TN SB1870

Extends the mandatory examination cycle for Tennessee banks from annually to up to 24 months or longer at the commissioner's discretion, based on factors including management quality, capitalization, risk profile, and federal examination schedules

Removes the requirement for full-scope bank examinations every three years

Grants the commissioner authority to determine share insurance requirements for state credit unions, considering safety and soundness, economic impact, public confidence, and industry input

Extends credit union examination requirements from annually to up to 24 months or longer at the commissioner's discretion, using similar evaluation criteria as banks

Deletes Title 45, Chapter 4, Part 11 in its entirety and updates definitions related to federally insured depository institutions, bank holding companies, and international banking corporations