Tennessee Legislature Wraps up 2022 Session

The 2022 portion of the 112th Tennessee General Assembly has concluded, marking the end of legislative business for the year. The 2022 session once again saw a coalition of credit unions, banks, and card companies team up to defeat harmful legislation that would have reduced interchange fee income that credit unions receive by 10%. While […]

NCUA Board Member Rodney Hood Visits Tennessee Roundtable

ncua board member rodney hood

NCUA Board Member Rodney Hood recently joined Tennessee credit unions in Nashville for a roundtable discussion. Thirteen credit unions were represented with more than 30 attendees. Credit unions discussed the current state of overdraft protection, fintech, crypto and digital currency, board modernization, and the CFPB. Board Member Hood focused on financial inclusion as the civil […]

2022 Legislative Regulatory Forum Highlights

AdvocacyUpdate

2022 Leg Reg Highlights 2021 Efforts and Looks to Future After being unable to host our typical winter event in 2021 due to COVID, credit unions across Tennessee were glad to be back in Nashville for the 2022 Legislative and Regulatory Forum. With an outstanding lineup of speakers, credit unions heard from regulatory and advocacy […]

Does Your Staff Know the Red Flags of Financial Exploitation?

Nearly five million older Americans are abused each year, creating an estimated $36.5 billion annual loss for victims. Financial exploitation occurs when one person misuses or takes the financial assets of a vulnerable adult for his or her benefit. This happens most often to adults who are elderly, disabled or both. Here are some of […]

TCUL Advocacy Update – May 13, 2021

AdvocacyUpdate

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 Update – April 8, 2021

AdvocacyUpdate

Nashville After months of hustle and bustle in the state legislature, credit union business is beginning to head for a conclusion. The much discussed interchange legislation, thanks to so many of you, was defeated for this year in both committees of record. While it will certainly be back, its defeat allows us to focus our […]

TriStar Advocacy Report

AdvocacyUpdate

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

AdvocacyUpdate

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

AdvocacyUpdate

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

AdvocacyUpdate

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 […]