The Consumer Financial Protection Bureau (CFPB) has announced that it is accepting applications for membership on all of its advisory groups.
In an effort to hear from a variety of experts with diverse viewpoints, the bureau set up the Consumer Advisory Board and two other advisory groups – the Community Bank Advisory Council and Credit Union Advisory Council. CFPB said the groups allow it to hear directly from small financial institutions.
Here’s what the CFPB 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.)
How many seats are available?
- 10 seats on the Consumer Advisory Board will become vacant in the fall of 2015.
- 7 seats on the Community Bank Advisory Council will become vacant in the fall of 2015.
- 8 seats on the Credit Union Advisory Council will become vacant in the fall of 2015.
Click here to apply.