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Washington
CUNA nominates Wis. CU exec for Fed advisory panel
WASHINGTON (8/28/08)—The Credit Union National Association (CUNA) has nominated Michael Long, a Wisconsin credit union executive, for consideration to serve on the Consumer Advisory Council (CAC) of the Federal Reserve Board. Long is vice president of lending at UW Credit Union in Madison. He is an executive committee member of the CUNA Lending Council, where he chairs the Regulatory and Legislative Subcommittee. Also, he is an active member of the CUNA Consumer Protection Subcommittee and is a 2004 graduate of CUNA Management School. Each year, the Fed’s CAC appoints 10 new members to its 30-member panel. The council was established in 1976 and advises the Fed on its responsibilities under the Consumer Credit Protection Act and on other matters in the area of consumer financial services, according to the Fed's website. Members serve staggered three-year terms. Over the past year, CUNA noted in its nominating information, Long has traveled to Washington several times advocating nationally on credit union student lending and consumer lending issues. He has spoken to lawmakers and their aides on both the House and Senate Education Committees on the role credit unions serve in student lending and the many benefits credit unions provide to their members. In 2007, CUNA successfully nominated Alan Cameron, president/CEO, Idaho Credit Union League, Boise, to the CAC and his term continues to 2010. Also named to the council at that time was Michael Calhoun, president of the Center for Responsible Lending in Durham, N.C. The CRL is a nonprofit, non-partisan research and policy organization focusing on consumer lending issues.


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