Judge blocks California bans on ATM fees
Published:
17 November 1999 y., Wednesday
A federal judge Monday granted a preliminary injunction blocking implementation of local bans on extra ATM fees, backing banks in their effort to keep charging non-customers added fees for using their cash machines. U.S. DISTRICT JUDGE Vaughn Walker_s preliminary injunction overturned ATM fee bans imposed by San Francisco and Santa Monica, Calif., saying federally chartered banks like Wells Fargo and Bank of America should not be subject to local ordinances. The battle over ATM fee bans intensified this month when San Francisco voters approved a new law that barred banks from "double dipping" by charging two fees - one by the consumer_s own bank and one by the bank that owns the ATM - for non-customer cash machine transactions. That ban, which had been due to go into effect in December, mirrored a measure passed earlier by the Santa Monica City Council that took effect last week.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »