Tennessee Code Title 45. Banks and Financial Institutions § 45-2-619

(i) An insured bank as defined in § 3 of the Federal Deposit Insurance Act (12 U.S.C. § 1813);

(ii) A mutual savings bank as defined in § 3 of the Federal Deposit Insurance Act;

(iii) An insured credit union as defined in § 101 of the Federal Credit Union Act (12 U.S.C. § 1752);

(iv) A member as defined in § 2 of the Federal Home Loan Bank Act (12 U.S.C. § 1422); a savings association as defined in § 3 of the Federal Deposit Insurance Act that is an insured depository institution as defined in the act; or

(v) An association or entity that is wholly owned by or that consists only of institutions referred to in subdivisions (a)(1)(A)(i)-(iv); and

(i) Is domiciled in Tennessee;

(ii) Has a branch lawfully doing business in Tennessee pursuant to this part;

(iii) Is a federally chartered institution described in (a)(1)(A)(i)-(v); or

(iv) Is a state chartered institution described in (a)(1)(A)(i)-(v); provided, that the home state of the institution does not prevent or limit a Tennessee chartered institution's ability to own or operate similar devices in the home state. If the home state has those restrictions, then out-of-state institutions from the home state may own or operate to the same extent and under the same terms and conditions that would apply to a Tennessee institution in the home state; and