David Reiling, Monica Thomas Named to CFPB’s Community Bank Advisory Council
The CFPB has announced that David Reiling, CEO of Minneapolis-based Sunrise Banks, and Monica Thomas, Executive Vice President of Illinois Service Federal Savings and Loan Association in Chicago, Ill. will join the CFPB’s new Community Bank Advisory Council. The Dodd-Frank Act charges the CFPB with establishing the Consumer Advisory Board to advise and consult with the Bureau’s Director on consumer protection, financial services, community development, fair lending and civil rights. “These new members of our advisory board and councils will provide valuable input to help us better understand the consumer financial marketplace,” said CFPB Director Richard Cordray.