Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Commerce, Consumer Protection, and Housing, to which was referred Governor's Message No. 565, submitting for study and consideration the nomination of:

begs leave to report as follows:

The Hawaii Credit Union League (HCUL) and an individual testified in support of the nomination.

GARY S. FUKUROKU has been employed since 1991 as manager and chief executive officer of the Maui County Employees Federal Credit Union, the Valley Isle's largest credit union, with $138,500,000 in assets and over 10,000 members. For the past four years, Mr. Fukuroku has served as president of the Valley Isle Credit Union Executives Association.

Additionally, the nominee is a member of the HCUL Family Involvement Committee, a former member of the Consumer Credit Counseling Services Board of Directors, and a graduate of the Western Credit Union National Association Management School. Mr. Fukuroku currently serves on the Credit Union Advisory Board.

As affirmed by the record of votes of the members of your Committee on Commerce, Consumer Protection, and Housing that is attached to this report, your Committee, after full consideration of the background, experience, and qualifications of the nominee, has found the nominee to be qualified for the position to which nominated and recommends that the Senate advise and consent to the nomination.