Press Releases 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 4th Avenue
Sacramento, CA 95817
916-732-2804 shollen@aol.com

Edgar Callahan

Patelco Credit Union 156 2nd 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