Tefferi Promoted; Hoffman, Meyster Join NAFCU Regulatory Team

Washington – The National Association of Federal Credit Unions (NAFCU) announced it has strengthened its regulatory team with the promotion of Tessema Tefferi to senior regulatory affairs counsel and the hiring of P.J. Hoffman and Angela Meyster as regulatory affairs counsels.

“The pace of regulation now is unprecedented,” said Carrie Hunt, NAFCU general counsel and vice president of regulatory affairs. “With the promotion of Tessema and the addition of P.J. and Angela, NAFCU’s regulatory affairs team will be well-positioned to continue to advocate for our member credit unions on important regulatory matters before the agencies.”

Prior to joining NAFCU, Hoffman was finance director for congressional candidate Paul Hirschbiel in Virginia Beach, Va. Licensed to practice law in Illinois, Hoffman was a law clerk for Camner Professional Group P.A. in Florida and summer associate for Salvi, Schostok & Pritchard P.C. in Illinois.  He holds a law degree from University of Miami Law School and a bachelor’s degree in political science from Illinois Wesleyan University.

Meyster comes to NAFCU from the Financial Services Roundtable where she was a law clerk. She researched and analyzed various provisions of Dodd-Frank, including the Consumer Financial Protection Bureau’s reconciliation of the Truth in Lending Act with the Real Estate Settlement Procedures Act. Meyster was also a legal intern at the New York Department of Financial Services. She holds a law degree from Benjamin N. Cardozo School of Law in New York and a bachelor’s degree in economics and politics from Brandeis University.

Tefferi has been promoted from regulatory affairs counsel to senior regulatory affairs counsel.  Since joining NAFCU in 2006, Tefferi has been instrumental in helping form regulatory policy on key issues and in working with the National Credit Union Administration and other federal agencies and trade associations. His keen insight and knowledge of the credit union industry has been pivotal in providing regulatory analyses, preparing comment letters, and presenting NAFCU positions and regulatory activities to member credit unions.

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The National Association of Federal Credit Unions is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.

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