WILLIAMS NAMED BY CUNA FOR FED’S CONSUMER PANEL

August 24, 2006

FOR IMMEDIATE RELEASE
Contact:
Patrick Keefe, CUNA Communications
(202) 508-6765
pkeefe@cuna.com

WASHINGTON -- A. Lee Williams, president and CEO of Central Star Credit Union in Wichita, Kansas, is CUNA’s nominee to serve on the Consumer Advisory Council (CAC) of the Federal Reserve Board.

CUNA nominated Williams today (Aug. 24) for the position.

Williams has served as president and CEO of Central Start CU since 1997, and has held positions at the credit union for the past 18 years. Among other accomplishments, she has served on the chartering committee to establish the Communities United Credit Union, Kansas’ first community develop credit union serving a low-income neighborhood.

She has served as chairman of CUNA’s state issues subcommittee and as a member of the association’s Governmental Affairs Committee. As chairman of CUNA’s Payday Lending Task Force, Williams testified before Congress in 2001 about credit union alternatives to payday lending. She also co-authored a comprehensive booklet – now in its third printing – highlighting alternatives to payday loans. Last week, she testified in support of dual chartering of credit unions (and the continuation of the credit union tax exemption for all credit unions) before the National Conference of State Legislators annual meeting in Nashville, Tenn.

She is a Research Committee member for the Filene Research Institute, and is a member of the African-American Credit Union Coalition.

With its network of affiliated state credit union leagues, Credit Union National Association serves more than 90 percent of America's 9,000 credit unions, which are owned by more than 87 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit www.cuna.org.

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