The Federal Reserve Board is accepting applications from individuals who would like to serve on its Community Advisory Council (CAC).
The CAC, formed in 2015, advises the board on issues affecting consumers and communities. It consists of a group of experts and representatives of consumer and community development organizations and interests, including affordable housing, community and workforce development, small business, and asset and wealth building.
CAC members meet semiannually with members of the Board of Governors in Washington, D.C. to provide a range of perspectives on the economic circumstances and financial services needs of consumers and communities, focusing on the concerns of low- and moderate-income individuals and areas.
The CAC complements two of the board’s other advisory councils — the Federal Advisory Council and the Community Depository Institutions Advisory Council — whose members represent depository institutions.
The board plans to announce the appointment of CAC members in the fall of 2017. The board welcomes applications from all areas of expertise, but is keenly interested in gaining perspectives on local labor and workforce developments to complement the national and regional representation on the council.
Applications received on or before June 5, 2017, will be considered for selection to the CAC for terms beginning January 1, 2018.
Individuals who are interested in being considered may submit an application via the board’s website or via email at CCA-CAC@frb.gov.