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The CFPB Consumer Advisory Board will hold a public meeting Feb. 25 in Washington to discuss the bureau's strategic outlook for 2016-2017 and financial well-being.

The meeting, set for 10:30 a.m. Eastern, is open to the public, but registration is required. The meeting should also be available via live streaming on the bureau's website.

CAB was created by the Dodd-Frank Act to advise and consult with the bureau on its functions and on emerging trends and practices in the consumer financial markets. To fill it, the bureau seeks out experts in the policy areas it focuses on – consumer protection, financial services, community development, fair lending – and representatives from depository institutions that primarily serve underserved communities. It must also seek representation of covered persons and consumers "without regard to party affiliation."

There is currently one credit union representative on CAB: Bill Bynum of Hope Federal Credit Union in Jackson, Miss.

CFPB has invited members of the public to apply through Feb. 29 for membership in CFPB's CAB, Credit Union Advisory Council and Community Bank Advisory Council. Any NAFCU members interested in a seat on the councils or board should contact NAFCU Senior Regulatory Affairs Counsel Michael Emancipator, memancipator@nafcu.org.