Faith Lleva Anderson is Senior Vice President & General Counsel for American Airlines Federal Credit Union (Credit Union) headquartered in Dallas/Fort Worth, Texas. Anderson oversees legal, compliance, anti-money laundering, government relations, vendor management, board governance and litigation. The Credit Union was founded in 1936, has over $7.3 billion in assets, 47 branches located in 14 states and serves over 297,000 members located throughout the United States.
Anderson was a member of the Consumer Financial Protection Bureau’s Credit Union Advisory Council and chair of its Card Payment and Deposit Markets subcommittee. In 2017, she testified before the House’s Financial Institutions and Consumer Credit Subcommittee at a hearing titled Examining the BSA/AML Regulatory Compliance Regime and participated in Treasury’s Roundtable meeting with credit unions. In 2016, she also participated in the National Credit Union Administration’s Exam Flexibility Initiative for billion dollar credit unions chaired by Regional Director Keith Morton.
Anderson has served as Chair for the American Bar Association Business Law’s Committee on Credit Unions. She testified at a Home Mortgage Disclosure Act hearing before Federal Reserve Board Governor Elizabeth Duke. Anderson also served a three-year term on the Federal Reserve Board’s Consumer Advisory Council representing credit unions where she also chaired its Depository & Delivery Systems Committee. She has spoken to various groups including compliance officers, CEOs, board members and attorneys regarding regulatory and compliance issues.
Prior to joining American Airlines Credit Union, Anderson was in private practice in Wisconsin. She was also a former Chapter 7 bankruptcy trustee for the Eastern District of Wisconsin in Milwaukee, Wisconsin and also served as a staff attorney to the chief bankruptcy judge there.
Anderson holds a law degree from Marquette University where she was also a member of the Marquette Law Review. She holds a bachelor’s of business administration degree from the University of Wisconsin - Madison. She is licensed to practice law in Texas and Wisconsin.