Work-in-progress version of SherPa. Work-in-progress version of SherPa.
Tennessee
Last updated on 2012-01-01
General
not credit union specific
- Officer Loan Status
- Generally no, but SD carved out
- Officer Loan Comment
- This section does not apply to ... Advances to pay premiums on life insurance if the advance is secured by the cash value of the policy ...
- Officer Loan Statute
- Tennessee Code 48-58-303
Credit Union Information
- Split Dollar Process
- Allowed
- Split Dollar Comment
- Follows NCUA Opinion
- Parity Process
- Allowed
- Parity Comment
- Automatic
- Parity Statute
- —
- Alternative To Parity Request
- Permissible federal investments
- CDA Status
- Probably permissible
- CDA Comment
- SCCUs have same powers as FCUs under TCA 45-4-501(9). Risk that it could be unwound if CU suffers a rating downgrade.
- Director Compensation Status
- Compensation okay if the credit union formally based on expertise.
- Director Compensation Statute
- Tenn. Code Ann. § 45-4-205
- Credit Union Regulator
State Chartered Credit Unions
75 credit unions chartered in Tennessee
| Name | Charter Number | CEO | Total Assets | Net Worth | CA SD | Concentration |
|---|---|---|---|---|---|---|
| CONSUMER | 60056 | Amanda Kilday | $573,175,181 | $52,561,792 | $5,949,006 | 11.32% |
| PATRIOT EQUITY | 60082 | Fara Hall | $33,702,273 | $4,239,020 | $0 | 0% |
| MEMPHIS CITY EMPLOYEES | 60239 | Kenneth Swann | $455,012,942 | $63,201,150 | $5,000,000 | 7.91% |
| JOHNSONVILLE TVA EMPLOYEES | 60345 | Michael Warren | $143,816,049 | $18,570,084 | $0 | 0% |
| NASHVILLE FIREMEN'S | 60483 | Donya Johnson | $33,116,364 | $5,217,272 | $0 | 0% |
| LOWLAND | 60527 | Mark Creech | $137,605,115 | $9,602,964 | $1,014,625 | 10.57% |
| EPB EMPLOYEES | 60619 | Jerry Trotter | $41,540,952 | $3,936,523 | $0 | 0% |
| NEW SOUTH CREDIT UNION | 60645 | Richard Schulz | $79,199,596 | $10,183,037 | $0 | 0% |
| THE WEST TENNESSEE | 60726 | Kenneth Newberry | $19,956,519 | $1,699,759 | $0 | 0% |
| KIMBERLY CLARK | 60928 | Joel Forbess | $130,852,300 | $29,360,573 | $0 | 0% |
| LEADERS CREDIT UNION | 61185 | Todd Swims | $697,473,496 | $74,987,768 | $6,797,000 | 9.06% |
| CHATTANOOGA FEDERAL EMPLOYEES | 62537 | Mark Fraker | $61,886,377 | $10,535,642 | $0 | 0% |
| MEMORIAL | 63802 | Jennifer Ferris | $8,839,007 | $1,092,445 | $0 | 0% |
| GALLATIN STEAM PLANT | 63868 | Will Dennis | $6,989,291 | $1,050,818 | $0 | 0% |
| THE TENNESSEE CREDIT UNION | 66886 | RAFAEL RONDON | $417,020,672 | $31,926,225 | $0 | 0% |
| SOUTHERN | 66980 | Cindy Beale | $26,169,604 | $2,817,110 | $0 | 0% |
| NORTHEAST COMMUNITY | 67021 | Teresa Arnold | $183,961,430 | $23,089,588 | $0 | 0% |
| FIRST CHOICE COMMUNITY | 67185 | Carisa Chitwood | $48,760,728 | $6,131,984 | $0 | 0% |
| JACK DANIEL EMPLOYEES | 67197 | PAMELA CASE | $45,600,909 | $4,609,700 | $0 | 0% |
| UPS EMPLOYEES | 67608 | Blake Wood | $37,464,176 | $7,136,299 | $0 | 0% |
| TNCONNECT | 67666 | Martin Bradley | $80,181,951 | $5,034,651 | $2,009,547 | 39.91% |
| GREATER EASTERN | 67701 | Samantha Cantrell | $62,145,103 | $6,880,244 | $0 | 0% |
| LAKESIDE | 67713 | Karen Scott | $45,004,168 | $5,569,348 | $0 | 0% |
| US COMMUNITY | 67720 | Ben Johnson | $273,485,523 | $30,184,776 | $8,034,800 | 26.62% |
| BCBST EMPLOYEES | 67738 | Channon Hamilton | $13,656,331 | $1,960,151 | $0 | 0% |
| CREDIT UNION FOR ROBERTSON COUNTY | 67741 | Brenda Bellar | $83,834,938 | $8,306,849 | $0 | 0% |
| SCENIC COMMUNITY | 67747 | Kendall Foster | $149,792,206 | $16,497,719 | $0 | 0% |
| HERITAGE SOUTH COMMUNITY CU | 67748 | Laura Parham | $310,869,326 | $43,383,158 | $7,677,361 | 17.7% |
| YOUR BEST CREDIT UNION | 67757 | Joseph Menninger | $23,643,792 | $2,333,926 | $0 | 0% |
| BEACON FINANCIAL | 67776 | John Hunter | $28,470,570 | $2,459,123 | $0 | 0% |
| CITY EMPLOYEES | 67778 | LARRY PRESSLEY | $109,683,191 | $18,728,342 | $0 | 0% |
| P.I.A.S. | 67779 | Edward Chalifoux | $5,820,629 | $884,000 | $0 | 0% |
| EMPLOYEE RESOURCES | 67789 | Konda Bowling | $140,700,195 | $11,499,101 | $266,000 | 2.31% |
| MCNAIRY COUNTY EMPLOYEES | 67791 | NICKIE FRANKS | $1,815,528 | $440,271 | $0 | 0% |
| KNOX CO. EMPLOYEES | 67793 | Robin Addis | $12,357,364 | $1,799,720 | $0 | 0% |
| NASHVILLE POST OFFICE | 67922 | Jane Oberhellmann | $74,936,215 | $12,977,633 | $0 | 0% |
| DIXIE LINE | 67937 | Melissia Riddle | $13,666,597 | $2,087,571 | $0 | 0% |
| O.M.C. EMPLOYEES' | 67946 | Stephanie Young | $33,364,991 | $2,474,870 | $0 | 0% |
| BOWATER EMPLOYEES | 67970 | Matthew Holden | $248,323,696 | $17,919,476 | $0 | 0% |
| TENNESSEE DEPARTMENT OF SAFETY | 67971 | KAREN ALLRED | $11,583,419 | $2,058,916 | $0 | 0% |
| CORNERSTONE FINANCIAL | 67972 | Donna Young | $535,721,123 | $50,523,622 | $0 | 0% |
| APPLIANCE | 67976 | BOBBIE ROSS | $15,124,632 | $1,834,069 | $0 | 0% |
| M.P.D. COMMUNITY | 67979 | Stephanie Sessum | $35,011,727 | $3,186,055 | $401,980 | 12.62% |
| OLD HICKORY | 67982 | Bonnette Dawson | $322,427,049 | $26,806,400 | $0 | 0% |
| CN/IC EMPLOYEES | 68069 | SANDRA GRIFFIS | $8,722,084 | $1,542,961 | $0 | 0% |
| ST. THOMAS | 68071 | William Dunn | $34,115,869 | $3,408,418 | $0 | 0% |
| HOLLEY | 68073 | Van Bowden | $80,313,716 | $9,185,675 | $0 | 0% |
| MARYVILLE MUNICIPAL | 68077 | TOM BOYLE | $20,980,027 | $2,673,319 | $0 | 0% |
| FIRST SOUTH FINANCIAL | 68084 | W. Craig Esrael | $790,622,266 | $205,719,109 | $0 | 0% |
| KNOXVILLE TVA EMPLOYEES | 68085 | Glenn Siler | $3,626,986,288 | $310,700,133 | $0 | 0% |
| EASTMAN | 68095 | Kelly Price | $7,517,641,553 | $866,397,386 | $0 | 0% |
| HAPPY VALLEY | 68097 | Tonya Jeffers | $41,143,532 | $5,379,725 | $0 | 0% |
| KINGSTON TVA EMPLOYEES | 68098 | Marsha Adkisson | $2,646,720 | $570,726 | $0 | 0% |
| SKYLINE | 68100 | Virginia Brooks | $18,418,678 | $3,359,133 | $0 | 0% |
| TENNESSEE EMPLOYEES | 68101 | Tricia Cunningham | $31,751,931 | $5,609,486 | $0 | 0% |
| KINGSPORT PRESS CU | 68104 | Walter Salyers | $87,408,834 | $9,985,028 | $0 | 0% |
| VANDERBILT | 68119 | Mike McDonald | $51,699,512 | $4,166,188 | $0 | 0% |
| HARDIN COUNTY HOSPITAL EMPLOYEES | 68120 | Beverly Perry | $1,206,074 | $74,193 | $0 | 0% |
| PATHWAY | 68124 | Mark Rice | $6,787,674 | $410,798 | $0 | 0% |
| GREENEVILLE WORKS EMPLS. SAV. ASSN. | 68126 | Doris McAmis | $1,816,611 | $833,075 | $0 | 0% |
| GREENEVILLE CITY EMPLOYEES' | 68127 | April Humphreys | $12,493,204 | $3,092,053 | $0 | 0% |
| METROPOLITAN TEACHERS | 68135 | BEVERLY BARTON | $2,549,561 | $354,657 | $0 | 0% |
| HORIZON | 68138 | Mark Drinnon | $65,693,655 | $4,999,053 | $0 | 0% |
| HURD EMPLOYEES | 68144 | Carole Thornburg | $4,298,724 | $1,487,338 | $0 | 0% |
| ENBRIGHT | 68148 | Ronald Smith II | $87,294,682 | $8,374,773 | $2,364,010 | 28.23% |
| CEMC EMPLOYEES | 68149 | LORI VON PALKO | $2,455,386 | $424,264 | $0 | 0% |
| WCG EMPLOYEES | 68153 | Thomas Brewer | $1,334,539 | $193,577 | $0 | 0% |
| A.U.B. EMPLOYEES' | 68161 | Myrl Vaughn | $1,896,370 | $387,653 | $0 | 0% |
| OLIVET BAPTIST | 68165 | Marilyn Blanks | $783,779 | $64,297 | $0 | 0% |
| COLLEGEDALE | 68167 | Joy Traxler | $52,735,023 | $3,655,658 | $0 | 0% |
| GATEWAY | 68171 | Annette Passe | $13,204,764 | $988,092 | $0 | 0% |
| LIFEWAY | 68172 | Douglas Clinton | $46,825,089 | $4,363,830 | $0 | 0% |
| HEALTHCARE SERVICES | 68173 | SHANNON WALTERS | $24,508,187 | $3,408,496 | $0 | 0% |
| SMART CHOICE | 68513 | DENIS COLLINS | $3,918,345 | $362,972 | $0 | 0% |
| SOUTHEAST FINANCIAL | 68599 | John Jacoway | $467,523,548 | $33,882,262 | $0 | 0% |