CUAC, CAB application deadline extended to March 8

The Consumer Financial Protection Bureau has extended the application deadline for its Credit Union Advisory Council (CUAC) and Consumer Advisory Board (CAB) through March 8. According to the bureau, the extension is as a result of a web outage affecting file uploads and downloads.

These bodies advise and consult the CFPB regarding its functions, and provide information on emerging trends and practices in the consumer financial market.

According to the bureau, it is inviting CUAC applications particularly from current employees of credit unions with total assets of $10 billion or less.

For CAB, it is seeking the following membership criteria:

  • Experts in consumer protection, community development, consumer finance, fair lending, and civil rights;
  • Experts in consumer financial products or services;

 

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