Consider Serving on CFPB’s Credit Union Advisory Council
The CFPB will accept applications to its Credit Union Advisory Council (CUAC) July 3 – 16. In addition to the CUAC, the bureau coordinates with its Consumer Advisory Board, Community Bank Advisory Council, and the Academic Research Council.
The CUAC advises the CFPB on regulating consumer financial products or services via the unique perspective of credit unions. It shares information, analysis, and recommendations to better inform policy development, rulemaking, and engagement work. Membership is limited to employees of credit unions with total assets of $10 billion or less. Since the CFPB does not have direct supervision over credit unions with assets of less than $10 billion, the CUAC is how the bureau learns firsthand about how its rules and regulations affect credit unions.
For information and to apply, visit: https://acam.consumerfinance.gov/
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