[Congressional Record (Bound Edition), Volume 149 (2003), Part 7]
[Senate]
[Pages 8596-8597]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    TRIBUTE TO KENNETH RAY McCARTHA

 Mr. SESSIONS. Mr. President, I take this opportunity to pay 
tribute to Kenneth Ray McCartha, who was an outstanding citizen of 
Alabama.
  Mr. McCartha was a native of Crenshaw County, AL. He graduated from 
Greenville High School in 1956 and Troy State University in 1960. His 
exceptional banking career began in 1960 when he served with the 
Greenville Bank in Greenville, AL, leaving in 1963 to work as an 
Examiner with the Alabama State Banking Department. He graduated from 
the Graduate School of Banking of the South at Louisiana State 
University in 1968. He was promoted to Senior Bank Examiner in 1973 and 
appointed Deputy Superintendent of Banks in Alabama in 1974. He was 
appointed Acting Superintendent by Governor George C. Wallace in 1978 
and reappointed by Governor Fob James in 1979. He was reappointed 
Superintendent of Banks by Governor Wallace in 1983 and held that 
position until 1985, resigning to resume the position as Deputy 
Superintendent under the State merit system. He served as 
Superintendent once again beginning in 1993, a position he held until 
his retirement on December 31, 1996. While serving in this position he 
also served as a member of the Alabama Securities Commission, the 
Alabama Agriculture Finance Authority, the Alabama higher Education 
Loan Corporation, and the Alabama Housing Finance Authority.
  Following his retirement, he was an active participant in the 
accreditation process for banks with the Conference of State Bank 
Supervisors. CSBS is a national association of State officials 
responsible for chartering, supervising and regulating the Nation's 
State-chartered banks.
  Mr. McCartha set a high standard of effectiveness, ethics and 
leadership and had a unique ability to build coalitions and find 
solutions to the many tough situations facing banks today.
  I commend his life and his service to banking in the State of 
Alabama, and
I am honored to come to the floor
today to recognize his many accomplishments.

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