Charles McCarthy, Mercantile official

August 20, 1994|By Holly Selby | Holly Selby,Sun Staff Writer

Charles E. A. McCarthy III, executive vice president in charge of commercial banking for Mercantile-Safe Deposit & Trust Co. died yesterday of complications from surgery. He was 53.

Mr. McCarthy, who had worked at Mercantile for 27 years, was known for his love of competition and strong sense of fair play, both in the business world and on tennis courts.

His love of banking began at an early age and lasted throughout his career, said colleagues.

The son of a Wall Street banker, he was born in New York City on Oct. 31, 1940, and graduated from Williams College. In 1964, he graduated from the Colgate Darden School of Business at the University of Virginia with a master's degree. He joined Mercantile in 1967 as a commercial loan officer and worked his way through the ranks to the position of executive vice president.

"He took a great deal of pride in his work," said H. Furlong Baldwin, chairman of Mercantile Bankshares Corp., who hired Mr. McCarthy. "He really took it seriously. There was always so much pride. And he was competitive -- but there was never any selfishness there."

That pride was among Mr. McCarthy's greatest strengths as a salesman. Often, his enthusiasm impressed prospective clients so much that they chose to do business with him, said colleagues.

"He was a fantastic salesman. He loved people and he reallenjoyed the outside contacts," said Don Trufant, senior vice president at Mercantile. "But one of the nice things about Charlie was he never talked about the competition. He'd present the strengths of the Mercantile and that would make the sale."

Mr. McCarthy was a man who also loved good books and good conversation and was a connoisseur of fine, rare steaks, according to his friends.

"Charlie always seemed to be a very fair person. He was a intensely competitive person. He was a pretty high-power banking businessman, but he also liked to live life to the fullest," said Dr. Mack Mitchell, chairman of medicine at the Greater Baltimore Medical Center.

Dr. Mitchell met Mr. McCarthy in a professional capacity -- as a physician -- but became friends with him because "he was one of the most likable people I ever met."

Mr. McCarthy met his wife, the former Tracey A. Haag, in Greenville, S.C., where their families both were living. They were acquaintances for several years, she said, then began dating in 1966. After five dates, they announced their engagement.

"Few people ever in a lifetime have the chance to be married to such a very special human being. It was a real privilege for me to be married to him," said Mrs. McCarthy.

A longtime resident of Ruxton, Mr. McCarthy served on several ** civic boards, including those of the Independent College Fund of Maryland, the Archdiocese of Baltimore Annual Lenten Appeal, Baltimore Goodwill Industries, Broadmead, Maryland Historical Society, Walters Art Gallery, L'Hirondelle Club, Darden Graduate School of the University of Virginia, and the Blue Ridge School in Charlottesville, Va.

He also was a member of the Elkridge and Caves Valley golf clubs and the Farmington Country Club of Charlottesville, Va.

In addition to his wife, he is survived by a son, Charles Francis McCarthy of Towson.

Friends may call at the Henry W. Jenkins & Sons Funeral Home, 4905 York Road in Baltimore, from 6 p.m. to 8 p.m. tomorrow.

A Mass of Christian burial will be offered at 10 a.m. Monday at the Roman Catholic Shrine of the Sacred Heart, Smith and Greely avenues in Mount Washington. Interment will be private.

Memorial donations may be made to the Department of Medicine Educational Fund, Greater Baltimore Medical Center, 6565 N. Charles St., Baltimore.

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