CFPB accepts applications to advisory board, councils
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Governmental Affairs
Tuesday, January 19, 2016
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The Consumer Financial Protection Bureau’s (CFPB) is accepting applications for its three advisory boards, Consumer Advisory Board, the Community Bank Advisory Council and Credit Union Advisory Council. These groups allow the bureau to hear directly from small financial institutions and provide it with information about emerging trends and practices in the consumer financial products and services industries.
The bureau is accepting applications for membership on all of its advisory groups to fill upcoming vacancies. The bureau said in a blog posting on its website that it is looking for:
- Experts in consumer protection, community development, consumer finance, fair lending and civil rights
- Experts in consumer financial products or services
- Representatives of banks that primarily serve underserved communities
- Representatives of communities that have been significantly impacted by higher priced mortgage loans
- Current employees of credit unions and community banks
- Academics (experts in research methodologies, framing research questions, data collection and analytic strategies)
Seven seats on the Consumer Advisory Board will become vacant in the fall of 2016. Eight seats on the Community Bank Advisory Council will become vacant in the fall of 2016, and eight seats on the Credit Union Advisory Council will become vacant at the same time.
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