Press Release

January 09, 2006 Consumer Advisory Council appointments for 2006 For immediate release Share The Federal Reserve Board on Monday named ten new members to its Consumer Advisory Council for three-year terms and designated a new Chair and Vice Chair for 2006. The Council advises the Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters relating to consumer financial services. The Council meets three times a year in Washington, D.C. Lori Swanson was designated Chair; her term runs through December 2006. Ms. Swanson is Solicitor General for the Office of the Minnesota Attorney General. Lisa Sodeika was designated Vice Chair; her term on the Council ends in December 2007. Lisa Sodeika is Executive Vice President, Corporate Affairs for HSBC North America Holdings Inc. The ten new members are: Dorothy Bridges Minneapolis, Minnesota Ms. Bridges is the President and Chief Executive Officer of Franklin National Bank, a commercial bank that serves small businesses and non-profit entities. She has experience in analyzing credit risk for loan portfolios, purchasing loan pools from non-profits and government agencies, and working with financial institutions on bank regulatory compliance--specifically in the areas of fair lending and the Community Reinvestment Act (CRA). Tony T. Brown Cincinnati, Ohio Mr. Brown is the Chief Executive Officer of the Uptown Consortium Inc. in Cincinnati, a community development corporation formed by executives from five of the largest employers in Cincinnati. The Consortium focuses on the revitalization of Uptown neighborhoods. While serving at the U.S. Department of Treasury, Mr. Brown implemented the $14 billion New Markets Tax Credit Program. Sarah Ludwig New York, New York Ms. Ludwig is founder and Executive Director of the Neighborhood Economic Development Advocacy Project. Ms. Ludwig helps community groups develop local strategies to address redlining and lending discrimination, and conducts training for groups and their members on consumer protection and fair lending laws, predatory mortgage lending and credit issues, and access to financial services. Mark K. Metz Charlotte, North Carolina Mr. Metz is Senior Vice President and Deputy Counsel of Wachovia Corporation. He is responsible for managing the legal affairs of Wachovia's General Bank, which include first and second lien mortgage lending, deposits, student lending, direct and indirect automobile lending, and credit cards. Mr. Metz is lead counsel on fair lending issues and a member of the General Bank Operating Committee. Lance Morgan Winnebago, Nebraska Mr. Morgan is President and Chief Executive Officer of Ho-Chunk, Inc., the economic development corporation of the Winnebago Tribe of Nebraska. Since 1995, he has directed the development of Ho-Chunk, Inc., focusing on the creation and operation of businesses that provide employment opportunities for members of his tribe. Joshua Peirez Purchase, New York Mr. Peirez is Senior Vice President and Associate General Counsel for MasterCard International, Inc. He is lead counsel to the President of MasterCard's North America Region business unit; MasterCard’s Chief Product Officer; and President of MasterCard Advisors. He is responsible for advising senior management on new product development and global business strategies, and for working with global regulators, the U.S. Congress, and state legislators. Anna McDonald Rentschler Jefferson City, Missouri Ms. Rentschler is the Bank Secrecy Act and Anti-Money Laundering Officer for Central Bancompany. Until recently, she served as Vice President and Compliance Officer for First National Bank of Audrain County, where she was responsible for federal and state compliance supervision and conducting oversight for all mortgage loan activity and sales in the secondary mortgage market. Faith Arnold Schwartz Washington, District of Columbia Ms. Schwartz is Senior Vice President of Government, Housing, and Industry at Option One Mortgage Corporation, a subsidiary of H&R Block. The organization originates mortgage loans, including non-prime residential loans. Ms. Schwartz is responsible for public policy and relationships with legislators, lenders, non-profits, consumer advocacy groups, as well as housing, regulatory, and trade organizations. Edward Sivak Jackson, Mississippi Mr. Sivak is Director of Policy and Evaluation for the Enterprise Corporation of the Delta (ECD), a community development finance institution. He coordinates the activities of The Emerging Markets Partnership to expand economic opportunities in the Delta. Mr. Sivak also manages the evaluation activities for ECD’s commercial lending, housing, and community development programs. Alan White Philadelphia, Pennsylvania Mr. White is Supervising Attorney for Community Legal Services, Inc., a legal service provider for low-income Philadelphia residents. He represents low-income consumers in such areas as mortgage foreclosure, bankruptcy, real estate, consumer credit, truth-in-lending, debt collection, civil rights, and family law cases. Council members whose terms continue through 2006 are: Dennis L. Algiere Senior Vice President Compliance and Community Affairs The Washington Trust Company Westerly, Rhode Island Sheila Canavan Consumer Attorney Law Office of Sheila Canavan Moab, Utah Anne Diedrick Senior Vice President JPMorgan Chase Bank New York, New York Hattie B. Dorsey President and Chief Executive Officer Atlanta Neighborhood Development Partnership Atlanta, Georgia Bruce B. Morgan Chairman, President and Chief Executive Officer Valley State Bank Roeland Park, Kansas Mary Jane Seebach Managing Director, Public Affairs Countrywide Financial Corporation Calabasas, California Paul J. Springman Chief Marketing Officer Equifax Atlanta, Georgia Forrest F. Stanley Senior Vice President and Deputy General Counsel KeyBank National Association Cleveland, Ohio Council members whose terms continue through 2007 are: Stella Adams Executive Director North Carolina Fair Housing Center Durham, North Carolina Faith L. Anderson Vice President,Legal Compliance and General Counsel American Airlines Federal Credit Union Fort Worth, Texas Carolyn Carter Attorney National Consumer Law Center Gettysburg, Pennsylvania Michael Cook Vice President Wal-Mart Stores, Inc. Bentonville, Arkansas Donald S. Currie Executive Director Community Development Corporation of Brownsville Brownsville, Texas Kurt Eggert Professor of Law and Director of Clinical Legal Education Chapman University School of Law Orange, California Deborah Hickok Chief Executive Officer and President ACH Commerce, LLC Ooltewah, Tennessee Anselmo Villarreal Executive Director LaCasa de Esperanza, Inc. Waukesha, Wisconsin Kelly K. Walsh Former Senior Vice President Bank of Hawaii Compliance and Community Development Honolulu, Hawaii Marva E. Williams Senior Vice President Woodstock Institute Chicago, Illinois

Federal Reserve (2006, January 8). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20060109_consumer_advisory_council_appointments_for_2006

@misc{wtfs_press_release_20060109_consumer_advisory_council_appointments_for_2006,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2006},
  month = {Jan},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20060109_consumer_advisory_council_appointments_for_2006},
  note = {Retrieved via When the Fed Speaks corpus}
}