[Federal Register Volume 84, Number 56 (Friday, March 22, 2019)]
[Notices]
[Pages 10798-10799]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05450]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Renewal of Credit Union Advisory Council

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau), after 
consultation with the Committee Management Secretariat of the General 
Services Administration, will establish the Credit Union Advisory 
Council (the committee or the CUAC) effective on March 21, 2019. The 
CUAC was established to consult with the Bureau in the exercise of its 
functions under the federal consumer financial laws as they pertain to 
credit unions with total assets of $10 billion or less.

FOR FURTHER INFORMATION CONTACT: Matt Cameron, Acting Staff Director, 
Office of Advisory Board and Councils, External Affairs, at 202-435-
7708, or [email protected]. If you require this document in an 
alternative electronic format, please contact 
[email protected].

SUPPLEMENTARY INFORMATION: In accordance with the provisions of the 
Federal Advisory Committee Act (FACA) (5 U.S.C. App.), the Bureau of 
Consumer Financial Protection hereby gives notice of re-establishment 
of the Credit Union Advisory Council. The CUAC is a discretionary 
committee being renewed for the purposes of compliance with FACA and 
applicable statutes. This committee is being renewed concurrently with 
the publication of this notice by filing a charter with the Director of 
the Bureau, the Committee Management Secretariat of the General 
Services Administration, the Library of Congress, the Committee on 
Banking, Housing, and Urban Affairs of the United States Senate, and 
the Committee on Financial Services of the United States House of 
Representatives. The charter will also be posted on the Bureau's 
website at www.consumerfinance.gov. This charter will expire two years 
after the filing date unless renewed by appropriate action.
    The CUAC shall advise the Bureau in its exercise of its functions 
under the Federal consumer financial laws as they pertain to credit 
unions with total assets of $10 billion or less. To carry out the 
committee's purpose, the scope of its activities shall include 
providing information, and analysis in support of recommendations to 
the Bureau. The output of committee meetings should serve to better 
inform the Bureau's policy development, rulemaking, and

[[Page 10799]]

engagement functions as they relate to credit unions.
    The duties of the CUAC are solely advisory and shall extend only to 
the submission of advice and recommendations to the Bureau relating to 
the activities and operations of credit unions, which shall be non-
binding on the Bureau. No determination of fact or policy will be made 
by the committee, and the committee will have no formal decision-making 
role and no access to confidential supervisory or other confidential 
information.
    In appointing members to the CUAC, the Director shall seek to 
assemble members with diverse points of view, institution asset sizes, 
and geographical backgrounds. Only credit union employees (CEOs, 
compliance officers, government relations officials, etc.) will be 
considered for membership. Membership is limited to employees of credit 
unions with total assets of $10 billion or less that are not affiliates 
of depository institutions or credit unions with total assets of more 
than $10 billion. The CUAC shall consist of at least seven members 
serving two-year terms. Equal opportunity practices in accordance with 
the Bureau's policies shall be followed in all appointments to the 
CUAC.

    Dated: March 18, 2019.
Kirsten Sutton,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2019-05450 Filed 3-21-19; 8:45 am]
 BILLING CODE 4810-AM-P