Newspaper Archive of
Cheney Free Press
Cheney , Washington
March 5, 2015     Cheney Free Press
PAGE 11     (11 of 20 available)        PREVIOUS     NEXT      Full Size Image
PAGE 11     (11 of 20 available)        PREVIOUS     NEXT      Full Size Image
March 5, 2015

Newspaper Archive of Cheney Free Press produced by SmallTownPapers, Inc.
Website © 2019. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.

Thursday, March 5, 2015 i Free Press Page 11 visits Fairchild to provide financial education By AL STOVER S ffaep0 er In an effort to educate military personnel, veter- ans and their families on financial options, Fairchild Air Force Base held a town hall meeting Feb. 24 during "Military Saves Week." Holly Petraeus, assistant director of service member affairs for the Consumer Financial Protection Bu- reau (CFPB) was the guest speaker for the event. Petraens explained that the CFPB was formed in the wake of the 2008 recession as a way to protect consum- ers from being taken ad- vantage of by businesses. "There were several consumer financial laws but the enforcement was spread among seven agencies," Petraeus said. "Congress decided to create another new bu- reau for consumers and migrate the federal laws to.this new agency." Shortly after the CFPB Photo by AI Stover Holly Petraeus, assis- tant director of service member affairs for the Consumer Financial Pro- tection Bureau, appeared at Fairchild Air Force Base as a guest speaker for its Feb. 24 town hall meeting. was formed, the office of servicemember affairs was created to help all members of the military. Petraeus said her mission is to see that military per- sonnel and their families get the financial education they need to make bet- ter-informed consumer decisions, monitor com- plaints that come from servicemembers and vet- erans and work with state and federal agencies on consumer protection. Her office also tracks com- plaints to identify trends and can take civil action against companies. As for coming to Fairchild, Petraeus said she wanted to stop at "as many different places we could in the Northwest" during Military Saves Week. Petraeus recommend- ed that families who have complaints should con- nect with the Airman and Family Readiness Center (AFRC) and other resources on their base. "Sometimes they can solve a problem at their home base/' Petraeus said. "The worst thing you can do is ignore it and hope it goes away." Chris Marble, sup- port squadron chief of Fairchild's AFRC, saidDOD employees and says Tve been trying to fix military personnel who veterans," Marble said. it myself and after I filed work 80 hours a week "Folks who have a stable thecomplaintitwassolved could be a target for com- home life can focus on in two weeks,'" a saying panies. Marble added their military mission." Petraeus said. "The mill- that Fairchild's AFRC While Petraeus tary is my extended family office also helps military is just happy to helpso that makes me happy personal living in Airway servicemembers, she does when I can do something Heights, Cheney, Medical feel good to hear back positive for them. Hearing Lake and Spokane. from clients her office has back from them is the icing "Our office functions helped over the years, on the cake." for all Department of De- "It does feel good toAl Stover can be reached at fense personnel and some hear from someone whoal@cheney LAWN SERVICE LANDSCAPING ADVERTISE HERE We ~/I f~l the same commitment to neighbor agent, I can help you meet your insurance needs. Call me today Financial Solutions with a Smile and a Handshake! Chris Graver, AAMS Finandal Advisor 1835 First Street Cheney, WA gg004 509-235~Lq20 wv~.edwardjcoe=.c ore FAwardJoned West Plains Karate www. we stplai nsl