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Commissioner Gonzales Announces Weekly Formula Rate June 28, 2016

Tuesday, June 28, 2016 | 9:00am

NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.50 percent per annum.

The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.50 percent as published by the Federal Reserve on June 27, 2016.

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Gonzales Appointed to FFIEC State Liaison Committee

Wednesday, March 09, 2016 | 2:51pm

The Federal Financial Institutions Examination Council (Council) announced today the appointment of Tennessee Commissioner Greg Gonzales to the Council's State Liaison Committee.

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