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

Event date: 12/6/2021 1:30 PM - 2:30 PM Export event
Shelli King
/ Categories: Collateral Pool Board

Collateral Pool Board

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.
This meeting will be conducted permitting participation by electronic or other means of communication pursuant to Tenn. Code Ann. § 8-44-108. Please contact Roger Henry at (615) 532-8722 for more information.
Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Roger Henry, no fewer 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 Collateral Pool Board at Andrew Jackson Building, 13th Floor; 502 Deaderick Street; Nashville, Tennessee 37243; (615) 532-8722, or Roger Henry by email at
Microsoft Teams meeting
Join on your computer or mobile app
Click here to join the meeting
Or call in (audio only)
+1 629-209-4396,,378940954# United States, Nashville
Phone Conference ID: 378 940 954#


Documents to download

Past Meetings

Collateral Pool Board

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
Join by phone:
Access Code: 171 961 0539

Documents to download

Collateral Pool Board Meeting

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

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

Documents to download

Collateral Pool Board Meeting

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

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

Documents to download

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

Contact Us

If you would like to participate in the Bank Collateral Pool:

Bank Collateral Pool
(615) 532-8722

Mailing Address

Bank Collateral Pool Board
P.O. Box 198785
Nashville, TN 37219-8785