CFPB names latest Credit Union Advisory Council
The Consumer Financial Protection Bureau this week released the names of the eight credit union leaders who will sit on the agency’s Credit Union Advisory Council.
The CUAC — along with councils for community banks, academic research and a consumer advisory board — advises the bureau on consumer finance topics related to credit unions.
The newest members of the Credit Union Advisory Council are:
- Sean Cahill, president and CEO of TrueSky Credit Union in Oklahoma City and will serve as CUAC chair
- Arlene Babwah, vice president of risk management at Coastal Federal Credit Union in Raleigh, N.C.
- Teresa Campbell, president and CEO of San Diego County Credit Union
- Rick Durante, vice president and director of corporate social responsibility and government affairs at Franklin Mint FCU in Chadds Ford, Pa.
- Doe Gregersen, vice president and general counsel at Landmark CU in New Berlin, Wis.
- Brian Holst, general counsel at Elevations CU in Boulder, Colo.
- Racardo McLaughlin, vice president of mortgage originations and operations at TwinStar CU in Lacey, Wash.
- Rick Schmidt, president and CEO of Westar CU in Las Vegas
CFPB Director Kathy Kraninger earlier this year announced a variety of changes to the advisory committees’ charters, including broadening the focus of meetings to include policy matters, holding in-person meetings more often and increasing term lengths from one year to two.
“The bureau is able to protect consumers in the financial marketplace better when it receives input from a wide range of experts and stakeholders,” Kraninger said in a statement. “With the enhancements we made earlier this year to the structure of the advisory committee program, I am confident that these groups will be able to hit the ground running in their efforts to provide meaningful feedback on bureau policy and regulations. I look forward to working with them.”