Donna Owens, director of the Ohio Department of Commerce, and Curtis Stitt, Superintendent of the Division of Financial Institutions, will tour WECU Credit Union, Inc., 121 Emmaus Road in Marysville on Thursday, August 21 at 4 p.m. The tour will be led by Office Manager Teresa Adams.

As Director of the Ohio Department of Commerce, Owens oversees the Division of Financial Institutions which charters and regulates Ohio's 310 state-chartered credit unions. These institutions hold more than $5.9 billion in assets.

WECU Credit Union, which holds assets of $13 million, serves the employees of Nestle R & D Center in Marysville as well as 30 other organizations.

During the visit, Director Owens and Ms. Adams will discuss the role of state-chartered credit unions in Ohio.

# # #

The Ohio Department of Commerce’s Division of Financial Institutions regulates financial institutions chartered in Ohio. The superintendent serves as chief executive officer of the division and three deputy superintendents oversee the sections of Banks, Savings and Loans/Savings Banks, and Credit Unions. These sections are responsible for all examination, supervision and regulation activities of each specific industry. In addition to financial institutions, Commerce also regulates securities, industrial compliance, fire codes, unclaimed funds, and real estate, among other industries. On July 1, 1997, the former Department of Liquor Control joined the Department of Commerce as the Division of Liquor Control.