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

3Oct2024

Collateral Pool Board Meeting

10/3/2024 1:30 PM

Meeting Date and Time
Thursday, October 3, 2024 at 1:30 p.m. CT

Location
William R. Snodgrass Tennessee Tower
Tennessee Room 2, 3rd Floor
312 Rosa L. Parks Avenue
Nashville, Tennessee 37243

Documents to download

CollateralPoolBoardPublicMeetingNotice_10-03-2024(.pdf, 91.94 KB) - 140 download(s)
CollateralPoolBoardAgenda_10-03-2024(.pdf, 61.47 KB) - 158 download(s)

14May2024

Collateral Pool Board

5/14/2024 1:30 PM - 2:30 PM

Meeting Date and Time
Tuesday, May 14, 2024 at 1:30 p.m. CT

Location
Tennessee State Capitol
Ground Floor, Executive Conference Room
600 Dr. Martin Luther King, Jr. Blvd.
Nashville, Tennessee 37243

Documents to download

CollateralPoolBoard-PublicMeetingNotice-May14-2024(.pdf, 72.11 KB) - 297 download(s)
CollateralPoolBoard-Agenda-May14-2024(.pdf, 70.49 KB) - 314 download(s)

30Nov2023

Collateral Pool Board Meeting

11/30/2023 1:00 PM

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

CollateralPoolBoardMeetingVirtualNotice11-30-2023Revised(.pdf, 149.23 KB) - 236 download(s)
CollateralPoolBoardMeetingVirtualAgenda_11-30-2023Revised(.pdf, 96.06 KB) - 245 download(s)

7Jun2023

Collateral Pool Board Meeting

6/7/2023 1:00 PM

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

CollateralPoolBoardPublicMeetingNotice_06-07-2023(.pdf, 147.18 KB) - 272 download(s)
CollateralPoolBoardAgenda_06-07-2023(.pdf, 91.05 KB) - 286 download(s)

2Mar2023

Collateral Pool Board Meeting

3/2/2023 1:00 PM

The Collateral Pool Board will meet at 1:00 p.m. (Central Time) on Thursday, March 2, 2023. This will be an in-person meeting that will take place in the Tennessee Tower, 312 Rosa Parks Blvd, Nashville, TN 37243 in Conference Room E.

Documents to download

CollateralPoolBoardPublicMeetingNotice_03-02-2023(.pdf, 89.64 KB) - 316 download(s)
CollateralPoolBoardAgenda_03-02-2023(.pdf, 57.75 KB) - 311 download(s)

17Oct2022

Collateral Pool Board Meeting

10/17/2022 3:30 PM

The Collateral Pool Board will meet at 3:30 p.m. (Central Time) on Monday, October 17, 2022. This meeting will be conducted through Microsoft Teams. The meeting may be accessed through the following link: Click here to join the meeting

Documents to download

CollateralPoolBoardAgenda20221017(.pdf, 61.72 KB) - 14498 download(s)
CollateralPoolBoardPublicMeetingNotice20221017(.pdf, 73.6 KB) - 14258 download(s)

6Dec2021

Collateral Pool Board

12/6/2021 1:30 PM - 2:30 PM

The Collateral Pool Board will be meeting at 1:30 P.M. (Central Time) on December 6, 2021. The meeting will be conducted via Microsoft Teams.

Documents to download

Collateral Pool Board agenda_12-6-2021_(.pdf, 17.05 KB) - 10785 download(s)

28May2021

Collateral Pool Board

5/28/2021 1:00 PM - 2:00 PM

The Collateral Pool Board will meet at 1:00 p.m. (Central Time) on May 28, 2021 via Microsoft Teams.

Join the meeting by Teams.

Documents to download

Collateral Pool Board Public Meeting Notice_2021-5-28(.pdf, 118.57 KB) - 12012 download(s)
Collateral Pool Board_meeting packet 2021-5-28(.pdf, 297.39 KB) - 11691 download(s)

10Feb2021

Collateral Pool Board

2/10/2021 11:30 AM - 12:00 PM

The Collateral Pool Board will meet at 11:30 a.m. (Central Time) February 10, 2021 via WebEx. The Collateral Pool Board will consider matters relative to a Notice of Rulemaking approved at its December 2020 meeting.

Join the meeting via Webex

Documents to download

Collateral_Pool_Board_Public_Meeting_Notice_2_10_21(.pdf, 127.35 KB) - 12138 download(s)

10Dec2020

Collateral Pool Board

12/10/2020 1:30 PM - 2:30 PM

The Collateral Pool Board will meet on December 10, 2020, at 1:30 p.m. CT, via WebEx.

Documents to download

2020-12-10 Collateral_Pool_Board_Public_Meeting_Notice(.pdf, 90.7 KB) - 12867 download(s)
Collateral Pool Board agenda_12-10-2020(.pdf, 10.26 KB) - 12091 download(s)

2Oct2020

Collateral Pool Board

10/2/2020 2:30 PM - 3:30 PM

Meeting Date and Time
Friday, October 2, 2020 at 2:30 P.M. CT

In the interest of public safety and welfare, this meeting will be held by electronic means only and will not occur in a physical location.

Attend this meeting via WebEx

Meeting number: 171 961 0539
Password: rvSipkBR887
OR
Join by phone:
Dial: 1-415-655-0003
Access Code: 171 961 0539

Documents to download

Public Meeting Notice for Collateral Pool Board 10.2.20(.pdf, 90.75 KB) - 12489 download(s)
Collateral Pool Board Agenda_10-02-2020(.docx, 14.68 KB) - 12280 download(s)

3Feb2020

Collateral Pool Board Meeting

2/3/2020 2:00 PM - 3:00 PM

Meeting Date and Time
Monday, February 3, 2020 at 2:00 PM CT

Location
Cordell Hull Building (8th Floor)
Conference Room 8C
425 5th Avenue North
Nashville, TN

Documents to download

Public Meeting Notice(.pdf, 135.69 KB) - 12682 download(s)
Meeting Materials(.pdf, 5.92 MB) - 1768 download(s)

2Feb2018

Collateral Pool Board Meeting

2/2/2018 10:30 AM - 11:30 AM

Meeting Date and Time
Friday, February 2, 2020 at 10:30 AM CT

Location
Tennessee State Capitol Building
Executive Conference Room
600 Martin Luther King Jr. Blvd.
Nashville, Tennessee

Documents to download

Meeting Minutes(.pdf, 50.95 KB) - 12457 download(s)

7Sep2017

Collateral Pool Board Meeting

9/7/2017 3:30 PM - 4:30 PM

Meeting Date and Time
Thursday, September 7, 2017 at 3:30 PM CT

Location
Tennessee State Capitol Building
Conference Room G-11
600 Martin Luther King Jr. Blvd.
Nashville, Tennessee

Documents to download

Meeting Minutes(.pdf, 29.89 KB) - 12400 download(s)

28Jan2016

Collateral Pool Board Meeting

1/28/2016 2:00 PM - 3:00 PM

Meeting Date and Time
Thursday, January 28, 2016 at 2:00 PM CT

Location
Tennessee State Capitol Building
Conference Room G-11
600 Martin Luther King Jr. Blvd.
Nashville, Tennessee

View meeting minutes

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
Allison Myers	Financial Director, Town of Farragut	Local Government
Dane Smith	Corporate Treasurer, First Horizon	Banking Industry
Arthur Taylor	CFO, Citizens Bank of Lafayette	Banking Industry