Newsroom

July 07, 2017

2 NAFCU member reps appointed to CFPB's CUAC

CFPB on Friday announced the addition of four new credit union representatives to the bureau's Credit Union Advisory Council, and two of them are NAFCU member credit union leaders.

The new NAFCU member credit union representatives appointed to the CUAC include:

  • Luis Peralta, chief administrative officer at Kinecta Federal Credit Union (Manhattan Beach, Calif.); and
  • David Tuyo, senior executive vice president and chief financial and operations officer at Power Financial Credit Union (Pembroke Pines, Fla.).

Two additional credit union executives were also appointed to this council: Kayce Bell, chief development officer at Alabama Credit Union (Tuscaloosa, Ala.), and Jack Fallis, president and CEO of Global Credit Union (Spokane, Wash.).

The 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.