Manderfield, Grover J. ‘Bud’
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 visit www.demainefuneralhome.com
In lieu of owers memorial contributions may be made to Sisters of Mercy: 515 Montgomery, Merion, PA 19066 or www. mercymidatlantic.org; National Alliance on Mental Illness, (NAMI ), PO Box 8693, Reston, VA 20195 or, www.nami-nova.org; ALS Association, 1275 K Street NW, Suite 250, Washington, DC 20005 or www.alsa.org Please sign the Guestbook at www.legacy.com/washingtontimes