Eric L. Richard is a principal in the newly established law firm of CU Counsel in Washington, D.C. Previously, Eric served for nearly 18 years as General Counsel (and for much of that time as Executive Vice President) of the Credit Union National Association (CUNA) in Washington.
He led CUNA’s Legal Department, advising the Board of Directors, CEO, and senior management on governance issues, as well as supervising CUNA’s Regulatory Advocacy and Regulatory Compliance activities. Eric met frequently with federal regulators. Eric has played a key role in pursuing credit union interests in litigation involving field of membership, unrelated business income, payments, operations, and other legal challenges.
Eric has held a number of other positions in the financial services sector, particularly at Freddie Mac, where he served in the Legal Division’s Corporate Affairs Department, ultimately as Associate General Counsel for Legislative and Regulatory Affairs. He also worked as a top aide to a U.S. Senator, pursuing projects with members of both political parties.
Earlier in his career, Eric worked at the U.S. Department of Justice, where he served both as Associate Deputy Attorney General and as a special assistant to the U.S. Attorney General. Eric has also worked at large law firms in Washington, D.C., where he focused primarily on financial services matters.
Eric is a graduate of Princeton University (with highest honors, Phi Beta Kappa) and Harvard Law School, where he was Executive Editor of the Harvard International Law Journal. He has a lifelong interest in Russian affairs and speaks Russian. He has taken an active interest in Russian credit unions under the auspices of the World Council of Credit Unions. He lives in Maryland with his wife, Laura, and has two adult children.