Forbes Names Tennessee Valley Federal Credit Union Best-In-State Credit Union in Tennessee
Tennessee Valley Federal Credit Union, based in Chattanooga, Tenn., has been recognized on the Forbes list of America’s Best-In-State Credit Unions 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was recently announced and can currently be viewed on the Forbes website. To […]
TCUL Advocacy Update – July 2021
First of all, THANK YOU to everyone who attended the Summer Advocacy Forum last week in Nashville. It was an incredible meeting, and we were so grateful to be able to gather in person once again with one another. Deb Sofield delivered a wonderful keynote on how to talk to your legislators – skills that […]
Are You a Credit Union Advocate? Join Us for Summer LegReg and DC Hike the Hill!
There are a few wonderful upcoming opportunities to be a credit union advocate! Join us to complete the “Be Active” star of the TriStar Advocacy Program! There’s Still Space for Summer LegReg! The Advocacy Forum features an outstanding list of speakers and you won’t want to miss this special summer event. Commissioner Greg Gonzales will […]
TCUL Advocacy Update – May 13, 2021
The first session of the 112th General Assembly of Tennessee concluded last week, bringing to a close a final flurry of activity from the state’s lawmakers. On the credit union front, the bill to increase the Homestead Exemption passed both chambers unanimously and, last week, was signed into law by Governor Lee. This brought our […]
TriStar Advocacy Report
Homestead Exemption Bill Hits a Snag We have a couple of big updates on the state-level advocacy front to report. First, our bill to increase the Homestead Exemption hit a massive snag as Legal Services filed it with the wrong caption. This essentially renders the bill inoperable because the bill would change sections of the […]
TriStar Advocacy Update – Early February, 2021
Things are starting to ramp up in Nashville at the General Assembly this month. Last Monday night, Governor Bill Lee gave his State of the State address to the legislative bodies, kicking off the main course of the legislative session. Of note in the speech was a proposal to spend $200 million on bringing broadband […]
Tri Star Advocacy Update – Late January 2021
This week at the Capitol is a relatively quiet one, with the legislature in a two week period of organizational recess in between the convening of the 112th General Assembly and the start of regular session. But the body did meet last week for a special session on education, called by Governor Bill Lee. In […]
Credit Unions Welcome New Legislators to the TN General Assembly
The Tennessee Credit Union League recently sent messages to all new members of the Tennessee legislature, welcoming them to their respective offices and promising to work with them for the good of credit unions and their members statewide. The message emphasized that credit unions are our nation’s financial first responders, always on the front lines […]
Amidst Calls to Expand CRA, Credit Unions Should Take Advantage of the Advancing TN Communities Site
It is no secret that our banking friends have, in addition to advocating for the elimination of credit unions’ tax-exempt status, longed to add credit unions to the Community Reinvestment Act. This is something we have fought from the Act’s inception, rightly arguing that credit unions do not need to be subject to the Act […]
What’s New in Governmental Affairs – August 13 Edition
Special Session Wraps Up The 111th General Assembly of Tennessee has concluded its extraordinary session this week with all three of the bills requested by Governor Lee passing both the House and the Senate. On the credit union front, the “Tennessee Covid-19 Recovery Act” was the only piece of legislation we were tracking. The bill […]