Tennessee Department of Treasury · David H. Lillard, Jr., State Treasurer

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Boards and Commissions

Collateral Pool Board

Collateral Pool Board is administratively
attached to the Tennessee Department of Treasury

Global Profit

The Collateral Pool Board oversees the risk-sharing pool of collateral pledged by participating financial institutions to guarantee public deposits. The duties of the Board are found in TCA 9-4-508.

The Board oversees the operations of the Collateral Pool for Public Deposits, which was created to provide an alternative method for securing public deposits held by banks and savings institutions. Under the law governing the Pool, if a bank applied to and is accepted into the Collateral Pool, all of its public deposits are secured by the deposit of an amount of collateral determined by the Board to be required. Then, if there is a default by a bank or savings institution, the public depositors are made whole in a three (3) step process. 

• First, they receive any applicable federal deposit insurance.
• Next, the collateral pledged by the bank or savings institution under the Pool provisions issued to satisfy the claims.
• Finally, if the claims are not completely satisfied after steps one and two,the State Treasurer assesses the members of the Pool an amount sufficient to satisfy the claims.

Bank Collateral Pool

Allows banks and local governments statewide to participate in a pool designed to provide greater efficiency and a lower risk.

Learn about the Bank Collateral Pool

Board Meetings and Materials

Upcoming Meetings

Event date: 7/31/2026 1:00 PM Export event
Amanda Gargus
/ Categories: Boards and Commissions, Advisory Council on Workers' Compensation

Advisory Council on Workers' Compensation Meeting

The Advisory Council on Workers' Compensation will meet virtually at 1:00 p.m. on Friday, July 31, 2026.

Meeting Date and Time
Friday, July 31, 2026 at 1:00 p.m. CT

Location
Virtual meeting via Microsoft Teams

This will be a virtual meeting via video and teleconference, conducted pursuant to Tennessee Code Annotated § 8-44-108. The link, meeting ID, and passcode are provided below:

Link: https://teams.microsoft.com/meet/279755258811452?p=48ctRWH72MGoUXvsBD
Meeting ID: 279 755 258 811 452
Passcode: 5mN7du3Y

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact the Advisory Council on Workers’ Compensation no less than two (2) days prior to the scheduled meeting date to allow time for the Department of Treasury to arrange for an accommodation. You may contact the Advisory Council on Workers’ Compensation Staff by phone at (615) 347-3791 or by email to the Administrator, Kevin McNelis, at Kevin.M.McNelis@tn.gov.

Print
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Documents to download

Past Meetings

Meeting Date and Time
Monday, February 24, 2025, at 1:30 p.m. (Central Time)

Location
Virtual Meeting
 

Microsoft Teams Need help?

Join the meeting now
Meeting ID: 290 123 793 620
Passcode: 9uT7Ky66

Dial in by phone
+1 629-209-4396,,635808950# United States, Triune
Find a local number
Phone conference ID: 635 808 950#

Join on a video conferencing device
Tenant key: stateoftn@m.webex.com
Video ID: 117 201 413 8
More info

Documents to download

Read more

The Collateral Pool Board will meet on November 30, 2023, at 1:00 p.m. (Central Time). The meeting will be held virtually.  At the meeting, the Board will consider the items on the attached agenda.

Watch Meeting

 

Documents to download

Read more

The Collateral Pool Board will meet at 1:00 p.m. (Central Time) on Wednesday, June 7, 2023. This will be a virtual meeting that will take place via TEAMS application. This meeting will include members of the Collateral Pool Board who will be participating by electronic means of communication.

Documents to download

Read more

Collateral Pool Board Members

The Board is comprised of the State Treasurer, Commissioner of Financial Institutions, a local government representative, and four members of the banking community. 




Member Title/Department
David H. Lillard, Jr.
 Treasurer, State of Tennessee
 Ex-Officio Member
Greg Gonzales
 Commissioner, Financial Institutions
 Ex-Officio Member
Tyler Clinch President / CEO, First Community Bank of East Tennessee Banking Industry
Megan Cassell CFO, Builtwell Bank Banking Industry
Karen Paris Trustee, Williamson County
 Local Government
Dane Smith Corporate Treasurer, First Horizon Banking Industry
Arthur Taylor CFO, Citizens Bank of Lafayette Banking Industry

Contact Us

If you would like to participate in the Bank Collateral Pool:

Bank Collateral Pool
(615) 532-8722

Collateral.Pool@tn.gov

Mailing Address

Bank Collateral Pool Board
P.O. Box 198785
Nashville, TN 37219-8785