California Credit Union Advisory Committee

The Credit Union Advisory Committee was created legislatively in 1996 (effective July 1, 1997) concurrently with the creation of the Department of Financial Institutions. When the Department of Financial Institutions and Department of Corporations merged in July 2013 to form the Department of Financial Protection and Innovation, the Committee continues to operate pursuant to California Financial Code Sections 14380-14384. The Committee advises the Commissioner of the Department of Financial Protection and Innovation and Deputy Commissioner for the Division of Credit Unions on matters relating to credit unions or the credit union business.

The appointed members will serve a two-year term. Membership in the Credit Union Advisory Committee is voluntary. Members do not receive any compensation, reimbursement for expenses, or other payment from the state in connection with service on the Committee.

The Credit Union Advisory Committee meets once each calendar quarter.

The California Department of Financial Protection and Innovation (DFPI) is soliciting applications to fill two vacant positions on the Credit Union Advisory Committee for the 2025-2027 term.  Applications are due by September 13, 2024. 

DFPI strives to have broad representation on the committee and considers the following priorities when making recommendations for appointment to this position:

• Geographic representation
• Small, Mid-Size, and Large credit unions
• Fields of membership
• Leadership in industry related state and national associations
• Diverse backgrounds and experience

If you are interested in serving on the Advisory Committee for the 2025-2027 term, please submit an application expressing your interest and summarizing your qualifications for service. Please include:

• Background
• Areas of expertise
• Reasons for serving on the committee
• Credit union’s size, region, and field of membership
• Challenges you face in your own credit union
• Whether your credit union has private or federal insurance
• Experience with hot issues in the current public policy environment, including serving underbanked and vulnerable Californians, financing affordable housing, financial innovation, and community reinvestment.

Please submit your email application to Purvi Patel, Deputy Commissioner, Office of Credit Unions at purvi.patel@dfpi.ca.gov by September 13, 2024.