Background
Grady, Francis Xavier was born on November 17, 1957 in Cleveland. Son of John Jay and Mary Veronica Grady.
(Bankers and financial services professionals are in a uph...)
Bankers and financial services professionals are in a uphill battle to understand the new CRA regulations and their impact on financial institutions. While the new CRA regulations focus more on "performance" rather than "process," for many institutions the new regulations also impose substantial new data collection, disclosure and reporting burdens. The New CRA provides the necessary background for understanding these most recent revisions to the Community Reinvestment Act. The New CRA assesses the impact of the new CRA regulations, including: Measurements for lending, services, and investments; Requiring institutions to collect additional data for small business, small farm and certain consumer loans; Establishing a new approach to assessment based on the financial institution's own strategic plan with input from the local community.
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Grady, Francis Xavier was born on November 17, 1957 in Cleveland. Son of John Jay and Mary Veronica Grady.
Georgetown University (Bachelor of Science in Foreign Service, magna cum laude, 1980). Trinity College, Dublin, Ireland (1979). College of Europe, Bruges, Belgium (Certificate of Advanced European Studies, 1981).
The Ohio State University College of Law (Juris Doctor, 1984).
Spoken languages: French and Portuguese.
Worked at Grady & Associates (Cleveland, Ohio) specializing in Financial Services Law, Banking Law, Business Law, Corporate Law, Securities Law. Admitted to the bar, 1984, Ohio. 1985, District of Columbia.
Author: "The New CRA: A Practical Guide to Compliance," Irwin Professional Publishing, 1997.
"Step-by-Step Guide Can Help Avoid Pitfalls of Buying a Branch," The American Banker, April 1, 1988. "An Internal Audit Can Help a Bank Ensure Compliance with Consumer Protection Laws," American Banker, April 9, 1991.
"CRA Success Starts with a Plan," American Banker, July 30, 1991. "Steering Clear of Pollution Risk," American Banker, January 22, 1992.
"Innocent Errors Create Liability Under the Truth-in-Savings Acting," American Banker, March 23, 1993.
"Financial Institutions Fail to Take Advantage of Dividend Reinvestment Plans," Ohio Record, Fall 1994. Contributing Author: "Consumer Credit: Law, Transaction and Forms," Matthew Bender & Company, 1988-1997. "Banking Law," Consumer Credit, Volume 7, Matthew Bender & Company, 1992-1995.
Ohio Thrift Executive Compensation, September, 1989.
Ohio, Michigan and Indiana Thrift Executive Compensation, August, 1990. Thrift Executive Compensation for Ohio, Michigan and Indiana, September, 1991, September, 1992, September, 1993, August, 1994, September, 1995 and September 1996.
Bank Compensation Survey for Ohio, Michigan and Indiana, August 1994 and September 1995-1996. Member: District of Columbia Bar.
Ohio State Bar Association.
(Bankers and financial services professionals are in a uph...)
Member: District of Columbia Bar. Ohio State Bar Association.
Married Donita Marie Labas.