Newsroom

FOR IMMEDIATE RELEASE

Washington (August 19, 2016) -- National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding theConsumer Financial Protection Bureau (CFPB) announcement of the appointment of new consumer finance experts to its Credit Union Advisory Council.

"We appreciate CFPB considering our recommendations in their selection process for this important group," said Berger. "We thank and congratulate the credit union members of the CUAC who will be providing their valuable insight and expertise as the CFPB reviews future regulations impacting our industry."

NAFCU member representatives appointed to the CUAC include:

• Faith Anderson, senior vice president and general counsel at American Airlines Federal Credit Union (Fort Worth, Texas);
• Daniel Berry, CEO at Duke University Federal Credit Union (Durham, N.C.);
• Patrick Harrigan, chief risk officer at Service Credit Union (Portsmouth, N.H.);
• Ricardo Ledezma, corporate compliance assurance manager at SACU (San Antonio Federal Credit Union, San Antonio, Texas);
• Dayatra Matthews, senior vice president of legal and compliance at Local Government Federal Credit Union (Raleigh, N.C.);
• Raynor Zillgitt, general counsel at Lake Trust Credit Union (Brighton, Mich.).

NAFCU also commends these additional credit union executives also appointed to CUAC:

• Amy Nelson, president and CEO at Point West Credit Union (Portland, O.R.);
• Sarah Marshall, manager at North Side Community Federal Credit Union (Chicago, Ill.).

NAFCU provided its recommendations to the CFPB in February.

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 last August include 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.).

The National Association of Federal Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation's federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy,educationand compliance assistance.www.nafcu.org.

Patty Briotta
Director of Public Relations
Office:703-842-2820
pbriotta@nafcu.org