News & Events
News
Commissioner Gonzales Selected to FFIEC State Liaison Committee
Thursday, May 02, 2024 | 10:37am
The Federal Financial Institutions Examination Council (FFIEC) today announced the selection of Greg Gonzales to the FFIEC’s State Liaison Committee (SLC). Gonzales’s term runs from May 1, 2024, through April 30, 2026.
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News
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- COMMISSIONER GONZALES ANNOUNCES MAXIMUM EFFECTIVE RATE of INTEREST
News
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE APRIL 2, 2024
Tuesday, April 02, 2024 | 09:38am
NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on April 1, 2024.
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