WASHINGTON – The Federal Reserve has issued a request for candidates to fill open seats on its Consumer Advisory Council. E Federal Credit Union CEO Ken Bordelon is the only credit union representative currently seated on the board, though there can be more than one. Bordelon's term is one of the ones set to expire at the end of 2004. There are no seats specifically reserved for credit unions. CUNA and NAFCU plan to submit names of possible candidates to represent credit unions. Eleven new members will be seated to begin serving three-year terms in January 2005. Recommendations must be received by August 27, 2004. Though electronic submissions are preferred, they can also be mailed to Terry Johnsen, Manager, Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551. The Fed's CAC, established in 1976, meets in Washington, D.C. three times a year and advises the board on their responsibilities under consumer protection laws and other issues as requested.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
