Tennessee Valley Authority Group
| “ The Authority of eRepublik ” | |
| (TVA Group Slogan)
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Tennessee Valley Authority Group (Shortened TVA Group) is a corporation based in the USA and is comprised of many major organizations which operate multiple subsidies. Its employment figures rival that of the "Corporate Giants" of the USA and has a majorly complex overseas operation. It also is the first in eRepublik to operate a full-service banking system.
Contents
Current Operations
The current operations of TVA Group are best described by an ever-changing climate of the markets and investment trends. At current, there are six organizations under the control of TVA Group.
- American WorldWide is an international organization.
- Jewron Incorporated is an organization which is based in the USA.
- Nelco Industries is a construction-heavy international organization based out of Indiana, USA.
- Tennessee Valley Authority, the flagship organization, owns all the others and also directly manages multiple companies.
- Tennessee Valley Authority AUS is a subsidy of Tennessee Valley Authority and is comprised of "over-flow" companies.
- The Authority Bank of Commerce is the primary financial institution for TVA Group and offers many monetary services for account holders.
- Authority Singapura is based out of Singapore City, Singapore.
American WorldWide
- Authority Guard Armory is a Quality One weapons company based out of Nebraska, USA.
Authority Singapura
- Authority Singapura Food Q2 is a Quality Two food company based out of Singapore City, Singapore.
- Authority Singapura Weapons Q2 is a Quality Two weapons company based out of Singapore City, Singapore.
Jewron Incorporated
- Elijah's Big Wood Authority, a Quality Three wood company, is located in Tennessee, USA.
- Mjolnir's Authority Insurance, a Quality Three weapons company, is located in Colorado, USA.
- The Authority of eRebuglik, a Quality One housing company, is located in California, USA.
Nelco Industries
- Funke's Goodtime Family Band, a Quality Four hospital company, is located in Alaska, USA.
- The Squimm Group, a Quality Two wood company, is located in Pennsylvania, USA.
- The Cornballer, a Quality One gift company, is located in Arkansas, USA.
- Natural Life Food Company, a Quality Two food company, is located in California, USA.
- Bluth Company, a Quality One housing company, is located in Nebraska, USA.
Tennessee Valley Authority
- Authority Taco Stand, Quality Three, is a food company based out of Colorado, USA.
- Authority Housing Q3 is a Quality Three housing company based in Tennessee, USA.
- Authority Defense is a Quality One defense systems company based out of Virginia, USA.
- Authority Lumber Distributors is a Quality Three wood business based in Pennsylvania, USA.
- Authority Granary is a Quality Three grain company based out of California, USA.
The Authority Bank of Commerce
The Authority Bank of Commerce, or ABC and the Bank of Commerce, is an organization which specializes in banking and loaning services and works together with other banks such as The Florida Commerce Bank. See its wiki page for details.
Banking and Other Services
The Bank of Commerce also operates many services such as variable-yield savings accounts, checking accounts, business loans, and other unique services. It is the first banking system which incorporates an integrated checking system with multiple choices for savings accounts.
For more information, see the wiki entry: The Authority Bank of Commerce: Checking and Savings Accounts.
Historic Practices
TVA Group has operated since the beginning of January, 2009. It officially became known as a conglomerate when the organizations Nelco Industries (Kyle321n), American WorldWide (John Jay), and Jewron Incorporated (Jewitt) combined their accounts to form a single base for common business practices and make Tennessee Valley Authority. Over time, Jewron and American WorldWide would incorporate themselves into a practice of "money pooling" and become a tight-nit group of three organizations.
"Aggressive" April Expansion
On Day 507 of the New World, or 10th of April, 2009, TVA Group was founded to be the central owner of the then-three business organizations. On the next day, TVA Group would expand its Tennessee Valley Authority organization to include a subsidy of companies in Australia. On Day 510 of the New World, or 12th of April, 2009, The Authority Bank of Commerce would open to the public service market.
The expansion was spoken about by CEO John Jay,
| “ TVA would never reach its potential if it remained in the USA. It was time for a little aggressive expansion and I believe it was done at the right moment. ” |
Also during this time, The Authority Bank of Commerce would open up to public service.
Executive Staff
Although there are quite a few employees, there are three public Chief Officers at TVA Group.
