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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tennessee Commerce Bancorp (TN) (MM) | NASDAQ:TNCC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
From Jun 2019 to Jun 2024
A Tennessee bank owner must get prior Federal Reserve approval to pay dividends or increase debt.
The Fed released Tuesday an agreement with Tennessee Commerce Bancorp Inc. (TNCC). The Franklin, Tenn., company owns Tennessee Commerce Bank. Under the agreement, the bank holding company must get prior approval to declare or pay dividends or to incur, increase, or guarantee any debt.
The company also agreed to submit to the Fed a plan to maintain sufficient capital.
-By Jeff Bater, Dow Jones Newswires; 202 862 9249; jeff.bater@dowjones.com
1 Year Tennessee Commerce Bancorp (TN) (MM) Chart |
1 Month Tennessee Commerce Bancorp (TN) (MM) Chart |
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