J. Robert Sherwood, 1978 August 31

J. Robert Sherwood (born 1904) was the President and CEO of the Suburban Trust Company in Hyattsville, Maryland. In this interview, he discusses: his family background and first employment at the bank before 1926; growth of the bank; low interest rates of the 1920s; depression period of the 1930s; change to trust company; choosing community leaders for trustees; services to the community during World War II; 1951 merger with Prince George's County Bank and Trust Company and Montgomery Suburban National into Suburban Trust Company; T. Howard Duckett; James Ray; Perry Boswell; Thaddeus Jones; William Bowie; Arthur Kieffer; Fred Lutes; Benjamin C. Shaw; innovations during this period; bank insurance; use of computers; variety of accounts; bank credit cards; setting up Suburban Bancorporation; a holding company; many mergers.