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U.S. Court of Appeals for the First Circuit

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First Circuit holds that National Bank Act does not preempt Rhode Island’s statute requiring banks to pay interest on mortgage escrow accounts

September 22, 2025

Opinion

U.S. Chamber files coalition amicus brief urging First Circuit to hold that the National Bank Act preempts a Rhode Island law that sets the terms on which federally chartered banks may offer mortgage escrow accounts authorized by federal law

November 04, 2024

U.S. Chamber Coalition Amicus Brief

H. Rodgin Cohen, Matthew A. Schwartz, Shane M. Palmer, and Brandyn J. Rodgerson of Sullivan & Cromwell LLP served as outside counsel.

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