Full text of Federal Reserve Bank of New York Circulars : Consumer Advisory Council

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FEDERAL RESERVE BAMDC
OF MEW YOR&C

i]T /o f& f
July 11, 1986

CONSUMER ADVISORY COUNCIL
Request For Nominations
To the Chief Executive Officers o f Depository Institutions
in the Second Federal Reserve District, and Others Concerned:

The Board of Governors of the Federal Reserve System is seeking nominations from the public
for seven appointments to its Consumer Advisory Council. In this regard, the following statement
was issued by the Board of Governors:
The Federal Reserve Board has announced that it is seeking nominations of qualified individuals
for seven new appointments to its Consumer Advisory Council to serve three-year terms beginning in
January 1987.
The Council, established by Congress in 1976, advises the Board on the exercise of its responsibili­
ties under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice.
The Council meets three times a year.
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. Nominations must be received no later than August 22, 1986.
Nominations should include the name, 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.

Nominations may also be sent to Eric K. Tarlow, Supervising Examiner, Compliance Exami­
nations Department, who will then forward them to the Board of Governors.
Printed on the reverse side of this circular is the text of the Board’s formal notice in this matter,
which has been reprinted from the Federal Register. The notice includes a complete list of the cur­
rent members of the Consumer Advisory Council.
E.

G

erald

C o r r ig a n ,

President.

(OVER)

C®nsum©ir Advisory Council;
Solicitation off Nominations for
M@mb®rs!hip
AGENCY: Board of Governors of the
Federal Reserve System.
ACTION: Solicitation of nominations for
membership on the Board’s Consumer
Advisory Council.
SUMMARY: The Board is asking the
public to nominate qualified individuals
for appointment to its Consumer
Advisory Council. Seven new members
will be selected for three-year terms that
will begin in January 1987. Nominations
should include the name, address, and
telephone number of the nominee,
together with information about past
and present positions held, and special
knowledge, interests or experience
related to consumer credit or other
consumer financial services. The Board
is particularly interested in receiving
nominations of persons from consumer
advocacy groups, community
organizations, state and local
government offices, and the academic
community who have taken special
interest in consumer or mortgage credit
or other consumer financial services. It
is contemplated that the Board will
announce its selection of new members
by year-end.
BAYS: Nominations should be received
by August 22,1988.

groups. The Board expects to announce
its selection of new members by yearend.
The Board is interested in candidates
who have some familiarity with current
issues in the area of consumer credit
and other consumer financial sendees.
The Board is particularly interested in
receiving nominations of persons
associated with consumer and
community organizations, state and
local government offices, and the
academic community who have taken
special interest in consumer or mortgage
credit or other consumer financial
services.
The Council meets in Washington, DC
three times a year. Council members are
paid $100 per day for participating in the
one and a half day meetings and for
travel time. The Board also pays travel
expenses.
The names and affiliations of current
Council members (and the expiration
date of each term of office) are listed
below;
Chairman
Margaret M. Murphy, Associate
Professor and Director, Columbia
Center, Johns Hopkins University,
Columbia, Maryland, December 31,
1986
Vice Chairman

ADDRESS: Nominations should be
submitted in writing to Dolores S. Smith,
Assistant Director, Division of
Consumer and Community Affairs,

Lawrence S. Oikinaga, Partner,
Carlsmith, Carlsmith, Wichman and
Case, Honolulu, Hawaii, December 31,
1980

Board of Governors of the Federal
Reserve System, Washington, DC 20551.
This information about nominees is
available for inspection upon request,
except as provided in § 261.0(a) of the
Board’s Rules Regarding Availability of
Information. (12 CFR 261.6(a)).

M embers

P©R FOOTMEK OMF©KI[«!ATS©K) S O O T A S T :

Bedelia Calhoun, Staff Specialist,
Division of Consumer and Community
Affairs, (202) 452-3305; or for
Telecommunications Device for the Deaf
(TD) users, Eamestine Hill or Dorothea
Thompson, (202) 452-3544; Board of
Governors of the Federal Reserve
System, Washington, DC 20551.
SUP>F>yiPJ3iKnrA^V INFORMATION: The
Consumer Advisory Council was
established by the Congress in 1976 to
advise the Federal Reserve Board on the
exercise of its 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. Members serve three-year
terms that are staggered to provide the
Council with continuity.
Seven new members will be selected
this year to replace members whose
terms expire on December 31,1980. In
making the appointments, the Board will
seek to complement the qualifications of
continuing Council members in terms of
affiliation and geographic
representation, and to ensure the
representation of women and minority

Rachel G. Bratt, Assistant Professor,
Department of Urban and
Environmental Policy, Tufts
University, Medford, Massacusetts,
December 31,1986
Edwin B. Brooks, President, Security
Federal Savings & Loan Association,
Richmond, Virginia, December 31,
1988
Jonathan A. Brown, Director,
BankWatch, Washington, DC.,
December 31,1987
Michael S. Cassidy, Senior Vice
President, Chase Manhattan Bank,
N.A., New York, New York, December
31,1988
Theresa Faith Cummings, Social
Services, Consultant, Springfield,
Illinois, December 31,1987
Neil J. Fogarty, Senior Attorney, Hudson
County Legal Services, Jersey City,
New Jersey, December 31,1988
Steven M. Geary, Associate GeneraF
Counsel, Consumer Credit, Missouri
Division of Finance, Jefferson City,
Missouri, December 31,1986
Kenneth A. Hall, President, Great
Southern National Bank of Jackson,
Jackson, Mississippi, December 31,
1988
Steven W. Hamm, Administrator, South
Carolina Department of Consumer
Affairs, Columbia, South Carolina,
December 31,198®

Robert J. Hobbs, Senior Attorney,
National Consumer Law Center,
Boston, Massachusetts, December 31,
1988
Robert W. Johnson, Professor of
Management and Director, Credit
Research Center. Purdue University,
West Lafayette, Indiana, December
31, 1988
John M. Kolesar, President, Ameritrust
Development Bank, Cleveland, Ohio,
December 31.1988
Edward N. Lange, Partner, Davis,
Wright, Todd, Riese & Jones, Seattle.
Washington, December 31,1987
Alan R Lerner, Senior Executive Vice
President, Associates Corporation of
North America, Dallas, Texas,
December 31,1988
Fred S. McChesney, Assistant Professor
of Law, Emory University Atlanta.
Georgia, December 31,1987
Fred H. Miller, Professor of Law,
University of Oklahoma College of
Law, Norman, Oklahoma, December
31,1986
Robert F. Murphy, Chairman, General
Motors Acceptance Corporation,
Detroit, Michigan, December, 31,1986
Helen E. Nelson, President, Consumer.
Research Foundation, Mill Valley;
California, December 31,1987 .
Sandra R. Parker, Chairman, Banking
Committee, Richmond United
Neighborhoods, Richmond, Virginia,
December 31,1888
'y. < ■ ■., ”
Joseph L. Perkowski, Chief Executive
Officer, Minneapolis Federal
Employees Credit Union, Centerville,
Minnesota. December 31,1987
Brenda L. Schneider, Director of
Community Relations, Manufacturers
National Bank, Detroit, Michigan.
December 31,1987
Jane Shull, Director, Institute for the
Study of Civic Values, Philadelphia,
Pennsylvania, December 31,1988
Ted L. Spurlock. Vice President and
Director of Credit and Consumer
Banking Services, J.C. Penney
Company, Inc., New York, New York.
December 31,1987
Mel R. Stiller. Executive Director,
Consumer Credit Counseling Service
of Eastern Massachusetts, Boston,
Massachusetts, December 31,1987
Christopher J. Sumner, President and
Chief Executive Officer, Western
Savings & Loan Company, Salt Lake
City, Utah, December 31,1987
Edward J. Williams, Senior Vice
President, Consumer Banking Group,
Harris Trust and Savings Bank,
Chicago, Illinois, December 31,1988
Mervin Winston, Vice President, First
Bank System, Inc., Minneapolis,
Minnesota. December 31,1986
Michael Zoroya, Retail Services
Consultant, The May Department
Stores, S t Louis, Missouri, December
31j 1987
Board of Governors of the Federal Reserve
System, Juhss 12.1®86.
James McAfee,

Associate Secretary o f the Board.
[FR Ddc. 86-13693 Filed 6-17-86; 8:45 amj