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

12Jun2026

TCRS Audit Committee Meeting

6/12/2026 8:00 AM

Meeting Date and Time
Friday, June 12, 2026 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS_Public-Meeting-Notice_06.12.26(.pdf, 182.46 KB) - 638 download(s)
TCRS_Guidelines_for_the_Public_Comments(.pdf, 258.05 KB) - 423 download(s)
TCRS_Audit_Committee_Agenda_6.12.26(.pdf, 189.99 KB) - 407 download(s)

13Mar2026

TCRS Audit Committee Meeting - CANCELED

3/13/2026 8:00 AM

This meeting has been canceled.

Meeting Date and Time
Friday, March 13, 2026 at 8:00 a.m. CT

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

12Dec2025

TCRS Audit Committee Meeting

12/12/2025 8:00 AM

Meeting Date and Time
Friday, December 12, 2025 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS_All_Committees_Meeting_Notice_12_12_2025(.pdf, 105.29 KB) - 913 download(s)
TCRS Audit Committee Agenda 12.12.2025(.pdf, 135.35 KB) - 885 download(s)

12Sep2025

TCRS Audit Committee Meeting

9/12/2025 8:00 AM

Meeting Date and Time
Friday, September 12, 2025 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS_PublicMeetingNotice_9_12_2025(.pdf, 115.16 KB) - 998 download(s)
TCRS_Audit_Committee_Agenda_9_12_2025(.pdf, 185.82 KB) - 960 download(s)
TCRS_PublicMeetingNotice_9_12_2025_Revised(.pdf, 115.5 KB) - 867 download(s)

6Jun2025

TCRS Audit Committee Meeting

6/6/2025 8:00 AM

Meeting Date and Time
Friday, June 6, 2025 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS_Audit_Committee_Agenda_6_6_2025(.pdf, 178.12 KB) - 1021 download(s)
TCRS_PublicMeetingNotice_6_6_2025_Revised2(.pdf, 104.67 KB) - 909 download(s)

7Mar2025

TCRS Audit Committee Meeting

3/7/2025 8:00 AM

Meeting Date and Time
Friday, March 7, 2025 at 8:00 a.m. CT

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

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Bridget Dorse at (615) 741-7063 with the Tennessee Consolidated Retirement System no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact the Tennessee Consolidated Retirement System at 502 Deaderick Street, 15^th Floor, Andrew Jackson Building at (615) 741-7063 or the Board Administrator Jamie Wayman by email at jamie.wayman@tn.gov.

The attached guidelines indicate how a public comment may be made at the Board meeting or the Committee meetings.

Documents to download

TCRS_Board_Meeting_Public_Notice_March7-2025(.pdf, 104.45 KB) - 1244 download(s)
TCRS_Audit_Committee_Agenda_03.07.2025(.pdf, 174.62 KB) - 1265 download(s)

6Dec2024

TCRS Audit Committee Meeting

12/6/2024 8:00 AM

Meeting Date and Time
Friday, December 6, 2024 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS Audit Committee PublicMeetingNotice 12.06.2024(.pdf, 76.13 KB) - 1245 download(s)
TCRS-GuidelinesForThePublic_2024(.pdf, 98.57 KB) - 1062 download(s)
TCRS Audit Committee Agenda 12.06.2024(.pdf, 175.74 KB) - 1256 download(s)

6Sep2024

TCRS Audit Committee Meeting

9/6/2024 8:00 AM

Meeting Date and Time
Friday, September 6, 2024 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

TCRS-Board-of-TrusteesPublicMeetingNotice-09062024(.pdf, 74.81 KB) - 1474 download(s)
TCRSAuditCommitteeAgenda_09-06-2024(.pdf, 376.7 KB) - 1409 download(s)
TCRSAuditCommitteeAgenda_09-06-2024_REVISED-09-03-2024(.pdf, 155.63 KB) - 1342 download(s)

28Jun2024

TCRS Audit Committee Meeting

6/28/2024 8:00 AM

Meeting Date and Time
Friday, June 28, 2024 at 8:00 a.m. CT

Location
Cordell Hull Building
8th Floor, Conference Room C
425 Rep. John Lewis Way
Nashville, Tennessee 37243

Documents to download

TCRS Audit Committee Agenda 6-28-2024-REVISED(.pdf, 179.24 KB) - 1281 download(s)

22Mar2024

TCRS Audit Committee Meeting

3/22/2024 8:00 AM

Meeting Date and Time
Friday, March 22, 2024 at 8:00 a.m. CT

Location
Conference Room M on the Third Floor
William R. Snodgrass, Tennessee Tower

Documents to download

TCRS Public Meeting Notice 03 22 2024(.pdf, 74.89 KB) - 1414 download(s)
TCRS Audit Committee Agenda 03 22 2024(.pdf, 113.97 KB) - 1425 download(s)

1Dec2023

TCRS Audit Committee Meeting

12/1/2023 8:00 AM - 9:00 AM

Meeting Date and Time
Friday, December 1, 2023 at 8:00 AM CT

Location
Cordell Hull Building
8^th Floor, Conference Room C
425 5^th Avenue North
Nashville, Tennessee 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS_Public_Meeting_Notice_12012023_revised(.pdf, 75.04 KB) - 1534 download(s)
TCRS Public Meeting Notice 12 01 2023(.pdf, 75.23 KB) - 1520 download(s)
TCRS Audit Committee Agenda 12-01-2023(.pdf, 183.32 KB) - 1410 download(s)

29Sep2023

TCRS Audit Committee Meeting

9/29/2023 8:00 AM - 9:00 AM

Meeting Date and Time
Friday, September 29, 2023 at 8:00 AM CT

Location
Cordell Hull State Office Building
Conference Room C, 8th floor
425 Rep. John Lewis Way N.
Nashville, TN

Documents to download

TCRS Audit Committee Agenda 09.29.23(.pdf, 144.72 KB) - 1493 download(s)

23Jun2023

TCRS Audit Committee Meeting

6/23/2023 8:00 AM - 9:00 AM

Meeting Date and Time
Friday, June 23, 2023 at 8:00 AM CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, TN 37243

Documents to download

TCRS_BoardMeeting_PublicMeetingNotice_06-23-2023(.pdf, 74.51 KB) - 1429 download(s)
TCRSAuditCommitteeAgenda_2023-6-23_Revised(.pdf, 159.08 KB) - 1351 download(s)

31Mar2023

TCRS Audit Committee Meeting - CANCELED

3/31/2023 8:00 AM - 9:00 AM

Meeting Date and Time
CANCELED - Friday, March 31, 2023 at 8:00 AM CT

Location
William Snodgrass TN Tower
Conference Room B, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Documents to download

TCRS Audit Committee Agenda 03-31-2023(.pdf, 115.77 KB) - 1402 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