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

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) - 865 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) - 2117 download(s)
Collateral Pool Board_meeting packet 2021-5-28(.pdf, 297.39 KB) - 1800 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) - 2260 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) - 2971 download(s)
Collateral Pool Board agenda_12-10-2020(.pdf, 10.26 KB) - 2163 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) - 2417 download(s)
Collateral Pool Board Agenda_10-02-2020(.docx, 14.68 KB) - 2226 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) - 2611 download(s)
Meeting Materials(.pdf, 5.92 MB) - 1134 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) - 2334 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) - 2341 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.

Ex-Officio Members

Member	Title/Department
David H. Lillard, Jr.	Treasurer, State of Tennessee
Greg Gonzales	Commissioner, Financial Institutions
Tyler Clinch	President / CEO, First Community Bank
Jerry Cooksey	CFO, Reliant Bank
Harold Carpenter	CFO, Pinnacle Bank
Bob Rial	Mayor, Dickson County
Dane Smith	Corporate Treasurer, First Horizon