Skip to Content

About TDFI

 

 

 

 

 

 

 

 

For most Tennesseans, financial institutions are symbols of security. Their role in business and industry is crucial to the growth of our country's economy and our own personal well being.

The Department of Financial Institutions has legal responsibility for ensuring that Tennessee financial institutions remain fiscally strong and comply with governing authority. In its supervisory role, the department actively regulates and examines the safety and soundness of each state-chartered financial institution. Additionally, the department handles consumer complaints involving these financial institutions.

In Tennessee, banking is big business. As of March 31, 2013, the Tennessee Department of Financial Institutions regulated:

  • 155 State-chartered Banks
  • 101 State-chartered Credit Unions
  • 8 Trust Companies
  • 2 Business and Industrial Development Corporations (BIDCO)
  • 1,043 Industrial Loan and Thrift Companies (TILT)
  • 54 Insurance Premium Finance Companies
  • 1,126 Mortgage Companies & Branches, 4,843 Mortgage Originators
  • 494 Mortgage Brokers, Lenders, and Servicers
  • 864 Title Pledge Lenders
  • 670 Check Cashers
  • 1,218 Deferred Presentment Services Companies
  • 72 Money Transmitters

    • Commissioner Greg Gonzales

    Commissioner Greg Gonzales

    Greg Gonzales is the 18th commissioner of the Tennessee Department of Financial Institutions, who began serving in this role in 2005, and was reappointed by Governor Bill Haslam. He has served in the department since 1986. In this position, Gonzales serves as Tennessee's chief regulatory officer of all state-chartered depository and licensed non-depository financial institutions. Additionally, he has served as assistant commissioner and general counsel for the department.

    Click here for Commissioner Gonzales' bio

     

    TDFI News

    Calculator on top of Cash

    • TENNESSEE DEPARTMENT OF FINANCIAL INSTUTIONS RECOGNIZES ITS 100th ANNIVERSARY

      May 31 , 2013

      NASHVILLE-Written by Commissioner Greg Gonzales.

    • ...More

    • TENNESSEE GOVERNOR HASLAM, PROCLAIMS MARCH 20, 2013 AS TENNESSEE DEPARTMENT OF FINANCIAL INSTITUTIONS 100TH ANNIVERSARY

      March 20, 2013

      NASHVILLE-on March 20, 1913, Governor Ben W. Hooper signed Public Chapter 20 into law creating the Tennessee Banking Department.

      PROCLAMATION

    • TENNESSEE DEPARTMENT OF FINANCIAL INSTITUTIONS PARTNERS WITH STATE TREASURER TO PROMOTE AMERICA SAVES WEEK

      February 20, 2013

      NASHVILLE-The Tennessee Department of Financial Institutions (TDFI) and the TNStars College Saving Program, which is part of the Tennessee Treasury Department, will join America Saves and the American Savings Education Council to celebrate America Saves Week, Feb. 25 - March 2, 2013. America Saves Week is a national effort to promote an opportunity for consumers across America to make more conscientious efforts to save their money.

      PROCLAMATION

    • ...More

    • Tennessee Department of Financial Institutions Report on Title Pledge Industry

      April 16, 2012

      NASHVILLE-The Tennessee Department of Financial Institutions 2012 Report on the Title Pledge Industry is now available. ...More

    • 2011 Tennessee Department of Financial Institutions Annual Report

      March 15, 2012

      NASHVILLE-The Tennessee Department of Financial Institutions 2011 Annual Report is now available. ...More

    • National Mortgage Settlement

      February 9, 2012

      NASHVILLE- Tennessee is participating in a state-federal mortgage servicing settlement with the nation's five largest servicers: Bank of America, Chase, Citi, GMAC/Ally Financial, and Wells Fargo. This agreement will provide several new servicing standards to improve communications with these servicers, and also relief to eligible homeowners such as loan modifications, refinancing, principal reduction, and short sales. ...More

    • TDFI, Mortgage Regulation Section Receives Accreditation

      December 29, 2010

      WASHINGTON, D.C.-The Conference of State Bank Supervisors (CSBS) announces that the Tennessee Department of Financial Institutions, Mortgage Regulation Section has received a certificate of accreditation, certifying that the Department maintains the standards and practices in state mortgage supervision set by the organization's Accreditation Program. The Tennessee Department of Financial Institutions is the fifth state to receive accreditation for mortgage supervision....More

    • ...More TDFI News

    Hot Topics

    Frequently Visited