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

Past Meetings

5Nov2025

Advisory Council on Workers’ Compensation Meeting

11/5/2025 2:00 PM

Meeting Date and Time
Wednesday, November 5, 2025 at 2:00 p.m. CT

Location
Cordell Hull Office Building
House Hearing Room II
425 Rep. John Lewis Way North
Nashville, Tennessee 37243

Documents to download

Public_Meeting_Notice_ACWC_11.05.2025(.pdf, 213.03 KB) - 694 download(s)
ACWC__09242025_Meeting_Minutes(.pdf, 483.28 KB) - 857 download(s)
Agenda_ACWC_11.05.2025(.pdf, 236.6 KB) - 671 download(s)
NCCI-Presentation_ACWC_11.05.2025(.pdf, 340.4 KB) - 504 download(s)
Lewis-Ellis-Presentation_ACWC_11.05.2025(.pdf, 330.1 KB) - 459 download(s)
ByNAC-Presentation_ACWC_11.05.2025(.pdf, 276.55 KB) - 646 download(s)

24Sep2025

Advisory Council on Workers’ Compensation Meeting

9/24/2025 2:00 PM - 3:00 PM

Meeting Date and Time
Wednesday, September 24, 2025 at 2:00 p.m. CT

Location
Cordell Hull Office Building
House Hearing Room III, 1st floor
425 Rep. John Lewis Way North
Nashville, Tennessee 37243

Documents to download

ACWC-PublicMeetingNotice-09242025(.pdf, 192.28 KB) - 680 download(s)
ACWC-Agenda-09242025(.pdf, 206.22 KB) - 688 download(s)
ACWC_Minutes_11.14.2024_meeting_REVISED(.pdf, 353.24 KB) - 675 download(s)
TN_WC_Residual_Market_Administration__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 789.45 KB) - 952 download(s)
State_of_the_Line__NCCI_Presentation__ACWC_Meeting__09.24.2025_REVISED(.pdf, 309.95 KB) - 1575 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Presentation__ACWC_Meeting__09.24.2025(.pdf, 871.67 KB) - 664 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Report__ACWC_Meeting__09.24.2025(.pdf, 3.67 MB) - 702 download(s)
TN_WC_VoluntaryLossCost_and_AssignedRiskRateFilings__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 634.85 KB) - 1096 download(s)
WC_Product_and_Compliance_Review_TDCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 654.9 KB) - 704 download(s)

14Nov2024

Advisory Council on Workers’ Compensation Meeting

11/14/2024 1:00 PM

Meeting Date and Time
Thursday, November 14, 2024 at 1:00 p.m. CT

Location
Cordell Hull Building
Senate Hearing Room I
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

ACWC-PublicMeetingNotice-11142024(.pdf, 150 KB) - 942 download(s)
ACWC-Agenda-11142024(.pdf, 156.1 KB) - 923 download(s)
ACWC_Guidelines_for_the_Public(.pdf, 104.09 KB) - 684 download(s)
ACWC_Policy_for_Public_Comment_at_Meetings_of_Governing_Bodies(.pdf, 110.35 KB) - 888 download(s)
ACWC_MeetingMinutes_NOV_8_2023(.pdf, 317.71 KB) - 859 download(s)
ACWC_MeetingMinutes_OCT_10_2024(.pdf, 321.05 KB) - 1020 download(s)
BYNACReview-TNReport-NCCIFiling-03012025(.pdf, 3.63 MB) - 734 download(s)
LewisEllis-ACWCPresentation-11142024(.pdf, 338.18 KB) - 698 download(s)
ACWC_Lewis_Ellis_Review__TN_Report_NCCI_Filing__03.01.2025(.pdf, 1.48 MB) - 2312 download(s)
BYNAC__ACWC_Presentation__NOV_14_2024(.pdf, 246.62 KB) - 701 download(s)
NCCI__ACWC_Presentation__NOV_14_2024(.pdf, 206.04 KB) - 715 download(s)

10Oct2024

Advisory Council on Workers’ Compensation Meeting

10/10/2024 1:00 PM

Meeting Date and Time
Thursday, October 10, 2024 at 1:00 p.m. CT

Location
William R. Snodgrass Tennessee Tower
Nashville Room, 3rd Floor
312 Rosa L. Parks Avenue
Nashville, Tennessee 37243

Documents to download

ACWC-PublicMeetingNotice-10102024_Revised(.pdf, 149.15 KB) - 956 download(s)
ACWC_MeetingAgenda_10.10.2024(.pdf, 156.57 KB) - 955 download(s)
ACWC_MeetingMinutes_11-8-2023(.pdf, 317.71 KB) - 942 download(s)
ACWC_GuidelinesForPublicCommentAtMeetings(.pdf, 105.53 KB) - 899 download(s)
ACWC_PublicCommentPolicy(.pdf, 113.99 KB) - 717 download(s)
NCCI_Tennessee_Workers_Compensation_Voluntary_Loss_Cost_Assigned_Risk_Rate_Filings(.pdf, 800.53 KB) - 1121 download(s)
NCCI_Tennessee_Workers_Compensation_Residual_Market_Administration(.pdf, 715.06 KB) - 1075 download(s)
Elevate_Consulting_Statistical_Report(.pdf, 1.17 MB) - 962 download(s)
Elevate_Consulting_Statistical_Report_Presentation(.pdf, 848.54 KB) - 741 download(s)
TN_DCI_Overview_of_TNs_Workers_Compensation_Market_Conditions_and_Environment(.pdf, 462.87 KB) - 801 download(s)

8Nov2023

Advisory Council on Workers’ Compensation

11/8/2023 1:00 PM

Meeting Date and Time
Wednesday, November 8, 2023 at 1:00 PM CT

Location
Cordell Hull Building
Senate Hearing Room I
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

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.

Documents to download

Public_Meeting_Notice__ACWC_11.08.2023(.pdf, 152.55 KB) - 1296 download(s)
Meeting_Agenda_ACWC_11.08.2023(.pdf, 189.35 KB) - 1256 download(s)
ACWC-September2023-Meeting-Minutes(.pdf, 330.68 KB) - 1377 download(s)
TBG_TN_Report_NCCI_Filing_03.01.2024(.pdf, 2.42 MB) - 1019 download(s)
BYNAC_TN_Report_NCCI_Filing_03.01.2024(.pdf, 3.63 MB) - 1106 download(s)
NCCI_Presentation_11.08.2023(.pdf, 402.86 KB) - 1083 download(s)
TBG_Presentation_11.08.2023(.pdf, 740.83 KB) - 988 download(s)
BYNAC_Presentation_11.08.2023(.pdf, 245.42 KB) - 1075 download(s)

20Sep2023

Advisory Council on Workers’ Compensation Meeting

9/20/2023 9:00 AM

The Advisory Council on Workers’ Compensation will convene on September 20, 2023, at 9:00 a.m. Central Time in the Cordell Hull Building Senate Hearing Room I located at 425 Rep. John Lewis Way N., Nashville, Tennessee 37243.

Documents to download

ACWC-Agenda-09202023(.pdf, 189.43 KB) - 1257 download(s)
ACWC-PublicMeetingNotice-09202023(.pdf, 152.08 KB) - 1217 download(s)
ElevateConsultingStatisticalReport-PresentationSeptember2023(.pdf, 843.32 KB) - 1014 download(s)
ElevateConsultingStatisticalReport-September2023(.pdf, 1.82 MB) - 1181 download(s)
NCCI-TN-WorkersCompVoluntaryLossCostAssignedRiskRateFilings-September2023(.pdf, 441.01 KB) - 1189 download(s)
NCC-TN-WorkersCompResidualMarketAdmin-September2023(.pdf, 1016.89 KB) - 1208 download(s)
TN-DCI-OverviewTNS-WorkersCompMarketConditionsEnvironment-September2023(.pdf, 1.59 MB) - 1249 download(s)
ACWC-November2022-Meeting-Minutes(.pdf, 306.97 KB) - 1211 download(s)

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