Coronavirus Pandemic Planning for State Banks, Credit Unions, and Public Trust Companies
March 18, 2020
Nashville, TN – To: Chief Executive Officers of State Banks, Credit Unions, and Public Trust Companies
From: Commissioner Greg Gonzales Date: March 16, 2020
Subject: Pandemic Planning
As Tennessee continues to respond to COVID-19 (Coronavirus), the Tennessee Department of Financial Institutions is providing general guidance and highlighting resources in an effort to help financial institutions minimize potential disruptions of services to consumers, businesses, and communities.
Tennessee Department of Financial Institutions provides guidance to State Banks, Credit Unions, and Public Trust Companies in reponse to Coronavirus Pandemic.
Tennessee Consumer Affairs Releases 2016 Top 10 Consumer Complaints
March 7, 2017
Nashville, TN – The Tennessee Department of Commerce and Insurance’s (TDCI) Division of Consumer Affairs announces the top 10 complaint categories for 2016 by Tennessee consumers.
The home improvements category ranked as the No. 1 complaint category with more than 400 consumer complaints.
Tennessee Consumer Affairs Releases Top 10 Consumer Complaints received in 2017
Tennessee Department of Financial Institutions takes Possession of Trust Company Bank in Memphis
May 1, 2016
Nashville, TN – The Tennessee Department of Financial Institutions (“Department”) took possession of Trust Company Bank, Memphis, Tennessee at 4:00pm CDT on April 29th, 2016.
The Department has appointed the Federal Deposit Insurance Corporation (“FDIC”) as Receiver of the Bank effective upon the Department taking possession of Trust Company Bank.
Tennessee Department of Financial Institutions took possession of Trust Company Bank due to Trust Company Bank’s severely impaired capital, unsound condition and inability to continue normal operations.
