Press Releases

PRESS RELEASE 01-05
April 23, 2001
Contact: Alana Golden, Public Information Officer
(916) 323-7012 or (916) 322-5966
www.dfi.ca.gov

California Business, Transportation and Housing Agency Secretary Maria Contreras-Sweet Announces Appointment of Credit Union Advisory Committee Members

SACRAMENTO - Business, Transportation and Housing Agency Secretary Maria Contreras-Sweet today announced the appointment of the 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. The Committee was established under California Financial Code Section 14380-14384 to advise the Commissioner and Deputy Commissioner of Financial Institutions for the Division of Credit Unions on matters relating to credit unions or the credit union business.

"The meetings between the State Department of Financial Institutions and the Credit Union Advisory Committee encourage a productive relationship between the credit union industry and its regulator," said Donald R. Meyer, Commissioner of Financial Institutions.

Secretary Maria Contreras-Sweet of the Business, Transportation and Housing Agency appointed the seven members, which 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.

A list of members, organization, address, telephone number and email address is attached.

The Department of Financial Institutions is responsible for regulating the safety and soundness of California's state-chartered financial institutions, including state-licensed banks, state-licensed savings and loans, trust companies, state-licensed offices of foreign banks, issuers of travelers checks and payment instruments (money orders), transmitters of money abroad, state-licensed credit unions, and state-licensed industrial banks. DFI reports to Secretary Maria Contreras-Sweet of the Business, Transportation and Housing Agency and Governor Gray Davis.

California Department of Financial Institutions

CREDIT UNION ADVISORY COMMITTEE
April 23, 2001

Name	Organization	Address	Telephone number	e-mail address
Colleen Householder	America's Choice Credit Union	660-A Price Avenue Redwood City, CA 94063	650-366-5522	Colleen@americaschoicecu.org,
Larry Sharp	Arrowhead Central Credit Union	2121 North "D" Street San Bernardino, CA 92405	909-890-0211	larry_sharp@arrowheadcu.org
Monica Lopez	Coastline Community Credit Union	5555 Stearns Street, Suite 106 Long Beach, CA 90815	562-493-3131	mlopez@coastlineccu.org
Bruce Barnett	Educational Employees Credit Union	2222 West Shaw Avenue Fresno, CA 93711-3407	559-437-7714	bbarnett@eecufresno.org
Stan Hollen	The Golden1 Credit Union	6507 4^th Avenue Sacramento, CA 95817	916-732-2804	shollen@aol.com
Edgar Callahan	Patelco Credit Union	156 2^nd Street San Francisco, CA 94105	415-442-7187	ed@patelco.org
William Harris	Priority One Credit Union	1631 Huntington Drive South Pasadena, CA 91030	626-441-1999	wharris@priorityonecu.org