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UT Federal Credit Union gave the University of Tennessee Knoxville, University of Tennessee Martin, University of Tennessee Memphis Health & Sciences and Pellissippi State Community College scholarship money for their institutions which represents 5% of the credit unions interchange income received from debit and credit card usage at the annual meeting on March 1, 2016.� Since 1997 UT Federal Credit Union has given a combined total of $458,619.82 to these schools.