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Tennessee Municipal Bond Fund

A Message from Wade Morrell, President and CEO


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


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.


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

Kay Senter
TMBF Chair, Morristown Councilmember
Morristown Council
Ron Williams
TML President
Mayor of Farragut
B W Beasley
Bond Members
Milan Mayor
Gene Bowden
Mayor of Whiteville
Mike Callis
Bond Members
Portland Mayor
Linda Hayes
Mayor of White Bluff
White Bluff
Katie Lamb
Mayor of Collegedale
Collegedale Commissioner
Wade Morrell
TMBF President / CEO
TMBF Staff
Linda Mooningham
Director, Marketing Legal Coordinator
Marketing Representative
Marketing Representative
Marty Spears
Marketing Representative
Steve Queener
Marketing Representative
TMBF Staff
Charles W. Bone
Bond and Tax Counsel