CFPB Director Cordray’s speech at the 2016 CUNA GAC
WASHINGTON, DC (February 23, 2016) — Consumer Financial Protection Bureau (CFPB) Director Richard Cordray spoke to nearly 5,000 attendees at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC) today. Following his speech, CUNA president/CEO Jim Nussle issued a statement:
“The Credit Union National Association (CUNA) and our credit union members appreciate CFPB Director Cordray’s praise for the credit union industry today at the CUNA Governmental Affairs Conference. We thank the Director for his statement that credit unions were not the culprits in the recent financial crisis and appreciate his ongoing respect for our member-owned, community-based, not-for-profit structure.”
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 120 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.