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FEDERAL RESERVE BANK
OF NEW YORK

[

Circular No. 9304
June 4, 1982

~|

CONSUMER ADVISORY COUNCIL
Request For Nominations

T o A ll D e p o s i t o r y I n s titu tio n s , a n d O th e r s C o n c e r n e d ,
in th e S e c o n d F e d e r a l R e s e r v e D i s t r i c t :

The Board of Governors of the Federal Reserve System is seeking nominations from the public
for 13 appointments to its Consumer Advisory Council. The following is quoted from the text of the
statement issued by the Board of Governors:
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, and must be received no later than August 2, 1982.
Nominations should include the name, address, and telephone number of the nominee, past and
present positions held, and special knowledge, interests, and experience related to consumer financial
matters.
The Consumer Advisory Council was established by Congress in 1976, at the suggestion of the
Board, to advise the Board on the exercise of its duties under the Consumer Credit Protection Act and on
other consumer-related matters. The Council meets four times a year.
Nominations may be sent to this Bank, to the attention of George R. Juncker, Manager,
Consumer Affairs and Bank Regulations Department, who will pass your suggestions on to the
Board of Governors.
Printed on the following pages is the text of the Board’s formal notice in this matter, which
includes a complete list of the current members of the Consumer Advisory Council.




A nthony M . S olomon ,

President.

FEDERAL RESERVE SYSTEM
Consumer Advisory Council;
Soli cit atio n of Nominations for Membership
AGENCY:

Board of Governors of the Federal Reserve System.

ACTION:
Soli cit atio n of nominations for membership on the Board's Consumer
Advisory Counci 1.
SUM ARY: The Board is asking the public to nominate qualified individuals
M
for 13 appointments to i t s Consumer Advisory Council. Nominations should
include the name, address, and telephone number of the nominee, together
with information about past and present positions held, special knowledge,
i n t e r e s t s , and experience related to consumer credit or other financial
services.
It is contemplated that the Board will announce i t s selection
of new members by mid-November.
DATE:

Nominations should be received by August 2, 1982.

ADDRESS: Nominations should be mailed to Dolores S. Smith, Assistant Director,
Division of Consumer and Community A ff a ir s , Board of Governors of the Federal
Reserve System, Washington, D. C. 20551.
FOR FURTHER INFORM
ATION CONTACT: Ann Marie Bray, Staff Assistant, Division
of Consumer and Community A ffa irs , Board of Governors of the Federal Reserve
System, Washington, D. C. 20551, (202) 452-2412.
SUPPLEMENTARY INFORMATION: The Consumer Advisory Council was established by
the Congress in 1976 to advise the Board on the exercise of i t s duties under
the 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. M
embers serve three-year terms that are staggered to
provide the Council with continuity.
Thirteen new members will be selected this f a l l , to replace members
whose terms expire on December 31, 1982. The Board is particularly interested
in candidates w are familiar with issues in the area of consumer credit and
ho
other financial services.
In making the new appointments, the Board also
will seek to complement the qualifications of continuing Council members in
terms of a f f i l i a t i o n and geographic representation. Each year the nominations
have numbered in the hundreds. With only 13 vacancies, this means that many
highly qualified and interested individuals will not have the opportunity to
serve and that not every interested group can be represented.
The Council meets four times a year for approximately a day and a
half . Council members are paid $100 for each day spent attending or traveling
to and from meetings.




Nominations should be submitted in writing to Dolores S. Smith,
Assistant Director, Division of Consumer and Community A f f a i r s , Board of
Governors of the Federal Reserve System, Washington, D. C. 20551, and
must be received no later than August 2, 1982. Nominations should include
the name, address and telephone number of the nominee, past and present
positions held, and special knowledge, in te r es ts , or experience relating
to consumer financial matters. This information will be made available
for public inspection and copying upon request, except as provided in
§ 261.6(a) of the Board's Rules Regarding A v a i la b i li t y of Information.
The Board expects to announce i t s selection of new members by mid-November.
The names and a f f i l i a t i o n s of current Council members (and the
expiration date of their term of office) follow:
Chai rm
an
Charlotte H. Scott
Professor of Business
Administration and Commerce
University of Virginia
C h ar lo tt es vi ll e, Virginia
December 31, 1982

Joseph N. Cugini
President & General Manager
Westerly Community Credit Union
Westerly, Rhode Island
December 31, 1983

Vice Chairman

Richard S. D'Agostino
Senior Vice President
Gi rard Bank
Philadelphia, Pennsylvania
December 31, 1982

Margaret Reilly-Petrone
Professor of Economics
Montclair College
Upper Montclair, N Jersey
ew
December 31, 1982
Members
Arthur F. Bouton
Presi dent
American Association of
Retired Persons
L i t t l e Rock, Arkansas
December 31, 1983
Julia H. Boyd
Certified Public Accountant
Alexandria, Virginia
December 31, 1982

Susan Pierson De Witt
Assistant Attorney General and
Chief of Consumer Protection
State of I l l i n o i s
Springfield, I l l i n o i s
December 31, 1983
Joanne Faulkner
Attorney
N Haven Legal Assistance
ew
Association, Inc.
N Haven, Connecticut
ew
December 31 , 1982

Ellen Broadman
Counsel for Government Affairs
Consumers Union
Washington, D.C.
December 31, 1982

Meredith Fernstrom
Vice President, Consumer Affairs
American Express Company
N York, N York
ew
ew
December 31, 1984

Gerald R. Christensen
President and Chairman
of the Board
F i r s t Federal Savings and
Loan Association
Salt Lake City, Utah
December 31, 1984

A1len J . Fishbein
Di rector
Neighborhood Revitalization
Project
Center for Community Change
Washington, D.C.
December 31, 1984




E. C. A. Forsberg, Sr.
President and Chief
Executive Officer
Gulf Finance Corporation
Atlanta, Georgia
December 31, 1984

Stanley L. Mularz
President
Trans Union Credit
Information Company
Chicago, Illinois
December 31, 1983

Luther R. Gatling
President
Budget & Credit
Counseling Service
New York, New York
December 31, 1983

William J. O'Connor, Jr.
Partner
Phillips, Lytle, Hitchcock,
Blaine & Huber
Buffalo, New York
December 31, 1983

Vernard W. Henley
President
Consolidated Bank and
Trust Company
Richmond, Virginia
December 31, 1982

Willard P. Ogburn
Deputy Director
National Consumer Law Center
Boston, Massachusetts
December 31, 1984

Juan Jesus Hinojosa
Partner
Hinojosa & Ortiz
McAllen, Texas
December 31, 1982
Shirley T. Hosoi
Vice President,
Franchising
First Interstate Bancorp
Los Angeles, California
December 31, 1982
George S. Irvin
President
George Irvin Chevrolet
Dc-r-ver, CDlorado
December 31, 1983
Harry N. Jackson
Vice President, Credit
Dayton Hudson Corporation
Minneapolis, Minnesota
December 31, 1984
F. Thomas Juster
Di rector
Institute for Social Research
Survey Research Center
University of Michigan
Ann Arbor, Michigan
December 31, 1982
Robert J. McEwen, S.J.
Professor of Economics
Boston College
Chestnut Hill, Massachusetts
December 31, 1982



Janet J. Rathe
Executive Committee Member
Oregon Consumer League
Portland, Oregon
December 31, 1984
Rene Reixach
Staff Attorney
Greater Upstate Law Project
Rochester, New York
December 31, 1982
Peter D. Schel1ie
Partner
Bingham, Dana & Gould
Washington, D.C.
December 31, 1982
Nancy Z. Spillman
Chair, Business Administration
Department and Professor
of Economics
Los Angeles Trade Technical College
Los Angeles, California
December 31, 1983
Clinton Warne
Presi dent
Consumers League of Ohio
Cleveland, Ohio
December 31, 1984
Frederick T. Weimer
General Assistant to the
Vice President and General
Credit Manager
Sears, Roebuck and Co.
December 31, 1984