News & Events
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE OCTOBER 13, 2021
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 October 12, 2021.
Read full story- Commissioner Gonzales Announces Non-Depository Financial Institution Annual Supervision Fee for Fiscal Year 2021-2022
- Announcement of Maximum Effective Rate of Interest on Home Loans
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE OCTOBER 5, 2021
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE SEPTEMBER 28, 2021
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE SEPTEMBER 21, 2021
- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE SEPTEMBER 14, 2021
Commissioner Gonzales Announces 2021 Bank Holiday Schedule
Bank Holiday Schedule In response to anticipated questions, this will serve as confirmation that Tennessee state-chartered banks may be closed on the following dates, in addition to federally designated holidays, provided that adequate notice is given to customers prior to the closing: • Friday, November 26, 2021 (in addition to Thursday, November 25, 2021) • Friday, December 24, 2021 and Monday, December 27, 2021 (in addition to Saturday, December 25, 2021)
Read full story