Brady named new state banking commissioner
by MBJ Staff
Published: October 4,2011
RIDGELAND — Gov. Haley Barbour has appointed Theresa Brady of Ridgeland as commissioner of the Department of Banking and Consumer Finance. Brady begins the new position effective immediately.
Brady replaces John Allison, who retired in September after almost 40 years with the department.
The Department of Banking and Consumer Finance executes laws related to banking, credit unions, motor vehicle sales, mortgage brokers and other financial businesses, and ensures compliance with statutes and regulations.
Brady’s appointment must be confirmed by the Senate.
Brady, a native of Columbus, joined the Mississippi Department of Banking and Consumer Finance in 1981 as a bank examiner. She has served as deputy commissioner since July 1, 2000. Prior to becoming deputy commissioner, she was the director of the Department’s Consumer Finance Division where she was responsible for overseeing the examination of and enforcement actions against a number of consumer industries.
Prior to returning to the department in 1998 as director of the Consumer Finance Division, Brady served as the bond director for the State Treasury Department and as an assistant city attorney for the City of Jackson.
Brady is a current member and a past president of the National Association of Consumer Credit Administrators. She previously served as first vice president and as secretary-treasurer. Brady is also a member of the American Association of Residential Mortgage Regulators and the Mississippi Bar Association. Brady has attended courses of instructions and conferences presented by various groups such as CSBS, NACCA, AARMR and MTRA as well as courses offered by related industries and associations.
Brady received a bachelor of science degree in banking and finance from Mississippi State University and a law degree from Mississippi College School of Law.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- TECH 21 — Mississippi's most wanted in technology
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Officials set hunting dates for birds; expands dove season by 20 days
- Mississippi judge dismisses lawsuit seeking to overturn Sen. Cochran's GOP primary win
- Judge expected to rule today on McDaniel's challenge of loss to Cochran
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- Circuit clerks question how to get records to McDaniel's trial
- Chefs John Folse and Rick Tramonto are dotting every ‘i’ and crossing every ‘t’ in the development of Seafood R’evolution, which is set to open in November