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Bill > SJR0428


TN SJR0428

TN SJR0428
A RESOLUTION to recognize and congratulate Chattanooga Employees Federal Credit Union on the occasion of its 100th anniversary.


summary

Introduced
04/09/2025
In Committee
Crossed Over
04/17/2025
Passed
04/24/2025
Dead
Signed/Enacted/Adopted
05/01/2025

Introduced Session

114th General Assembly

Bill Summary

to recognize and congratulate Chattanooga Employees Federal Credit Union on the occasion of its 100th anniversary.

AI Summary

This resolution recognizes and honors Chattanooga Employees Federal Credit Union (CFCU) on its 100th anniversary, acknowledging its significant contributions to the local community's economic life. The resolution highlights that CFCU is a not-for-profit, member-owned financial institution chartered on January 13, 1925, and is the oldest established credit union in the region. It emphasizes the credit union's commitment to serving its members by offering a comprehensive range of financial products and services, allowing all family members of eligible individuals to join. The resolution also notes that members' savings are federally insured up to at least $250,000 through the National Credit Union Administration (NCUA), a U.S. Government agency. The Tennessee General Assembly formally commends CFCU's leadership, board members, and employees for their century of professional service, financial acumen, and unwavering commitment to quality and integrity, and extends best wishes for continued success. Additionally, the resolution includes a provision for preparing an official copy of the document for presentation.

Sponsors (2)

Last Action

Signed by Governor. (on 05/01/2025)

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