A metallic threaded composite fastener, particularly suited for high temperature applications, has a body member made of high temperature resistant composite material with a ceramic coating. The body member has a head portion configured to be installed in a countersunk hole and a shank portion which is noncircular and tapered. One part of the shank may be noncircular and the other part tapered, or the two types of surface could be combined into a frustum of a noncircular cone. A split collar member made of high strength, high temperature tolerant metal alloy is split into two halves and the interior of the halves are configured to engage the shank. The exterior of the collar has a circumferential groove which receives a lock ring to secure the collar halves to the shank. In the assembled condition torque may be transmitted from the body to the split collar by the engaged noncircular portions to install and remove the fastener assembly into or from a threaded aperture and shear loads in the collar threads are transferred to the shank tapered portion as a combination of radial compression and axial tension loads. Thus, tension loads may be applied to the fastener shank without damaging the ceramic coating
