The application period runs from July 3 to 16, and debt collection experts are encouraged to apply.
06/05/2023 2:25 P.M.
1.5 minute read
The Consumer Financial Protection Bureau is currently seeking members for its Consumer Advisory Board, among other committees.
Additional committees include the Community Bank Advisory Council, the Credit Union Advisory Council and the Academic Research Council. These advisory committees provide the bureau with information about emerging trends and practices in the consumer financial marketplace.
Completed applications received between 12 a.m. EDT on Monday, July 3, 2023, and 11:59 p.m. EDT on Sunday, July 16, 2023, will be considered for membership on the committees, according to a notice on the Federal Register.
Membership for the Consumer Advisory Board will be drawn from a pool of candidates recommended by the regional Federal Reserve Bank Presidents, according to the notice.
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.
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].