|Birth: ||Dec. 9, 1920|
|Death: ||Mar. 19, 2004|
Chicago Tribune (IL) - Sunday, April 4, 2004
Albion W. Fenderson, 83, former senior vice president, general counsel and director of housing for Federal Home Loan Bank of Chicago; March 19, in Waukegan, of heart failure.
Chicago Tribune (IL) - Wednesday, March 31, 2004
ALBION W. FENDERSON, 83 Attorney, bank executive worked for fair housing.
Following the path taken by his father and grandfather, Albion W. Fenderson became an attorney.
Throughout his legal career, he was known to colleagues as a person of strong moral fiber who embraced his position as a general counsel and a bank executive to improve housing opportunities in Chicago, especially for those less fortunate.
Mr. Fenderson, 83, former senior vice president, general counsel and director of housing for Federal Home Loan Bank of Chicago, died of heart failure, Friday, March 19, in Provena St. Therese Medical Center, Waukegan.
"Al was one of the fairest men I ever met in my life," said James V. Boyle, a retired supervisory agent for the bank who worked with Mr. Fenderson for 12 years. "He had great integrity and was very honest in his dealings with people. He would see both sides of the picture."
He met his wife, Gladys "Ady," at Eglin Field in Florida, where both were stationed with the Army Air Forces during World War II. He was an aerial photographer, and she worked as a technical librarian. They got married in 1946.
Mr. Fenderson graduated from Harvard University in 1948, then moved to Sanford, Maine, where he had his own law practice for six years and served as a magistrate. From 1954 to 1956, he was a trial attorney in the Department of Justice's Office of Alien Property.
He then became a trial attorney for the Federal Home Loan Bank Board, a federal regulatory agency established to supervise operations of the Federal Home Loan Bank system. The bank itself was chartered to serve the thrift industry.
In 1964 he moved to Chicago as a vice president and general counsel for the bank, and six years later he became its director of housing. He was elected senior vice president in 1970.
"He absolutely loved that his position gave him the opportunity to serve the community and to do a lot of good," said his daughter Dayle.
As the bank's housing director, Mr. Fenderson encouraged member institutions to participate in neighborhood rehabilitation and preservation programs, such as the Housing Opportunity Allowance Program, that enabled them to make loans for home purchases by low- and middle-income families.
In 1972 he aided in the creation of the Chicago Area Renewal Effort Service Corp., set up by a group of savings and loan associations to get housing renewal projects off the ground.
He also negotiated an agreement with a citizens group to conduct and publish a survey of savings and lending patterns in the Chicago area to flush out redlining, the practice of withholding home-loan funds from risky neighborhoods. The survey results, released in 1974, preceded passage of the federal Home Mortgage Disclosure Act in 1975. Mr. Fenderson also led talks to set up Neighborhood Housing Services, a non-profit agency that serves as a catalyst for development in low- and moderate-income areas.
In 1981 he became a partner and general counsel with the former Hopkins & Sutter law firm in Chicago.
Other survivors include his wife; a daughter, Beth Ray; two sons, Dwight and James; a brother, Carll; nine grandchildren; and two great-grandchildren. Services have been held.
Mother: Irene Sarah Fenderson
Thank you to volunteer contributor TRBell for researching the paternal parental link for use on this memorial page. jer
Carll Nathaniel Fenderson (1900 - 1933)
Gladys Marie Surick Fenderson (1923 - 2009)*
Albion William Fenderson (1920 - 2004)
Owen Charles Fenderson (1933 - 2003)*
Abraham Lincoln National Cemetery
Plot: Columbarium C2-34 Row B Site 2
Created by: J. Edward Ross
Record added: Oct 05, 2009
Find A Grave Memorial# 42710198
Remembering the beautiful rose garden you always tended on Sunset.|
Added: Mar. 10, 2012