First Bank East v. Irving C. Bobeldyk

1. A state-chartered, federally-insured bank is allowed under 12 U.S.C. § 1831d, which extends the ""most-favored lender"" doctrine, to charge the highest interest rate allowed on the same class of loan. 2. The Regulated Loan Act extends a higher interest rate to a specified class of lender, rather than to a separate class of loan.