L. Ray Jackson Receives ABA Distinguished Service Award for Compliance

Lawrence “L. Ray” Jackson, former FDIC deputy regional director for the division of depositor and consumer protection in the Chicago regional office, today received the 2022 American Bankers Association’s Distinguished Service Award for Compliance.  The award, which recognizes leadership, initiative and accomplishment in banking regulatory compliance management, as well as volunteer service through ABA, was presented during ABA’s Regulatory Compliance Conference in Orlando.

The ABA Compliance Administrative Committee, composed of 15 leading bank executives in the compliance profession, solicits nominations and selects the honoree.

Jackson is the 28th recipient of the ABA Distinguished Service Award for Compliance.

“L. Ray spent his career generously sharing his wisdom and perspective as a regulator with thousands of compliance professionals, and he was consistently a top-rated instructor with the ABA Compliance School,” said Ginny O’Neill, ABA’s executive vice president of regulatory compliance and policy. “The contributions he made to the industry are unparalleled—particularly when you consider his role as a regulator. We are thrilled to name him this year’s Distinguished Service Award winner.”

“I am honored to be recognized by my colleagues throughout the industry and grateful I had the opportunity to make a positive impact,” Jackson said. “It was a meaningful career that I look back on fondly and this award only adds to that.”

Jackson retired after 39 years of service with the FDIC with 32 years specializing in the consumer protection area. As the deputy regional director, he served as the executive level official for the region’s consumer protection program and was responsible for supervising the compliance examination staff, as well 1,100 state non-member financial institutions in the region.

Throughout his career, Jackson was also actively involved in the training of examiners and bankers. He served as an instructor at the FDIC training center in Washington and as an advisory board member and faculty member for the ABA Compliance Schools. Jackson was also a regular speaker for the ABA Regulatory Compliance Conference, the Bank American Institute, the Illinois Bankers Association, the Michigan Bankers Association, the Ohio Bankers Association and the Florida Bankers Association.

Jackson received his bachelor’s degree from Tabor College in Hillsboro, Kan. and his graduate degree of banking from the Southwestern Graduate School of Banking in Dallas.