Appointments of new members and designation of the chair and vice chair of the Consumer Advisory Council.The Federal Reserve Board, on January 9, 2004, named nine new members to its Consumer Advisory Council for three-year terms and designated a new chair and vice chair of the council for 2004.The council advises the Board on the exercise of its responsibilities under the Consumer Credit Protection Act The Consumer Credit Protection Act (15 U.S.C.A. § 1601 et seq. [1972]) is federal statute designed to protect borrowers of money by mandating complete disclosure of the terms and conditions of finance charges in transactions; by limiting the Garnishment of wages; and by regulating and on other matters in the area of consumer financial services. The council meets three times a year in Washington, District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Agnes Bundy Scanlan was designated chair; her term runs through December 2004. Ms. Scanlan is managing director and chief compliance officer for FleetBoston Financial. Mark Pinsky was designated vice chair; his term on the council ends in December 2005. Mr. Pinsky is president and chief executive officer for the National Community Capital Association. The nine new members are the following: Dennis L. Algiere Westerly, Rhode Island For geographic and demographic information on particular parts of the town of Westerly, see the article on Westerly (CDP). Westerly, founded in 1669 by John Babcock, is a beachfront community on the south shore of Washington County, Rhode Island. Mr. Algiere is senior vice president of Compliance and Community Affairs and the community reinvestment officer for The Washington Trust Company. He is responsible for the bank's compliance, community affairs, community reinvestment, and Bank Secrecy Act The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires U.S.A. financial institutions to assist U.S. government agencies to detect and prevent money laundering. programs. Sheila Canavan Berkeley, California Ms. Canavan is an attorney with a law practice that focuses on consumer litigation. Her litigation experience has involved state and federal consumer regulation, elder abuse, fraud, and unfair and unlawful business practices; and she has special expertise in matters relating to subprime lending and securitization of home mortgage products. Ms. Canavan represents consumers, often lowincome consumers, on credit transaction issues. Anne Diedrick New York, New York Ms. Diedrick is a senior vice president for JP Morgan Chase. She is an executive team member of the JPMorgan Chase Community Development Group; the senior officer in charge of Community Reinvestment Act Community Reinvestment Act (CRA) Enacted by Congress in 1977, the CRA encourages banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations. compliance at JPMorgan Chase Bank, Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. , USA, N.A., and J.P. Morgan Trust Company, N.A.; and the senior manager in charge of the JPMorgan Chase Corporate Fair Lending Unit. She is also responsible for the Office of Strategic Alliances, which works with not-for-profit community development organizations. Hattie B. Dorsey Atlanta, Georgia Ms. Dorsey is the president and chief executive officer of the Atlanta Neighborhood Development Partnership, Inc., a not-for-profit corporation that promotes community revitalization in Atlanta's neighborhoods. Her experience is in single-family and multifamily housing, community and economic development, regional equity, and public policy. Bruce B. Morgan Roeland Park, Kansas Roeland Park is a city in Johnson County, Kansas, United States. The population was 6,817 at the 2000 census. Geography Roeland Park is located at (39.034705, -94.639211)GR1. Mr. Morgan is chairman, president, chief executive officer, and director of Valley State Bank. He is actively involved in bank regulation, payments systems, and developing technologies that affect bank delivery of products and services. Mr. Morgan serves on the Customer Advisory Committee of the Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. and on the Payment and Technology Committee of the Independent Community Bankers of America. He is a former member and past chairman of the Kansas State Banking Board. Mary Jane Seebach Newbury Park, California The community of Newbury Park, California is located in the western portion of the City of Thousand Oaks and Casa Conejo, an unincorporated area of southern Ventura County. Ms. Seebach is executive vice president and chief compliance officer for Countrywide Financial Corporation. She oversees legal and regulatory compliance programs throughout the enterprise. Previously, Ms. Seebach worked as regulatory counsel advising on state and federal consumer credit laws for Countrywide Home Loans, The Money Store, and North American Mortgage Company, and as a senior attorney for the Federal Reserve Board. Paul J. Springman Atlanta, Georgia Mr. Springman is group executive, Predictive Sciences, for Equifax. He has responsibility for providing modeling, analytical services, decisioning systems, and applications processing for clients. He has been involved in launching a new business line, "Consumer Direct," to provide credit information, account monitoring alerts, and scoring analysis services to consumers. Forrest F. Stanley Cleveland, Ohio Mr. Stanley is senior vice president and associate general counsel for KeyBank. He has responsibility for all legal matters affecting retail banking including mortgage, home equity, credit and debit cards, privacy, the Community Reinvestment Act, e-commerce, and the USA Patriot Act USA PATRIOT Act [Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorists], 2001, U.S. . Mr. Stanley has also been director of two KeyBank subsidiaries, Champion Mortgage Company and Key Bank, USA. He currently serves as chairman of the bank's Fair Lending Executive Committee. Lori R. Swanson St. Paul, Minnesota Ms. Swanson is solicitor general for the Office of the Minnesota Attorney General. She is responsible for civil litigation and oversees several divisions including Consumer Enforcement, Commerce, and Consumer Services. She negotiated a first-of-its-kind settlement with a national bank in a lawsuit alleging violations of state consumer protection laws consumer protection laws n. almost all states and the federal government have enacted laws and set up agencies to protect the consumer (the retail purchasers of goods and services) from inferior, adulterated, hazardous and deceptively advertised products, and and the Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) is legislation embodied in title VI of the Consumer Credit Protection Act (15 U.S.C.A. § 1681 et seq. [1968]), which was enacted by Congress in 1970 to ensure that reporting activities relating to various consumer transactions are conducted in a based on disclosure of personal financial information. Council members whose terms continue through 2004 are the following: Janie Barrera, president and chief executive officer, ACCION Texas, San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. Kenneth P. Bordelon, chief executive officer, E Federal Credit Union, Baton Rouge, Louisiana For the Canadian restaurant, see . Baton Rouge (from the French bâton rouge), pronounced /ˈbætn ˈɹuːʒ/ in English, and Robin Coffey, vice president, Harris Trust and Savings Bank, Chicago, Illinois Thomas FitzGibbon, senior vice president, MB Financial Bank, N.A., Chicago, Illinois Larry Hawkins, president and chief executive officer, Unity National Bank, Houston, Texas Ruhi Maker, senior attorney, Public Interest Law Office of Rochester, Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or Patricia McCoy, professor of law, University of Connecticut School of Law The University of Connecticut School of Law (commonly known as UConn Law) is the only public law school in Connecticut and one of only two in New England. The school was recently ranked forty-seventh out of the 190 American Bar Association-accredited law schools in the , Hartford, Connecticut Elsie Meeks, executive director, First Nations Oweesta Corporation, Kyle, South Dakota Debra S. Reyes, president, Neighborhood Lending Partners, Inc., Tampa, Florida Benson Roberts, vice president for policy, Local Initiatives Support Corporation, Washington, District of Columbia Hubert Van Tol, co-director, Fairness in Rural Lending, Sparta, Wisconsin Council members whose terms continue through 2005 are the following: Susan Bredehoft, senior vice president, compliance risk management, Commerce Bank, N.A., Cherry Hill, New Jersey Dan Dixon, group senior vice president, World Savings Bank, FSB, Washington, District of Columbia James Garner, senior vice president and general counsel, North American Consumer Finance, Citigroup, Baltimore, Maryland R. Charles Gatson, vice president, Midtown Community Development Corporation, Kansas City, Missouri W. James King, president and chief executive officer, Community Redevelopment Group, Cincinnati, Ohio Benjamin Robinson III, senior vice president and strategy management executive, Bank of America, Charlotte, North Carolina Diane Thompson, supervising attorney, Land of Lincoln Legal Assistance Foundation, Inc., East St. Louis, Illinois East St. Louis is a city located in St. Clair County, Illinois, USA, directly across the Mississippi River from St. Louis, Missouri. As of the 2000 census, the city had a total population of 31,542. Clint Walker, general counsel and chief administrative officer, Juniper Bank, Wilmington, Delaware |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion