Tennessee

• Volunteer State Lawmakers Mull CU Volunteer Pay Measure

  By Peter Strozniak  |  March 1, 2013

  Tennessee becomes second state in past two months to take up whether to allow credit unions to compensate board members.

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  MBL Bill Reintroduced: How Much Fight Is Left On Hike?

  By Michelle A. Samaad  |  February 27, 2013

  Surrounding the chocolates, roses and love-filled greeting cards that made the rounds in Washington on Valentine’s Day, was an announcement from Rep. Ed Royce (R-Calif.) re-introducing a bill that would increase the member business lending cap from 12.25% of assets to 27.5%.

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  LICU Expansion, Distance From Cap Seen Blunting Need for MBL Cap Fight

  By Michelle A. Samaad  |  February 25, 2013

  Participation loans also seen as way to boost business as member business lending cap hike reintroduced again in Congress.

• Hope FCU Mobile App to Aid Low-Income Members

  By David Morrison  |  February 20, 2013

  William Bynum, CEO of the 28,000 member, $161 million Hope Federal Credit Union, believes the Jackson, Miss.-based credit union’s new mobile app is the first step in what he and the credit union foresee as an effort to make widespread banking and financial management solutions available to lower income people...

• ORNL FCU Planning 33rd Branch

  By Marc Rapport  |  February 13, 2013

  Tennessee credit union said move follows strong 2012.

• Johnson City FCU in East Tennessee Expansion

  By Marc Rapport  |  January 30, 2013

  The $39 million Johnson City Federal Credit Union said it has expanded its service area to take in two more East Tennessee counties.

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  A Thousand Here, A Thousand There

  January 30, 2013

  A stay-at-home mother of four children ages 5 to 17 won the $1,000 match from Fort Campbell Federal Credit Union in Clarksville, Tenn., as part of Military Saves Week.

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  Mississippi Delta CEO Says App for Underserved Merely First Step

  By David Morrison  |  January 29, 2013

  Hope Federal Credit Union releases mobile app; CEO notes Mississippi has highest percentage of wireless homes in the nation.

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  Barks Named Chairman of St. Louis Fed Council; Padak Joins Group

  By Heather Anderson  |  January 25, 2013

  CEOs from Missouri, Illinois credit unions on regional depository institution advisory council.

• Dairy Farmers Cooperative to Pay $140 Million in Milk Price-Fixing Suit

  By Michelle A. Samaad  |  January 23, 2013

  The class action lawsuit alleged that Dairy Farmers of America worked with major processor, others, to curb competition in Southeast.