Wycoff hails from varied career experiences He helped engineer the Loyola-Crestar deal

August 04, 1996|By The profiles on this page were written by Sun staff writer Bill Atkinson.

William A. Wycoff didn't take the usual route into banking.

He worked for a medical company, a tool manufacturer and a spice maker. But as a banker, he's making his mark.

In January, the 49-year-old Wycoff was named president of Crestar Bank in Baltimore, after the Richmond, Va.-based banking company acquired Loyola Capital Corp., the city's last remaining big savings and loan.

Wycoff had plenty of authority at Loyola.

He was responsible for community banking operations as well as marketing and administration of the savings and loan.

He also developed new products and bought branches.

"I've virtually done everything in banking," he said.

Wycoff, who in his new job reports to William C. Harris, the chairman, sees little change in his authority since the merger. He oversees 700 employees, 30 branches, and $2.5 billion in assets.

He also controls a variety of the lines of business, including commercial, small business, real estate and consumer lending.

"I have sufficient lending authority likely to match just about any company in the area's lending needs," he said.

Wycoff, who lives in Phoenix, Md., with his wife and two children, also sits on a handful of boards and is the past chairman of Baltimore City Chamber of Commerce and co-chairman for the House of Mercy Capital Campaign.

A native of Pittsburgh, Wycoff graduated in 1974 from Culver-Stockton College in Canton, Mo., after serving a year in Vietnam. In 1976, he landed a job as the manager of human relations at McCormick & Co.

He jumped to Black & Decker Inc. after just three years to become director of personnel.

"I had stars in my eyes," he said. "They offered me a lot of money."

But Black & Decker wanted him to move to Raleigh, N.C., so in 1980 he joined Pfizer Inc., a large drug maker.

As director of administration, he oversaw human resources for the $100 million technology division in Columbia, which had about 500 employees.

Pfizer sold the division and offered Wycoff a job in New York, but he wouldn't move.

"It just wasn't in the cards," he said.

In 1981, he found a home at Loyola, where he flourished and believed he would become the savings and loan's president one day.

Wycoff was involved with the rest of senior management in putting together the Loyola/Crestar deal.

"We wanted to deal with an out-of-state bank because we felt it would protect the most jobs," he said.

Memories of Loyola die hard for Wycoff.

"I worked with the same management committee for 15 years," he said. "I saw them every day, I miss the camaraderie."

Pub Date: 8/04/96

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