Press Releases
Victor C. March, Sr.
Victor C. March, Sr. is Appointed to SunTrust Maryland’s Advisory Board
BALTIMORE, Md. – Don Hutchinson, regional president and CEO of SunTrust Bank, Maryland recently announced that Victor C. March, Sr. was elected to SunTrust’s regional Advisory Board. March is chief executive officer of MARCORP, Ltd. (March Funeral Homes).
“Victor is an excellent addition to our Maryland Region Advisory Board,” said Hutchinson. “He is engaged in the community and knows the marketplace well. His business experience and input will help us continue to meet the financial needs of the region.”
March, a Certified Public Accountant and licensed funeral director and embalmer, spent most of his life in the death care industry. Growing up and living over the family’s funeral home, his parents involved the children in every aspect of the family business. Since 1978, March Funeral Homes, Inc. has served well over 2,000 families annually and remains the largest family-owned African American funeral homes in the country.
Upon graduating from Loyola College of Maryland in 1978 with a Bachelors degree in Accounting, March went on to work for the international accounting firm of Coopers and Lybrand. In 1980, March returned to the family business and in 1988 assumed the reigns of the family business, which has been expanded beyond their initial single-location funeral home to include three locations in Baltimore and Richmond, Virginia, a 52-vehicle livery company, a floral division, a 155-acre cemetery and an insurance agency specializing in pre-need/pre-planned funeral funding.
The Maryland Region Advisory Board currently consists of 8 members. SunTrust’s local board members are important advisors in executing SunTrust’s strategy of maintaining local focus in its banking business. The local boards are comprised of prominent civic and business leaders and assist the Bank with business development and general oversight of the local bank.
SunTrust Bank, Maryland is part of SunTrust Banks, Inc., headquartered in Atlanta, and one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of December 31, 2006 SunTrust had total assets of $182.2 billion and total deposits of $124.0 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust’s Internet address is suntrust.com.
