Feb. 19, 2013 – NAFCU representatives are set to attend tomorrow’s meeting of the CFPB Consumer Advisory Board, which will include remarks from bureau Director Richard Cordray, board members and attendees.
The CAB has 25 members, including Laura Castro de Cortes, vice president of alternative financial services at NAFCU-member Centris FCU in Omaha, Neb.
The board was created as directed by the Dodd-Frank Act. Its charge is to advise and consult with the bureau director on consumer financial issues.
Overall, the panel includes experts in consumer protection, financial services, community development, fair lending, civil rights, and consumer financial products or services. The group also includes representatives of depository institutions that primarily serve underserved communities, and from communities significantly affected by higher-priced mortgages.
Wednesday’s meeting will be held from 10-11:30 a.m. Eastern at CFPB headquarters.