News & Events
News
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE APRIL 7, 2020
Tuesday, April 07, 2020 | 12:30pm
NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on April 6, 2020.
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News
- Commissioner Gonzales Announces Maximum Effective Rate of Interest
- Commissioner Gonzales Issues COVID-19 Guidance Regarding Premium Finance Agreements
- Commissioner Gonzales Issues Statement on Government Guaranteed Loans
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE MARCH 31, 2020
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE MARCH 24, 2020
- Commissioner Gonzales Issues Interim Guidance Relative to COVID-19 Pandemic
News
Pandemic Planning for State Banks, Credit Unions, and Public Trust Companies
Tuesday, March 17, 2020 | 07:45pm
As Tennessee continues to respond to COVID-19, the Department is providing general guidance and highlighting resources in an effort to help financial institutions minimize potential disruptions of services to consumers, businesses, and communities.
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