Wednesday - November 4, 2026
TENN. FINANCIAL INSTITUTIONS COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE NOVEMBER 3, 2026
November 04, 2026
NASHVILLE, Tennessee, Nov. 4 -- Tennessee Department of Financial Institutions issued the following news:

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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE NOVEMBER 3, 2026

November 03, 2026

NASHVILLE--Commissioner of Financial Institutions Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 11.00 percent per annum.

The rate is based on a ceiling of 4 percent over the weekly ave . . .

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