Man­der­field, Grover J. ‘Bud’

The Washington Times Daily - - FROM PAGE ONE -

Grover J. ‘Bud’ Man­der eld, a prom­i­nent Washington area banker and busi­ness ex­ec­u­tive, passed away at INOVA Alexandria (VA) Hospi­tal on Fe­bru­ary 17, 2017 sur­rounded by his beloved fam­ily.

Mr. Man­der eld was born in Mas­sil­lon, Ohio, the son of Grover P. and Hilda Wag­ner Man­der eld. He grew up in Wood­bridge, VA, where his fa­ther was a well-known banker, busi­ness ex­ec­u­tive and mem­ber of the Prince Wil­liam County Board of Su­per­vi­sors. ‘Bud’ Man­der eld grad­u­ated from Sul­li­van’s Prepara­tory School in Washington, DC and Catholic Univer­sity of Amer­ica in 1956.

Af­ter ser­vice in the Air Force, Mr. Man­der eld be­gan his bank­ing ca­reer in 1958 as the fth em­ployee and loan o cer of Bank of Oc­co­quan in Oc­co­quan, VA. As the bank grew and merged with other banks, so did Mr. Man­der eld’s ca­reer, span­ning more than three decades.

From 1962 to 1976, he was Di­rec­tor and Pres­i­dent of the Bank of Vir­ginia/North­ern Re­gion and from 1976 un­til1980 Di­rec­tor and Pres­i­dent of First Amer­i­can Bank of Mary­land. In 1980, he was named Pres­i­dent and Chief Op­er­at­ing O cer of Sub­ur­ban Bank Corp. In 1985, Sub­ur­ban merged with Sovran Fi­nan­cial Corp, cre­at­ing the largest nan­cial in­sti­tu­tion in the Washington re­gion. Mr. Man­der eld re­mained as Pres­i­dent of the new Mary­land sub­sidiary and was named Pres­i­dent of Sovran as well as a mem­ber of the bank’s Board. He re­tired from bank­ing in 1987.

Af­ter re­tir­ing from bank­ing, he be­gan a sec­ond ca­reer in nance. With friend and col­league Mark Fried, he co-founded RAMCO/Gem­ini, an as­set-man­age­ment com­pany in North­ern VA ded­i­cated to pro­vid­ing as­set man­age­ment ser­vices to the nan­cial in­dus­try and its’ reg­u­la­tory agen­cies.

Mr. Man­der eld was also a leader in many pro­fes­sional and com­mu­nity or­ga­ni­za­tions. He served as Chair­man of both the Prince Wil­liam County Plan­ning Com­mis­sion and the Prince Wil­liam County Board of Zon­ing Ap­peals.

In the early 1960s, as Chair­man of the Prince Wil­liam County Plan­ning Com­mis­sion, Mr. Man­der eld spear­headed e orts by the county and lo­cal busi­ness­men to suc­cess­fully buy back 446 acres of land on Cock­pit Point in the Cherry Hill area of the county that then be­longed to the District of Columbia. For more than 20 years he served as Pres­i­dent of Cock­pit Point Non Pro t De­vel­op­ment Cor­po­ra­tion, which sought to broaden the county’s tax base by at­tract­ing in­dus­try to the area.

Mr. Man­der eld was also a Con­sul­tant to the Fed­eral Re­serve Sys­tem and the U.S. O ce (now De­part­ment) of Ed­u­ca­tion. Ad­di­tional Direc­tor­ships in­clude MasterCard/ In­ter­na­tional, Board of Trus­tees of Catholic Univer­sity and the Young Pres­i­dents’ Or­ga­ni­za­tion/In­ter­na­tional. He was also a mem­ber of the Chief Ex­ec­u­tives Or­ga­ni­za­tion/ In­ter­na­tional.

Mr. Man­der eld served as Pres­i­dent of the Mary­land Bankers As­so­ci­a­tion, State Vice Pres­i­dent for the Amer­i­can Bankers As­so­ci­a­tion and was an ac­tive mem­ber of the Vir­ginia Bankers As­so­ci­a­tion. He was a Di­rec­tor of the Mary­land Cham­ber of Com­merce and the Greater Washington Re­search Cen­ter where he served on the Ex­ec­u­tive Com­mit­tee. He also was a mem­ber of the Board of Trus­tees of INOVA Hospi­tal Sys­tems, Di­rec­tor of Max­ima Cor­po­ra­tion and Di­rec­tor of NVR Fed­eral Sav­ings Bank.

He was a mem­ber of the Con­gres­sional Coun­try Club in Bethesda MD, the Com­mon­wealth Club in Rich­mond, VA and the Old Do­min­ion Boat Club in Alexandria, VA.

Mr. Man­der eld is sur­vived by his beloved wife of 22 years, Iris ‘Sam’ Man­der

eld, ten chil­dren (Steve & Paula, Joe & Kayla, Bob & Jane, Ed, Dave & Molly, John & Nancy, Ann Man­der eld Smith & Richard, Mary Man­der eld Domyan & Richard, Tom, Cathy), one step-daugh­ter (Kim­berly Wordsworth-Mur­phy & Greg), 14 grand­chil­dren (Marissa,Tyler, Jack­son, Jon, Brian, Kevin, Katie, Abby, Ryan, Reed, Mike, Kris­ten, Ni­cholas, Nathan) and one great grand­child (Aubrey). His rst wife, Loretta Beale Man­der eld, pre­ceded him in death as did his sis­ter, Fre­dona Man­der eld Gart­lan, a men­tal health ad­vo­cate and the wife of the late Vir­ginia State Se­na­tor Joseph V. Gart­lan, Jr.

A Fu­neral Mass, im­me­di­ate fam­ily only, was held Fri­day, Fe­bru­ary 24, 2017 at St. Mary’s Church, Alexandria, VA. In­ter­ment and Memo­rial Ser­vice with friends and fam­ily will be held at a later date.

For on­line con­do­lences, please visit­maine­fu­ner­al­

In lieu of ow­ers memo­rial con­tri­bu­tions may be made to Sisters of Mercy: 515 Montgomery, Me­rion, PA 19066 or www. mer­cymi­dat­; Na­tional Al­liance on Men­tal Ill­ness, (NAMI ), PO Box 8693, Re­ston, VA 20195 or,; ALS As­so­ci­a­tion, 1275 K Street NW, Suite 250, Washington, DC 20005 or Please sign the Guest­book at­ing­ton­times

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