STAND. COM. REP. NO. 2689

Honolulu, Hawaii

RE:    GOV. MSG. NO. 250

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Madam:

     Your Committee on Commerce and Consumer Protection, to which was referred Governor's Message No. 250, submitting for study and consideration the nomination of: 

Credit Union Advisory Board

G.M. No. 250

GAY L. MATHEWS, for a term to expire 6-30-2014,

begs leave to report as follows:

     Your Committee received testimony in support of this nomination from the Department of Commerce and Consumer Affairs and Hawaii Credit Union League.  A personal statement and resume were received from the nominee.  Written testimony presented to the Committee may be reviewed on the Legislature's website.

     Upon review of the testimony, your Committee finds that the nominee's professional experience, commitment to public service, and proven leadership on the Credit Union Advisory Board qualify her for reappointment to the Credit Union Advisory Board.  Your Committee notes that the nominee has served as the President and Chief Executive Officer of the North Hawaii Community Credit Union for twenty-three years, and is an active participant in numerous Big Island community and civic activities.  Your Committee further finds that this nominee has been reappointed to the Credit Union Advisory Board based on her knowledge, experience, and commitment to public service.

     Your Committee understands that currently, there are only two State-chartered credit unions in the State, and the other ninety-plus are federally chartered.  As a result, this is not an active Board, but it is important to retain qualified, experienced members in the event the Board should be required to make recommendations regarding State-chartered credit unions.

     As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection 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.

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

____________________________

ROSALYN H. BAKER, Chair