CHAMBER ANNOUNCES KEYNOTE FOR ANNUAL LUNCHEON MEETING

The Indiana County Chamber of Commerce annouces the keynote speaker for its 91st annual membership luncheon meeting on Friday December 5 at the Indiana Country Club.

Jim Miller, CEO of S&T Bank and Chairman of the Indiana County Chamber of Commerce announced today that A. William Schenck III, Pennsylvania Secretary of Banking will be the keynote speaker at the 91st Annual Indiana County Chamber of Commerce Membership Luncheon Meeting on Friday, December 5 at 12:00 p.m. at the Indiana Country Club.

The Secretary of Banking is the Chief Executive Officer of the Department of Banking. The Secretary is appointed by the Governor with the advice and consent of the Senate of Pennsylvania. The Department has a Deputy Secretary for Financial Depository Institutions and a Deputy Secretary for Administration and Non-Depository Institutions.

The Department is organized into three bureaus: Examinations; Supervision and Enforcement; and Licensing, Compliance and Consumer Services. In addition to the three bureaus, other major components of the department include the Office of Chief Counsel, the Administration Services Division, the Information Technology Division, the Human Resources Division, and Fiscal Services.

Schenck was appointed by Governor Ed Rendell in 2003 and provides overall leadership to the state Banking Department, which supervises Pennsylvania state-chartered banks, non-depository trust companies, savings and loan associations, and credit unions. The Department also licenses more than 12,000 non-depository financial services companies making or brokering various types of consumer loans.

In an effort to protect Pennsylvania consumers, the Department ensures the safety and soundness of all state-chartered depository institutions as well as the compliance of all regulated entities with state banking law. The Department has 110 employees and a budget of $12 million.
As Secretary, Schenck is the Chairman of the Board of Directors of the Pennsylvania Housing Finance Agency. He also serves on the Board of Directors of the Pennsylvania Industrial Development Authority, the Pennsylvania Economic Development Financing Authority, the Pennsylvania Minority Business Development Authority, and the Pennsylvania Community Development Bank Operational Committee.
The Secretary has spent more than 30 years working in the banking industry, beginning with PNC Bank in Pittsburgh, where he rose through the ranks to the position of executive vice president in charge of consumer and small business banking. Schenck then served as vice chairman of Great Western Financial Corporation, Chatsworth, CA, a $43 billion financial services company. He then served as chairman and chief executive officer of Fleet Mortgage Group, Inc., Columbia, SC, one of the top five mortgage companies in the U.S.
The Secretary has also served in a variety of civic, charitable and corporate endeavors both within Pennsylvania and throughout the U.S. He is presently on the boards of directors of Wiser Oil Company, Shady Side Academy, Fox Chapel Country Day School, and Pittsburgh Theological Seminary. Schenck has also held leadership positions with and served on the boards of directors of Pittsburgh National Bank, VISA USA, Inc., Electronic Payment Services, Inc., Consumer Bankers Association, Pennsylvania Bankers Association, Greater Pittsburgh Chamber of Commerce, United Way of Los Angeles, Allegheny General Hospital, Leadership Pittsburgh, Pittsburgh Ballet Theater, Pittsburgh Shakespeare Festival, YMCA of Pittsburgh, Three Rivers Youth, Health and Welfare Planning Association of Pittsburgh, Urban League of Pittsburgh, Pittsburgh Cancer Institute, Central Blood Bank of Pittsburgh, Metropolitan Pittsburgh Broadcasting, Inc., (WQED), Carnegie One Hundred, Palmetto Business Forum, Midlands Business Forum, Greater Columbia (SC) Chamber of Commerce, River Alliance, and Palmetto Health Foundation.
Secretary Schenck is a Phi Beta Kappa graduate of the University of Virginia. Mr. Schenck is a native of Pittsburgh, Pennsylvania.
Miller said that the Chamber is fortunate to have Schenck as this years keynote speaker and added that in light of the fact that Indiana County has two of the largest financial institutions in the Commonwealth it is entirely appropriate that Schenck be this years keynote.
Miller encouraged Chamber members to make their reservations as soon as possible and said that this years deadline for reservations was Monday, December 1. Tickets this year are $40.00 each with preferred seating tables of ten available at $400.00. The luncheon will be hosted at the Indiana Country Club at 12:00 p.m.