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NASHVILLE--Commissioner of Financial Institutions Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 10.75 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 6.75 percent as published by the Federal Reserve on May 11, 2026.

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NASHVILLE --- Tennessee Gov. Bill Lee proclaimed May 16-22 as Safe Boating Week in Tennessee. In support of the statewide and national observance, the Tennessee Wildlife Resources Agency (TWRA) will participate in the annual National Safe Boating Week, reminding all boaters to refresh their boating safety skills and prepare for the upcoming summer boating season.

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