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NCUA Chairman Matz to Host Free Webinar with CFPB Director Cordray

Register Now and Save the Date: Feb. 8 at 3 p.m. EST

ALEXANDRIA, Va. (Jan. 11, 2012) – National Credit Union Administration (NCUA) Board Chairman Debbie Matz will host a free webinar with Richard Cordray, the first Presidentially appointed director of the Consumer Financial Protection Bureau (CFPB), on Wednesday, Feb. 8, at 3 p.m. EST.

“At NCUA we share CFPB’s commitment to protecting consumers, and we are honored that Director Cordray has accepted my invitation to participate in NCUA’s first virtual town hall meeting of 2012,” said Chairman Matz. “Credit union officials have expressed an extraordinary interest in CFPB’s regulatory priorities; they often ask me how CFPB will affect credit unions. This webinar will provide the first opportunity for credit unions to ask the CFPB leader directly.”

For her part, Matz plans to provide an update on NCUA’s Regulatory Modernization Initiative, corporate credit union resolution, and other current topics.

During the live webinar, participants will be able to type in questions about any topic relating to the credit union industry or the CFPB.

The webinar will be archived on NCUA’s website approximately two weeks after the event for those who cannot participate in the live session.

To sign up, click here.



NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 98 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.

--NCUA--

National Credit Union Administration

Office of Public & Congressional Affairs

703.518.6330
pacamail@ncua.gov

Contacts:

John Fairbanks
Office: 703.518.6336
jfairbanks@ncua.gov

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223 bhardaway@ncua.gov

Kenzie Snowden
Office: 703.518.6334
ksnowden@ncua.gov

"Protecting credit unions and the consumers who own them through effective regulation"