CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact

News

Home » BCFP mobilizes Credit Union Advisory Council following prompts from CUNA
Press

BCFP mobilizes Credit Union Advisory Council following prompts from CUNA

September 7, 2018

FOR IMMEDIATE RELEASE  

CONTACT: Lauren Williams – CUNA Communications; (202) 626-7642; lwilliams@cuna.coop ]

Washington, DC (September 7,2018) – The Bureau of Consumer Financial Protection (BCFP) announced new members for its reconstituted Credit Union Advisory Council (CUAC). All seven of the selected CUAC members currently serve as Credit Union National Association’s (CUNA) member credit unions.  

“We are pleased to see the Bureau’s selections and look forward to working with the Bureau and the CUAC on important credit union issues,” said CUNA President/CEO Jim Nussle. “CUNA has long supported the CUAC and the counseling authority it provides on credit union issues.” 

In June, Acting Director Mick Mulvaney signed a new charter for the CUAC, which reduced the number of members and directed the council to meet at least once per year in Washington, D.C. The council members will serve one-year terms.  

The selected members of CUAC and of CUNA include: 

  • Arlene Babwah, vice president risk management, Coastal FCU; 
  • Sean Cahill, president/CEO, Southwest 66 CU 
  • Teresa Campbell, president/CEO, San Diego County CU; 
  • Christopher Court, vice president, accounting and operations, Service 1st FCU; 
  • James Hunsanger, chief risk officer, Michigan State University FCU; 
  • Bryan Price, president/CEO, Indiana University CU 
  • Eric Schmidt, president/CEO, WestStar CU 

CUNA repeatedly called on the Bureau to preserve the CUAC in meetings with Mulvaney and in its comprehensive white paper sent to the Bureau.  

“We thank Acting Director Mulvaney for listening to our recommendation. The Credit Union Advisory Council is a crucial educational resource for the bureau, providing a unique perspective on the impact regulatory burden has on community-based financial institutions,” said CUNA Chief Advocacy Officer Ryan Donovan. “Continued bureau engagement with credit unions is essential, particularly as the bureau prepares for new leadership, and the Credit Union Advisory Council is a major component of that engagement.” 

###  


About CUNA:     

Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.

Credit Union Magazine: Summer 2022

Summer 2022

Credit Union Magazine’s Spring 2022 edition highlights inclusive lending, succession planning, fair lending and artificial intelligence, and the use of environmental, social, and governance (ESG) as a competitive differentiator.
Digital Edition •  Subscribe

Trending

  • Subcommittee passes CUNA-backed remote notary bill

  • CDFI Fund offering $1.73B to help communities recover from pandemic

  • Comment deadline extension needed for CFPB late fee ANPR

Tweets by CUNA_News

Polls

Do you think credit unions should offer cryptocurrency services?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2022 Credit Union National Association | ADA Compliance Notice & Legal
Email Us