I want to welcome you all to this meeting of the Credit Union Advisory Council, which has been convened to talk about consumer challenges in payment systems. I especially want to extend a warm welcome to the newest members, who are joining us for the first time since their appointment this year. I would also […]
CFPB Announces New Members of the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced the appointment of new consumer finance experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. All three bodies provide advice to CFPB leadership on a broad range of consumer financial issues and emerging […]
Prepared Remarks of CFPB Director Richard Cordray at the National Association of Federal Credit Unions
It is good to be here with you again this year. Thank you for inviting me back. The Consumer Financial Protection Bureau has enjoyed a great relationship with credit unions. We see eye-to-eye on many things, most of all that we both aim to serve Americans who are not only your “members” but also the […]
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau announced that it is seeking applications for positions on its advisory groups, the Consumer Advisory Board (CAB), the Credit Union Advisory Council (CUAC), and the Community Bank Advisory Council (CBAC), which serve as key resources to the Bureau by providing valuable input and on-the-ground perspectives.
The newly appointed board members include experts in consumer protection, financial services, community development, fair lending, civil rights, and consumer financial products or services. They also represent depository institutions that primarily serve underserved communities, and they represent communities that have been significantly impacted by higher-priced mortgage loans.