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

13Aug2026

Collateral Pool Board Meeting

8/13/2026 2:00 PM

Meeting Date and Time
Thursday, August 13, 2026 at 2:00 p.m. CT

Location
Tennessee State Capitol
Executive Conference Room, Ground Floor
600 Dr. M.L.K. Jr. Blvd.
Nashville, TN 37243

Documents to download

Collateral_Pool_Board_Public_Meeting_Notice_08132026(.pdf, 713.64 KB) - 58 download(s)
Collateral_Pool_Board_Agenda_08132026(.pdf, 204.06 KB) - 56 download(s)

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) - 893 download(s)
ACWC__09242025_Meeting_Minutes(.pdf, 483.28 KB) - 1064 download(s)
Agenda_ACWC_11.05.2025(.pdf, 236.6 KB) - 871 download(s)
NCCI-Presentation_ACWC_11.05.2025(.pdf, 340.4 KB) - 637 download(s)
Lewis-Ellis-Presentation_ACWC_11.05.2025(.pdf, 330.1 KB) - 632 download(s)
ByNAC-Presentation_ACWC_11.05.2025(.pdf, 276.55 KB) - 775 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) - 869 download(s)
ACWC-Agenda-09242025(.pdf, 206.22 KB) - 874 download(s)
ACWC_Minutes_11.14.2024_meeting_REVISED(.pdf, 353.24 KB) - 867 download(s)
TN_WC_Residual_Market_Administration__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 789.45 KB) - 1191 download(s)
State_of_the_Line__NCCI_Presentation__ACWC_Meeting__09.24.2025_REVISED(.pdf, 309.95 KB) - 1918 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Presentation__ACWC_Meeting__09.24.2025(.pdf, 871.67 KB) - 913 download(s)
Elevate_Trends-In-Workers-Compensation_Data_Report__ACWC_Meeting__09.24.2025(.pdf, 3.67 MB) - 963 download(s)
TN_WC_VoluntaryLossCost_and_AssignedRiskRateFilings__NCCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 634.85 KB) - 1498 download(s)
WC_Product_and_Compliance_Review_TDCI_Presentation__ACWC_Meeting__09.24.2025(.pdf, 654.9 KB) - 903 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) - 1127 download(s)
ACWC-Agenda-11142024(.pdf, 156.1 KB) - 1099 download(s)
ACWC_Guidelines_for_the_Public(.pdf, 104.09 KB) - 793 download(s)
ACWC_Policy_for_Public_Comment_at_Meetings_of_Governing_Bodies(.pdf, 110.35 KB) - 1062 download(s)
ACWC_MeetingMinutes_NOV_8_2023(.pdf, 317.71 KB) - 1046 download(s)
ACWC_MeetingMinutes_OCT_10_2024(.pdf, 321.05 KB) - 1219 download(s)
BYNACReview-TNReport-NCCIFiling-03012025(.pdf, 3.63 MB) - 850 download(s)
LewisEllis-ACWCPresentation-11142024(.pdf, 338.18 KB) - 808 download(s)
ACWC_Lewis_Ellis_Review__TN_Report_NCCI_Filing__03.01.2025(.pdf, 1.48 MB) - 2653 download(s)
BYNAC__ACWC_Presentation__NOV_14_2024(.pdf, 246.62 KB) - 814 download(s)
NCCI__ACWC_Presentation__NOV_14_2024(.pdf, 206.04 KB) - 821 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) - 1131 download(s)
ACWC_MeetingAgenda_10.10.2024(.pdf, 156.57 KB) - 1125 download(s)
ACWC_MeetingMinutes_11-8-2023(.pdf, 317.71 KB) - 1126 download(s)
ACWC_GuidelinesForPublicCommentAtMeetings(.pdf, 105.53 KB) - 1071 download(s)
ACWC_PublicCommentPolicy(.pdf, 113.99 KB) - 822 download(s)
NCCI_Tennessee_Workers_Compensation_Voluntary_Loss_Cost_Assigned_Risk_Rate_Filings(.pdf, 800.53 KB) - 1236 download(s)
NCCI_Tennessee_Workers_Compensation_Residual_Market_Administration(.pdf, 715.06 KB) - 1192 download(s)
Elevate_Consulting_Statistical_Report(.pdf, 1.17 MB) - 1127 download(s)
Elevate_Consulting_Statistical_Report_Presentation(.pdf, 848.54 KB) - 866 download(s)
TN_DCI_Overview_of_TNs_Workers_Compensation_Market_Conditions_and_Environment(.pdf, 462.87 KB) - 933 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) - 1464 download(s)
Meeting_Agenda_ACWC_11.08.2023(.pdf, 189.35 KB) - 1422 download(s)
ACWC-September2023-Meeting-Minutes(.pdf, 330.68 KB) - 1554 download(s)
TBG_TN_Report_NCCI_Filing_03.01.2024(.pdf, 2.42 MB) - 1169 download(s)
BYNAC_TN_Report_NCCI_Filing_03.01.2024(.pdf, 3.63 MB) - 1218 download(s)
NCCI_Presentation_11.08.2023(.pdf, 402.86 KB) - 1175 download(s)
TBG_Presentation_11.08.2023(.pdf, 740.83 KB) - 1082 download(s)
BYNAC_Presentation_11.08.2023(.pdf, 245.42 KB) - 1166 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) - 1429 download(s)
ACWC-PublicMeetingNotice-09202023(.pdf, 152.08 KB) - 1390 download(s)
ElevateConsultingStatisticalReport-PresentationSeptember2023(.pdf, 843.32 KB) - 1145 download(s)
ElevateConsultingStatisticalReport-September2023(.pdf, 1.82 MB) - 1291 download(s)
NCCI-TN-WorkersCompVoluntaryLossCostAssignedRiskRateFilings-September2023(.pdf, 441.01 KB) - 1286 download(s)
NCC-TN-WorkersCompResidualMarketAdmin-September2023(.pdf, 1016.89 KB) - 1305 download(s)
TN-DCI-OverviewTNS-WorkersCompMarketConditionsEnvironment-September2023(.pdf, 1.59 MB) - 1357 download(s)
ACWC-November2022-Meeting-Minutes(.pdf, 306.97 KB) - 1385 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