CFPB Accepting Applications for Advisory Committees

CFPB logoStakeholders, including those with knowledge of debt collection, consumer finance education and consumer reporting, have until July 24 to apply.

07/06/2022 9:15 A.M.

1.5 minute read

The Consumer Financial Protection Bureau is seeking applicants for its advisory committees, including those with knowledge of consumer financial products or services and debt collection.

The committees include the Consumer Advisory Board, the Community Bank Advisory Council, the Credit Union Advisory Council and the Academic Research Council. These advisory committees provide the CFPB with information about emerging trends and practices in the consumer financial marketplace. They also allow the bureau to hear directly from small financial institutions, according to a news release.

The CFPB invites applications from individuals who can provide the bureau with insight and advice as it carries out its work.

Here are some examples of the types of applicants the bureau is looking for:

  • Experts in consumer protection, community development, consumer finance, fair lending and civil rights.
  • Experts in consumer financial products or services, including consumer reporting, student lending, small dollar lending, credit cards, debt collection and debt relief.
  • Experts in consumer finance education.
  • Representatives of banks and credit unions that 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 with a strong research and publishing or practitioner background, and a record of involvement in research and public policy, including public or academic service.

How to Apply

Visit the application website and follow the instructions to submit a complete packet including:

  • Cover letter explaining interests and qualifications.
  • Résumé or curriculum vitae.
  • Recommendation letter(s) from a third party describing the interests and qualifications to serve.

The bureau will only consider complete application packets received on or before July 24, 2022, for membership on the advisory committees.

For more information about the advisory committees, visit the CFPB’s website.

If you’re interested in applying and would like more information, contact ACA International’s advocacy team here: [email protected].

If you have executive leadership updates or other member news to share with ACA, contact our communications department at [email protected]. View our publications page for more information and our news submission guidelines here.

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