Tennessee Municipal Bond Fund

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  • Kay Senter
    TMBF Chair, Morristown Councilmember
  • Bobby King
    TML President
  • Gene Bowden
    Mayor of Whiteville
  • Linda Hayes
    Mayor of White Bluff
  • Katie Lamb
    Mayor of Collegedale
  • Wade Morrell
    TMBF President / CEO
  • Linda Mooningham
    Director, Marketing Legal Coordinator
  • Charles W. Bone
    Bond and Tax Counsel
  • Kevin Krushenski
    Marketing Representative
    kkrushenski@tmbf.net
  • Steve Queener
    Marketing Representative
  • Marty Spears
    Marketing Representative
  • Justin Hanson
    Marketing Representative
    jhanson@tmbf.net

A Message from Wade Morrell, President and CEO

About

The Tennessee Municipal Bond Fund ("TMBF") creates and administers various types of loan programs for the benefit of cities and counties. As an entity of the Tennessee Municipal League, TMBF works closely with city officials to structure cost-effective and flexible borrowing options. Any governmental purpose project qualifies for financing through the TMBF programs. The loan size and/or repayment term typically determines which program a borrower utilizes. Types of projects include but are not limited to schools, roads, utilities, public buildings, jails, equipment, and any other project considered to be of benefit to the public. Project funds are available for any size government.

Contact Information: TMBF 226 Anne Dallas Dudley Blvd., Suite 502 Nashville, Tenn 37219 Phone: 615-255-1561 Fax: 615-255-7428

History

Created in 1985, TMBF, began making loans in 1986. Since its inception, programs administered by TMBF have resulted in total borrowings by local governments in Tennessee of nearly $5 billion. Many borrowers have multiple loans through one or more programs. Loan sizes range from $4,500 to $68 million. More than 280 local governments have utilized the services of TMBF resulting in tremendous cost savings for these borrowers. The interest rate on the popular variable rate pooled loan program has averaged under 1.20% since 1986.

Administration

TMBF is governed by a Board of Directors and staff that is ready to serve you.