The mission of the Consumer Financial Services Committee is to provide excellent educational and networking opportunities for its members, who represent consumers, industry, agencies, and regulators.
- Approximately 1300 members
- Three meetings per year, including the BLS Spring Meeting, the BLS Annual Meeting, and the CFSC Winter Meeting, which is all CLE
- Numerous substantive subcommittees dealing with a wide variety of topics which present CLE and non-CLE programs at each meeting
- Both a young lawyers subcommittee and an in-house counsel subcommittee to address the needs of their members
- Acts as a resource to agencies as legislation or regulations are promulgated
- Publishes the preeminent annual survey of consumer financial services law
- Sponsors annual Consumer Financial Services Institute for new practitioners
- Publishes on-line newsletter
Areas of Practice
- Housing and personal property finance
- Truth in lending
- Financial privacy, credit reporting, information security and identity theft
- Federal preemption of state and local laws
- Electronic delivery of consumer financial services
- Stored value and credit cards
- Credit discrimination and fair access to financial services
- Litigation and arbitration
- Debt collection and consumer bankruptcy
- Compliance management
- Deposit products and payment systems
- Federal and state trade practices
How to Get Involved?
Are you interested in joining or working with the Consumer Financial Services Committee? The Committee meets three times a year - at the stand alone Committee meeting in January, the Business Law Section Spring Meeting in April, and the Business Law Section Annual Meeting in September. Most of our work is done at these meetings and we welcome anyone to join us. You also can get involved with the Committee by submitting articles to be published on the Committee's website and/or in the Newsletter. You can contact Amy Durant or Grace Powers, Publications Co-Chairs, or Rachel Marin, Publications Vice Chair, if you are interested in submitting articles or website content. The Committee also has an active Young Lawyers subcommittee, which is a great way for anyone practicing in this field for less than ten years to get plugged into the Committee. Contact Dan McKenna, Young Lawyers Chair, to get involved with this subcommittee. You also are welcome to contact Nikki Munro, Committee Chair, Jim Brown, Julie Caggiano, or Andrew Smith, Committee Vice Chairs, Carolyn Hann, Membership Chair, or Grace Powers, Membership Vice Chair, to find other ways to get involved.
The next CFSC meeting will be held in New Orleans, Louisiana at the Ritz Carleton, French Quarter, January 10-13. Meetings will begin on Saturday, January 10, with Beer and Basics at 4:00 pm, and conclude Tuesday, January 13. See Programs, Meetings, and Events on this page for more information and to register. We hope to see you there.
Pro Bono Statement
The Committee has taken a leadership position in the Business Law Section's pro bono initiatives. It has identified promotion of consumer financial literacy as its principal goal. Its members have created, expanded and continue to update and maintain the website Safeborrowing.com, which provides information in lay terms about the financial matters that have the greatest importance to consumers: home mortgages, auto finance, credit cards and student loans.
The Committee initiated a partnership between the Business Law Section and Junior Achievement to provide volunteers to present financial literacy programs at local schools across the country and its members are actively participating in the partnership. The Committee's members have also taken an active role in the Section's annual Equal Justice Conference, which provides educational programs that promote pro bono efforts by business lawyers.