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

7Oct2026

Advisory Council on Workers' Compensation Meeting

10/7/2026 1:00 PM

Meeting Date and Time
Wednesday, October 7, 2026 at 1:00 p.m. CT

Location
Virtual meeting via Microsoft Teams

Documents to download

ACWC_Meeting_Public_Meeting_Notice_10.07.2026(.pdf, 330.53 KB) - 887 download(s)
ACWC_Meeting_Agenda_10.07.2026(.pdf, 362.72 KB) - 947 download(s)
ACWC_Meeting_Agenda_10.07.2026_REVISED(.pdf, 363.16 KB) - 984 download(s)
ACWC_Meeting_Minutes__07312026(.pdf, 261.41 KB) - 977 download(s)

31Jul2026

Advisory Council on Workers' Compensation Meeting

7/31/2026 1:00 PM

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

Location
Virtual meeting via Microsoft Teams

Documents to download

ACWC_Meeting_PublicMeetingNotice__07312026(.pdf, 331.27 KB) - 1140 download(s)
ACWC_Meeting_Agenda__07312026(.pdf, 388.61 KB) - 1277 download(s)
ACWC_Meeting_Agenda__07312026_REVISED(.pdf, 393.57 KB) - 1160 download(s)
ACWC_November_5_2025_Meeting_Minutes(.pdf, 422.24 KB) - 1040 download(s)

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) - 1510 download(s)
ACWC__09242025_Meeting_Minutes(.pdf, 483.28 KB) - 1710 download(s)
Agenda_ACWC_11.05.2025(.pdf, 236.6 KB) - 1475 download(s)
NCCI-Presentation_ACWC_11.05.2025(.pdf, 340.4 KB) - 1143 download(s)
Lewis-Ellis-Presentation_ACWC_11.05.2025(.pdf, 330.1 KB) - 1127 download(s)
ByNAC-Presentation_ACWC_11.05.2025(.pdf, 276.55 KB) - 1310 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) - 1508 download(s)
ACWC-Agenda-09242025(.pdf, 206.22 KB) - 1463 download(s)
ACWC_Minutes_11.14.2024_meeting_REVISED(.pdf, 353.24 KB) - 1475 download(s)
TN_WC_Residual_Market_Administration__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 789.45 KB) - 1957 download(s)
State_of_the_Line__NCCI_Presentation__ACWC_Meeting__09.24.2025_REVISED(.pdf, 309.95 KB) - 2672 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Presentation__ACWC_Meeting__09.24.2025(.pdf, 871.67 KB) - 1639 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Report__ACWC_Meeting__09.24.2025(.pdf, 3.67 MB) - 1691 download(s)
TN_WC_VoluntaryLossCost_and_AssignedRiskRateFilings__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 634.85 KB) - 2319 download(s)
WC_Product_and_Compliance_Review_TDCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 654.9 KB) - 1552 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) - 1689 download(s)
ACWC-Agenda-11142024(.pdf, 156.1 KB) - 1641 download(s)
ACWC_Guidelines_for_the_Public(.pdf, 104.09 KB) - 1228 download(s)
ACWC_Policy_for_Public_Comment_at_Meetings_of_Governing_Bodies(.pdf, 110.35 KB) - 1633 download(s)
ACWC_MeetingMinutes_NOV_8_2023(.pdf, 317.71 KB) - 1623 download(s)
ACWC_MeetingMinutes_OCT_10_2024(.pdf, 321.05 KB) - 1820 download(s)
BYNACReview-TNReport-NCCIFiling-03012025(.pdf, 3.63 MB) - 1354 download(s)
LewisEllis-ACWCPresentation-11142024(.pdf, 338.18 KB) - 1246 download(s)
ACWC_Lewis_Ellis_Review__TN_Report_NCCI_Filing__03.01.2025(.pdf, 1.48 MB) - 3243 download(s)
BYNAC__ACWC_Presentation__NOV_14_2024(.pdf, 246.62 KB) - 1262 download(s)
NCCI__ACWC_Presentation__NOV_14_2024(.pdf, 206.04 KB) - 1264 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) - 1719 download(s)
ACWC_MeetingAgenda_10.10.2024(.pdf, 156.57 KB) - 1686 download(s)
ACWC_MeetingMinutes_11-8-2023(.pdf, 317.71 KB) - 1678 download(s)
ACWC_GuidelinesForPublicCommentAtMeetings(.pdf, 105.53 KB) - 1613 download(s)
ACWC_PublicCommentPolicy(.pdf, 113.99 KB) - 1255 download(s)
NCCI_Tennessee_Workers_Compensation_Voluntary_Loss_Cost_Assigned_Risk_Rate_Filings(.pdf, 800.53 KB) - 1712 download(s)
NCCI_Tennessee_Workers_Compensation_Residual_Market_Administration(.pdf, 715.06 KB) - 1700 download(s)
Elevate_Consulting_Statistical_Report(.pdf, 1.17 MB) - 1682 download(s)
Elevate_Consulting_Statistical_Report_Presentation(.pdf, 848.54 KB) - 1367 download(s)
TN_DCI_Overview_of_TNs_Workers_Compensation_Market_Conditions_and_Environment(.pdf, 462.87 KB) - 1369 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) - 2057 download(s)
Meeting_Agenda_ACWC_11.08.2023(.pdf, 189.35 KB) - 2008 download(s)
ACWC-September2023-Meeting-Minutes(.pdf, 330.68 KB) - 2183 download(s)
TBG_TN_Report_NCCI_Filing_03.01.2024(.pdf, 2.42 MB) - 1741 download(s)
BYNAC_TN_Report_NCCI_Filing_03.01.2024(.pdf, 3.63 MB) - 1707 download(s)
NCCI_Presentation_11.08.2023(.pdf, 402.86 KB) - 1624 download(s)
TBG_Presentation_11.08.2023(.pdf, 740.83 KB) - 1518 download(s)
BYNAC_Presentation_11.08.2023(.pdf, 245.42 KB) - 1627 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) - 1969 download(s)
ACWC-PublicMeetingNotice-09202023(.pdf, 152.08 KB) - 1938 download(s)
ElevateConsultingStatisticalReport-PresentationSeptember2023(.pdf, 843.32 KB) - 1620 download(s)
ElevateConsultingStatisticalReport-September2023(.pdf, 1.82 MB) - 1814 download(s)
NCCI-TN-WorkersCompVoluntaryLossCostAssignedRiskRateFilings-September2023(.pdf, 441.01 KB) - 1720 download(s)
NCC-TN-WorkersCompResidualMarketAdmin-September2023(.pdf, 1016.89 KB) - 1801 download(s)
TN-DCI-OverviewTNS-WorkersCompMarketConditionsEnvironment-September2023(.pdf, 1.59 MB) - 1758 download(s)
ACWC-November2022-Meeting-Minutes(.pdf, 306.97 KB) - 1959 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
Megan Cassell	CFO, Builtwell Bank	Banking Industry
Joshua Cundiff	EVP, CFO, and COO, Southern Bank of Tennessee	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