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Financial Services Law Insights and Observations

CFPB Seeks New Members for Advisory Boards, Councils

CFPB Community Banks

Consumer Finance

On January 15, the CFPB published a notice seeking applications for appointment to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. Membership of the Community Advisory Board and Advisory Councils includes representatives of consumers, communities, the financial services industry, and academics. Membership on the two Advisory Councils is open only to current community bank and credit union employees, respectively. Applications must be submitted by February 28, 2014. Additional information about the application process is available here.