National Courier Association and Purolator Courier Corp. v. The Board of Governors of the Federal Reserve System, Cameron Financial Corp., and Courier Express Corp., Intervenor. Independent Bankers Association of America, Inc., a Non-Profit Corporation v. The Board of Governors of the Federal Reserve System, Cameron Financial Corp., Intervenors’s Empirical Analysis
1975
Citation profile
39 federal appellate · 10 district · 4 state decisions
How this case has been cited
Cited by 85 later decisions (1 by the Supreme Court) — most recently June 2019 · most notably Mead Data Central, Inc. v. United States Department of Air Force (1977), Securities Industry Ass'n v. Board of Governors of the Federal Reserve System (1984)
39 federal appellate · 10 district · 4 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Citizens to Preserve Overton Park, Inc. v. Volpe · Environmental Protection Agency v. Mink · United States v. Morgan · Soucie v. David · Montrose Chemical Corporation of California v. Russell E. Train, Administrator, Environmental Protection Agency, Montrose Chemical Corporation of California v. Russell E. Train, Administrator, Environmental Protection Agency
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 85 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“As to what kinds of connections may qualify [as closely related to banking], at least the following seem to us within the statutory intent: 1. Banks generally have in fact provided the proposed services. 2. Banks generally provide services that are operationally or functionally so similar to the proposed services as to equip them particularly well to provide the proposed service. 3. Banks generally provide services that are so integrally related to the proposed services as to require their provision in a specialized form.”
6 later decisions quote this exact passage“Against this background, and reminding ourselves that the matter is one expressly committed by the statute to the Board, we think we owe considerable deference to the Board’s judgment that a particular activity is “closely related to banking.” Rather than define that term with any precision, therefore, we simply require that the Board go about making its “closely related” decision in a rea soned fashion consistent with the legislative intent. The Board must, we think, articulate the ways in which banking activities and the proposed activities are assertedly connected, and must determine, not arbitrarily or capriciously, that the connections are close. As to what kinds of connections may qualify, at least the following seem to us within the statutory intent.'...”
3 later decisions quote this exact passage“(8) shares of any company the activities of which the Board after due notice and opportunity for hearing has determined (by order or regulation) to be so closely related to banking or managing or controlling banks as to be a proper incident thereto. . . . In determining whether a particular activity is a proper incident to banking or managing or controlling banks the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such as greater convenience, increased competition, or gains in efficiency, that outweigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interests, or unsound banking practices.”
3 later decisions quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.