By Angela Smith
The Consumer Financial Protection Bureau’s Credit Union Advisory Council has named Gary Bell an inaugural member of the council to serve a 2-year term.
The advisory council works to ensure that the bureau stays in touch with the needs and perspectives of credit unions and strengthens the bureau’s commitment to protect consumers.
Bell is a candidate for Richmond City Council, running on a platform of financial empowerment and commitment to Richmond’s youth and business communities.
“Appointment to the Consumer Financial Protection Bureau’s (CFPB) Advisory Council is an honor for me and extends my commitment to serve my community,” said Bell.
“I am honored to recommit my time and skills to help make Richmond the best it can be,” he said. “As you may recall from my previous service as a member of the Richmond City Council, I bring proven financial expertise, much needed civil leadership and a deep devotion to service to this city I have come to love.”
The financial protection bureau supervises depository institutions and credit unions with total assets of more than $10 billion.
The advisory council promotes the exchange of ideas, experiences and best practice between credit union professionals and bureau staff. The council also helps guide the bureau’s regulation of consumer financial products and services and provides information, analysis and recommendations to the bureau.