AFFLILIATIONS

Credit Union Affiliations 

The Tennessee Credit Union League was formed in 1934 as a 501C-3 non-profit trade association for Tennessee credit unions. It is the mission of the League to promote and support the success and advancement of credit unions in meeting their service and structural goals. The League accomplishes its mission by:

  • Positively influencing the legislative and regulatory atmosphere for credit unions
  • Providing operating support through training, education, compliance information and assistance
  • Providing industry specific research and communication support.

All Tennessee credit unions are eligible to join the Tennessee Credit Union League through payment of annual dues. Branches of foreign credit unions headquartered in another state may also gain access to the services provided by the Tennessee Credit Union League if the credit union is a member in good standing of the state league in which they are headquartered.

Tennessee Credit Union League  TCUL Link

 

 

 

 

Credit unions are chartered under either federal or state law.  Federally chartered credit unions are regulated by the National Credit Union Administration (NCUA), an independent agency of the U.S. Government. NCUA's three board members are nominated by the President and confirmed by the Senate.  State chartered credit unions are regulated by their state credit union department.  NCUA administers the federal insurance fund (NCUSIF), which covers all federal credit unions and most state chartered credit unions.  No taxpayer money is used for regulating and overseeing federal credit unions, as all activities of NCUA and the NCUSIF are funded by credit unions.

 

 

 


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