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News Now

Washington
Barkdull appointment would enhance Feds consumer council CUNA
WASHINGTON (9/2/09)--American Southwest CU President/CEO Brian Barkdull is the Credit Union National Association’s (CUNA) choice to represent credit union interests in the Federal Reserve’s Consumer Advisory Council (CAC) following his nomination earlier this week. Barkdull, who has served as American Southwest CEO for 11 years and has participated in the credit union movement for a total of 21 years, also recently served on CUNA’s Consumer Protection Subcommittee. If appointed, Barkdull would join Idaho CU League President Alan Cameron on the CAC. While Cameron does currently serve on the CAC, CUNA believes that adding an additional credit union representative to the board would enhance the work of the CAC. In comments accompanying the CUNA nomination letter, CUNA Chairman Kris Mecham said that Barkdull is a “well-respected financial institution leader” who is “extremely knowledgeable and articulate regarding consumer protection issues.” The Fed's Consumer Advocacy Council, which seeks to align the shared interests of consumers, communities, and the financial services industry and advise the Fed on the exercise of its responsibilities under consumer financial protection regulations, is composed of 30 members that serve three-year terms each. The Fed earlier this year requested nominations to the CAC, as 10 of the CAC's 30 members will be leaving the board at the end of the calendar year.


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