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Alumni Feature 1

Charles W. "Chuck" McCoy, Class of 1942

Businessman, Philanthropist, Innovator

Charles W. "Chuck" McCoy

A native son of Marietta, Ohio, Charles W. McCoy followed graduation from Marietta College with studies at Stanford University, earning an M.B.A., and at Rutgers University's Graduate School of Banking.

Starting as a trainee with City National Bank (now Banc One), McCoy rose to Vice President and Director from 1944 to 1959. He designed more efficient and customer-friendly banking concepts, including the world's first successful drive-through bank.

In 1959 McCoy joined Louisiana National Bank (LNB) and within two years was promoted to president. Under his leadership the bank was the first in the state to install an automated teller machine and the first in the nation to issue debit cards. He established the first written Code of Ethics in the banking industry. Under his training program, 34 students eventually went on to become bank presidents. In 1981 LNB was recognized as the "most successful innovator of all U.S. banks during the decade of the 70s."

Involved in education reform, McCoy formed Education for a New Louisiana in 1985. Many Louisianans credit McCoy with the revitalization of Baton Rouge; and Former Governor John McKeithen credits McCoy and LNB with assuring the construction of the Superdome. In 1998 he was inducted into the Greater Baton Rouge Business Hall of Fame.

Now an Emeritus Trustee, McCoy served on the Marietta College Board of Trustees for 13 years. Named a Distinguished Alumnus at Marietta College in 1991, he was awarded an honorary doctorate of laws degree in 1996.