NAFCU Nominates Two to Fed Consumer Council
Duke University Federal Credit Union Chief Operating Officer Daniel Berry and First Financial Federal Credit Union President/CEO Issa Elias Stephan have been nominated by NAFCU to the Federal Reserve Board's Consumer Advisory Council.
Berry has helped develop the credit union's financial education program and a money market savings program for low-income members. Stephan has led his credit union through a charter conversion and installed software to minimize delinquencies and charge-offs.
If selected by the Fed, Berry and Stephan would join the 30-member council founded in 1976 to represent the interests of consumers, communities and financial institutions. The board will pick 10 people to begin three-year terms next January.