank of Chicago ("Reserve"), pursuant to 12 U.S.C. § 632, which confers federal jurisdiction over civil suits in which a Federal Reserve Bank is a party. The Reserve now moves to dismiss the complaint. For the reasons stated below, we deny this motion.

The complaint is based on a banking...

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