Johnson and Royce to Give a Legislative, Regulatory Feel to first CU Summit

SAN DIMAS, Calif. – The 2005 Credit Union Summit, hosted by WesCorp and the California CU League, will have the unique feature of the industry’s top regulator on a panel with a member of Congress who has introduced credit union reform legislation. To be held Feb. 23 at WesCorp’s headquarters, the summit will feature NCUA Chairman JoAnn Johnson and California Congressman Ed Royce, the main sponsor of the Credit Union Regulatory Improvements Act. WesCorp CEO Bob Siravo and California CU League CEO David Chatfield will also be featured speakers. According to the sponsors, the summit will provide an open forum for a discussion on how the current regulatory and legislative framework should be reformed to help credit unions better serve their members. “The Credit Union Summit is set to deepen the partnership among the leaders of America’s credit union movement, our regulators in the National Credit Union Administration and our representatives in elected office. WesCorp is proud to join with our league in facilitating this historic venue,” said Siravo. More than 120 Southland credit union CEOs are expected to attend, and are invited to participate in the open dialogue with Johnson, Royce, Siravo and Chatfield.