Bankers again urged the Office the Comptroller of the Currency to preempt a Rhode Island law restricting bank insurance sales.

In 49 comment letters sent to the agency last week, bankers wrote that the state law significantly interferes with the sale of insurance by national banks and is therefore preempted by the National Bank Act.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.