NEW: CU reps among CFPB consumer advisory board membersWASHINGTON (9/12/12, updated 1:10 p.m. ET)--Two credit union representatives are among the 25 consumer experts from outside the federal government that the Consumer Financial Protection Bureau (CFPB) has appointed to form its new Consumer Advisory Board (CAB), which will provide advice to CFPB leadership on a consumer financial issues and emerging market trends.
In a CFPB announcement today, Bill Bynum, CEO of Hope Enterprise Corp. and Hope Community CU, Jackson, Miss., was named vice president of the CAB. Laura Castro de Cortes, vice president of alternative financial services for Centris FCU, Omaha, Neb., was also named as a member.
The CFPB also announced the names of the 15 members of its new Credit Union Advisory Council. They are: The bureau also released the names of its Community Bank Advisory Council. Read tomorrow's News Now for more.