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

24Feb2025

Collateral Pool Board Meeting

2/24/2025 1:30 PM

Meeting Date and Time
Monday, February 24, 2025, at 1:30 p.m. (Central Time)

Location
Virtual Meeting

Microsoft Teams Need help?

Join the meeting now
Meeting ID: 290 123 793 620
Passcode: 9uT7Ky66

Dial in by phone
+1 629-209-4396,,635808950# United States, Triune
Find a local number
Phone conference ID: 635 808 950#

Join on a video conferencing device
Tenant key: stateoftn@m.webex.com
Video ID: 117 201 413 8
More info

Documents to download

CollateralPoolBoardPublicMeetingNotice_02-24-2025(.pdf, 127.04 KB) - 32 download(s)
CollateralPoolBoardAgenda_02-24-2025(.pdf, 97.56 KB) - 33 download(s)

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) - 301 download(s)
CollateralPoolBoardAgenda_10-03-2024(.pdf, 61.47 KB) - 313 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) - 377 download(s)
CollateralPoolBoardMeetingVirtualAgenda_11-30-2023Revised(.pdf, 96.06 KB) - 373 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) - 436 download(s)
CollateralPoolBoardAgenda_06-07-2023(.pdf, 91.05 KB) - 428 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) - 467 download(s)
CollateralPoolBoardAgenda_03-02-2023(.pdf, 57.75 KB) - 436 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) - 14690 download(s)
CollateralPoolBoardPublicMeetingNotice20221017(.pdf, 73.6 KB) - 14398 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