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March 08, 2016
CFPB's CUAC eyes strategic outlook, elder abuse March 24
NAFCU will attend CFPB's Credit Union Advisory Council meeting at 3 p.m. Eastern March 24, at which the bureau's strategic outlook and elder financial abuse will be discussed.
NAFCU Senior Regulatory Affairs Counsel Michael Emancipator and Regulatory Affairs Counsel Alexander Monterrubio will attend.
Recently, NAFCU submitted nominations for nine credit union representatives to serve on CFPB's CUAC. The bureau will announce newly selected members in August. The council has eight seats to fill this round.
CFPB's CUAC has 15 members, all of them from credit unions with $10 billion or less in assets. Newly appointed members will serve two-year terms. The CUAC was formed under the Dodd-Frank Act to provide direct feedback to CFPB on its policy development, research, rulemaking and engagement functions.
Several NAFCU members currently serve on CUAC. Those appointed include SAC Federal Credit Union President and CEO Gail DeBoer (Papillion, Neb.); Chevron Federal Credit Union Assistant Vice President of Compliance Katey Proefke (Oakland, Calif.); Orion Federal Credit Union Executive Vice President and CFO Jason Lee (Memphis, Tenn.); Heritage Trust Federal Credit Union President and CEO James McDaniel (Charleston, S.C.); Kirtland Federal Credit Union President and CEO David Seely (Albuquerque, N.M.); and MariSol Federal Credit Union CEO Robin Romano (Phoenix, Ariz.).
NAFCU Senior Regulatory Affairs Counsel Michael Emancipator and Regulatory Affairs Counsel Alexander Monterrubio will attend.
Recently, NAFCU submitted nominations for nine credit union representatives to serve on CFPB's CUAC. The bureau will announce newly selected members in August. The council has eight seats to fill this round.
CFPB's CUAC has 15 members, all of them from credit unions with $10 billion or less in assets. Newly appointed members will serve two-year terms. The CUAC was formed under the Dodd-Frank Act to provide direct feedback to CFPB on its policy development, research, rulemaking and engagement functions.
Several NAFCU members currently serve on CUAC. Those appointed include SAC Federal Credit Union President and CEO Gail DeBoer (Papillion, Neb.); Chevron Federal Credit Union Assistant Vice President of Compliance Katey Proefke (Oakland, Calif.); Orion Federal Credit Union Executive Vice President and CFO Jason Lee (Memphis, Tenn.); Heritage Trust Federal Credit Union President and CEO James McDaniel (Charleston, S.C.); Kirtland Federal Credit Union President and CEO David Seely (Albuquerque, N.M.); and MariSol Federal Credit Union CEO Robin Romano (Phoenix, Ariz.).
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