WBK Industry News - Federal Regulatory Developments

CFPB Announces Advisory Board and Council Members

CFPB Director Kathleen Kraninger announced appointments to the Consumer Advisory Board, and three advisory councils. 

Consumer Advisory Board (CAB)

  • Chair of the CAB – Brent Neiser, Senior Director, National Endowment for Financial Education (Denver, CO) 
  • Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC)
  • Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA)
  • Sameh Elamawy, CEO, Scratch Services, Inc. (San Francisco, CA)
  • Manning Field, COO, Acorns (Irvine, CA)
  • Clint Gwin, President & CEO, Pathway Lending (Nashville, TN)
  • Ronald Johnson, Former President, Clark Atlanta University (Atlanta, GA)
  • Tim Lampkin, CEO, Higher Purpose Co. (Clarksdale, MS)
  • Eric Kaplan, Director – Housing Finance Program, Milken Institute (Washington, DC)
  • Sophie Raseman, Director of Product, Brightside (San Francisco, CA)
  • Rebecca Steele, President/CEO, National Foundation for Credit Counseling (Washington, DC)
  • Tim Welsh, Vice Chairman Consumer and Business Banking, U.S. Bank (Minneapolis, MN)

Community Bank Advisory Council (CBAC) 

  • Chair of the CBAC – Aubrey Hulings, VP, Operations Manager, The Farmers National Bank of Emlenton (Emlenton, PA)
  • J. Erik Beguin, Founder, CEO and President, Austin Capital Bank (Austin, TX)
  • Maureen Busch, VP Compliance and CRA Officer, The Bank of Tampa (Tampa, FL)
  • Patrick Ervin, EVP, Independent Bank (Troy, MI)
  • Shan Hayes, President and CEO, Heartland Tri-State Bank (Elkhart, KS)
  • Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME)
  • Valerie Quiett, SVP and Chief Legal Officer, Mechanics and Farmers (M&F) Bank (Durham, NC)
  • Heidi Sexton, EVP/Chief Compliance and Risk Officer, Sound Community Bank (Seattle, WA)

Credit Union Advisory Council (CUAC)

  • Chair of the CUAC – Sean Cahill, President & CEO, TrueSky Credit Union (Oklahoma City, OK)
  • Arlene Babwah, VP Risk Management, Coastal Federal Credit Union (Raleigh, NC)
  • Teresa Campbell, President & CEO, San Diego County Credit Union (San Diego, CA)
  • Rick Durante, VP, Director of Corporate Social Responsibility and Government Affairs, Franklin Mint Federal Credit Union (Chadds Ford, PA)
  • Doe Gregersen, Vice President & General Counsel, Landmark Credit Union (New Berlin, WI)
  • Brian Holst, General Counsel, Elevations Credit Union (Boulder, CO)
  • Racardo McLaughlin, VP Mortgage Originations/Operations (TwinStar Credit Union, Lacey, WA)
  • Rick Schmidt, President & CEO, WestStar Credit Union (Las Vegas, NV)

Academic Research Council (ARC) 

  • Michael Baye, Bert Elwert Professor of Business Economics, Indiana University (Bloomington, IN)
  • Karen Dynan, Professor of the Practice of Economics, Harvard University (Cambridge, MA)
  • Terri Friedline, Associate Professor, University of Michigan (Ann Arbor, MI)
  • John Lynch, Jr., Director of the Center for Research on Consumer Financial Decision Making and Senior Associate Dean for Faculty and Research, University of Colorado Boulder (Boulder, CO)
  • Brigitte Madrian, Dean/Marriott Distinguished Professor, Brigham Young University (Provo, UT)
  • Tom Miller, Professor of Finance and Jack R. Lee Chair, Mississippi State University (Mississippi State, MS)
  • Joshua Wright, Professor, Scalia Law School at George Mason University (Arlington, VA)