Mountain West Credit Union Association issues statement on the resignation of CFPB Director Cordray
DENVER, CO (November 15, 2017) — Scott Earl, President and CEO of the Mountain West Credit Union Association, has issued the following statement regarding the announcement of Richard Cordray, Director of the Consumer Financial Protection Bureau, stepping down from the Bureau by the end of the month:
“The Mountain West Credit Union Association has 125 credit unions representing 3.2 million members across the states of Arizona, Colorado and Wyoming. We appreciate the dedication that Director Cordray exhibited as head of the CFPB and we wish him well in the future. As we move forward, we hope to see more progress to showcase that credit unions are the best financial partner for consumers, that credit unions exist to protect the financial interests of their members and that the CFPB will work to issue rules that help pro-consumer financial institutions. We look forward to working with whomever is chosen to lead the CFPB after Director Cordray.”
About Mountain West Credit Union Association
The Mountain West Credit Union Association is the regional trade association representing member credit unions, 4.2 million credit union members and $65 billion in assets throughout Arizona, Colorado and Wyoming. Founded in 2011, the Mountain West Credit Union Association serves and supports the interests of member credit unions through advocacy, community outreach, education and training, public affairs, regulatory and compliance services, and strategic partnerships. Follow us on twitter at twitter.com/mwcua, Facebook at facebook.com/mwcua and Instagram at instagram.com/mwcua. To learn more visit mwcua.com.
