Two Virginians Appointed to CFPB's Credit Union Advisory Council

CFPB Acting Director Dave Uejio this week announced the appointment of new members to the agency's Credit Union Advisory Council (CUAC), including Virginians Jose Iregui (Langley Federal Credit Union) and Deb Wreden (Virginia Credit Union) Iregui will serve as chair of the CUAC. 

Council members will advise Bureau leadership on a broad range of consumer financial issues and emerging market trends.

The Dodd-Frank Wall Street Reform and Consumer Protection Act charges the CFPB with establishing a Consumer Advisory Board to advise and consult with the Bureau’s Director on a variety of consumer financial issues. The Bureau also created three councils: the Credit Union Advisory Council Community Bank Advisory Council (CBAC) and the Academic Research Council (ARC).

The CBAC and CUAC advise and consult with the Bureau on consumer financial issues related to community banks and credit unions. The ARC advises the Bureau on its strategic research planning process and research agenda and provides feedback on research methodologies, data collection strategies, and methods of analysis, including methodologies and strategies for quantifying the costs and benefits of regulatory actions.

Advisory committee membership reflects the expertise across the range of issues under the Bureau’s jurisdiction. Committee members serve two-year terms.

The following members will serve on the Credit Union Advisory Council (CUAC):

• Jose Iregui (Chair), Vice-President of Consumer Lending, Langley Federal Credit Union (Newport News, VA)
• Michael Daugherty, President, Community Plus Federal Credit Union (Rantoul, IL)
• Monica Davis, Senior Vice President Risk Management, Union Square Credit Union (Wichita Falls, TX)
• Michelle Dwyer, President/CEO, Franklin First Federal Credit Union (Greenfield, MA)
• Jeff Ivey, President/CEO, River City Federal Credit Union (San Antonio, TX)
• Jeremiah Kossen, President/CEO, Town and Country Credit Union (Minot, SD)
• Michael Levy, General Counsel, Travis Credit Union (Vacaville, CA)
• Deborah Wreden, EVP, Product & Delivery Strategy, Virginia Credit Union (Richmond, VA)

More information on the Bureau’s advisory committees can be found here: https://www.consumerfinance.gov/rules-policy/advisory-committees/

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The Consumer Financial Protection Bureau is a 21st-century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. For more information, visit consumerfinance.gov.