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F ederal R eserve Bank OF DALLAS ROBERT D. M C T E E R , J R . P R E S ID E N T A N D C H IE F E X E C U T IV E O F F IC E R . . DALLAS, TEXAS 75222 August 4, 1992 Notice 92-67 TO: The Chief Executive Officer of each member bank and others concerned in the Eleventh Federal Reserve District SUBJECT Consumer Advisory Council Nominations DETAILS The Federal Reserve Board has announced it is seeking nominations of qualified individuals for nine appointments to its Consumer Advisory Council to replace members whose terms expire on December 31, 1992. The Consumer Advisory Council was established in 1976 to advise the Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice. The council by law represents the interests both of consumers and of the financial community. The group meets in Washington, D.C. three times a year. Nine new members will be selected from the nominations to serve three-year terms that will begin in January 1993. The Board expects to announce the selection of new members by year-end 1992. Nominations should be submitted in writing and should include the address and telephone number of the nominee. In addition, information about past and present positions held, special knowledge, interests or experience related to consumer credit or other consumer financial services should be included. The written nominations must be received should be addressed to Dolores S. Smith, Assistant Consumer and Community Affairs, Board of Governors System, Washington, D.C. 20551. Information about for inspection upon request. by August 30, 1992, and Director, Division of of the Federal Reserve nominees will be available ATTACHMENT The Board’s notice, including the names, affiliations, and terms of office of the current council members, is attached. For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal Reserve Bank of Dallas: Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - MORE INFORMATION For more information, please contact Gloria Vasquez Brown at (214) 922-5266. For additional copies of this Bank’s notice, please contact the Public Affairs Department at (214) 922-5254. Sincerely yours, . Ml FEDERAL RESERVE SYSTEM Consumer Advisory Council Solicitation of Nominations for Membership AGENCY: Board of Governors of the Federal Reserve System. ACTION: Notice. SUMMARY: The Board is asking the public to nominate qualified individuals for appointment to its Consumer Advisory Council, which is comprised of representatives both of consumer and community interests and of the financial services industry. Nine new members will be selected for three-year terms that will begin in January 1993. The Board expects to announce the selection of new members by year-end 1992. DATES: Nominations should be received by August 30, 1992. ADDRESSES: Nominations should be submitted in writing to Dolores S. Smith, Assistant Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551. Information about nominees will be available for inspection upon request. FOR FURTHER INFORMATION CONTACT: Bedelia Calhoun, Staff Special ist, Division of Consumer and Community Affairs, (202) 452-2412; or for Telecommunications Device for the Deaf (TDD) users only. Dorothea Thompson (202) 452-3544; Board of Governors of the Federal Reserve System, Washington, D.C. SUPPLEMENTARY INFORMATION: 20551. The Consumer Advisory Council was established in 1976 at the direction of Congress to advise the Federal Reserve Board on the exercise of its duties under the - 2 - Consumer Credit Protection Act and on other consumer-related matters. The Council by law represents the interests both of consumers and of the financial community. Members serve three- year terms that are staggered to provide the Council with continuity. The Council's meetings are held in Washington, D.C. New members will be selected this year for terms beginning January 1, 1993, to replace members whose terms expire this year. Nominations should include the address and telephone number of the nominee, information about past and present positions held, and a description of special knowledge, interests or experience related to consumer credit or other consumer financial services. Persons may nominate themselves as well as other individuals. The Board is interested in candidates who are willing to express their viewpoints and who have some familiarity with consumer financial services. Candidates do not have to be experts on all levels of consumer financial services, but they should possess some basic knowledge of the area. In addition, they should be able to make the necessary time commitment to prepare for and attend meetings (usually two days long including committee meetings) three times a year. In making the appointments, the Board will seek to comple ment the qualifications of continuing Council members in terms of affiliation and geographic representation, and to ensure the representation of women and minority groups. The Board expects to announce its selection of new members by year-end. - 3 - Council members whose terms end on December 31, 1992 are listed below: George C. Galster Professor of Economics The College of Wooster Wooster, OH Kathleen E. Keest Staff Attorney National Consumer Law Center Boston, MA E. Thomas Garman Professor of Consumer Studies Virginia Polytechnic Institute and State University Blacksburg, VA Bernard F. Parker, Jr. Executive Director Community Resource Projects Detroit, MI Deborah B. Goldberg Reinvestment Specialist Center for Community Change Washington, DC Nancy Harvey Steorts President Nancy Harvey Steorts & Associates Dallas, TX Michael M. Greenfield Professor of Law Washington University St. Louis, MO Sandra L. Willett Consultant on Quality Service Boston, MA Colleen D. Hernandez Executive Director Kansas City Neighborhoo Alliance Kansas City, MO - 4 - Other Council members, whose terms continue through 1993 and 1994, are listed below (together with the expiration date of each one's term of office). Barry Abbott Partner Morrison & Foerster San Francisco, CA December 31, 1994 Cathy Cloud Enforcement Program Director National Fair Housing Alliance Washington, DC December 31, 1994 John R. Adams Corporate Vice President and Compliance Officer CoreState Financial Corporation Philadelphia, PA December 31, 1994 Denny D. Dumler Senior Vice President Colorado National Bank of Denver Denver, CO December 31, 1993 John A. Baker Senior Vice President Equifax, Inc. Atlanta, GA December 31, 1994 Veronica E. Barela Executive Director NEWSED Community Development Corporation Denver, CO December 31, 199 3 Mulugetta Birru Executive Director Homewood-Brushton Revitalization & Dev. Corp. Pittsburgh, PA December 31, 1994 Genevieve Brooks Deputy Borough President Office of the Bronx Borough President Bronx, NY December 31, 1994 Toye L. Brown Director Massachusetts Bay Transportation Authority Boston, MA December 31, 1993 Michael D. Edwards President Prairie Security Bank Yelm, Washington December 31, 1994 Donald A. Glas President First State Federal Savings and Loan Association Hutchinson, MN December 31. 1993 Joyce Harris President & CEO Telco Community Credit Union Madison, WI December 31, 1993 Julia E. Hiler Executive Vice President Sunshine Mortgage Corporation Marietta, GA December 31, 1993 Gary S. Hattem Vice President Bankers Trust Company New York, NY December 31, 1994 - 5 - John V. Skinner President & CEO Jewelers Financial Services, Inc. Irving, TX December 31, 1994 Henry Jaramillo, Jr. President Ranchers State Bank Belen, NM December 31, 1993 Edmund Mierzwinski Consumer Advocate U.S. Public Interest Research Group Washington, DC December 31, 1994 Lowell N. Swanson President United Finance Co. Portland, OR December 31, 1994 Otis Pitts, Jr. President Tacolcy Economic Development Corporation Miami, FL December 31, 1993 Michael W. Tierney Program Director Local Initiatives Support Corporation Washington, DC December 31, 1994 Jean Pogge Vice President and Manager of Development Deposits South Shore Bank Chicago, IL December 31, 1994 Board of Governors of the Federal Reserve System, July 6, 1992. (signed) William W. Wiles William W. Wiles Secretary of the Board