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Harry Loy Anderson Jr., y=ungest bank president, dies at 70

'Happy Harry Loy led=the Worth Avenue National Bank at 26.

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Greer Gattuso

H. Loy and Inger Anderson

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Uma Sanghvi

H. Loy Anderson Jr.

By Shannon Donnelly <http://www.palmbeachdailynews.com/staff/shannon-donnelly/> and David Rogers <http://www.pal=beachdailynews.com/staff/david-rogers/>

Daily News Society Editor=/div>

Harry Loy=Anderson Jr., a longtime Palm Beach resident who became the youngest bank =resident in the country at the age of 26, died Sunday, Dec. 8, 2013 at Hos=ice of Palm Beach County. He was 70.

Born July 13, 1943 in Wash=ngton, D.C., he was the son of H. by and Therese (Arcenaux) Anderson.

When he was 5 years old, M=. Anderson's father, a banker, gave him his first piggy bank. Eigh=een years later, the coins collected by that piggy bank — $11,000 =E244> became the down payment on his first home, located on Seaview Ave=ue.

Mr. Anderson's fir=t job was as a paperboy in Washington, D.C. "I got a lot of change=doing that," he said in an interview in 2000, but even from a youn= age "I always wanted to be a banker," he said.

He was still a child when =is family moved to Palm Beach, where Peter Pulitzer was one of his close f=iends.

Pulitzer said Harry Loy, a= his friends called him, was "a wonderful guy ... full of li=e. He loved his kids and he loved his family."

The duo would travel often=to the Bahamas for diving and fishing.

"He loved the outd=ors," said Pulitzer, whose nickname for his friend was 'Ha=py Harry Loy' because he was always in an upbeat mood. "Th=t's why I loved him so."

Mr. Anderson attended Wash=ngton & Lee University in Lexington, Va., and earned a bachelor*=99s degree from Florida Atlantic University. He also attended the Harvard =chool of Business. He served in the U.S. Army=Reserves.

Following in the footsteps=of his father, who was president of First Federal Savings & Loan, at t=e time Palm Beach County's largest financial institution, he enter=d the banking business. In 1970, at age 26, he assumed the presidency of W=rth Avenue National Bank and became the youngest bank president in the nat=on.

Although primarily a banke=, his long business career included turns as a restaurateur, a citrus grow=r and a developer. He was a leader in several=business organizations, including the Young Presidents Organization Inc., =he Banker's Association, the Economic Council of Palm Beach County= the Kiwanis Club and the Worth Avenue Association, for which he served as=chairman.

It was at Washington &=Lee that he met Bill David, his friend of more than 50 years.

"We became friends=our first day as freshmen and he remained a real, true friend," sa=d David, who served with the U.S. Marine Corps in Vietnam. "Especi=lly when I came home from a very unpopular war, and I was broken mentally =nd physically — sick from Agent Orange, although I didn't =now it yet. by said, 'Come to Palm Beach for a few months.=99 and moved me into his guest apartment. You can't imagine what a=kindness that was for a returning Vietnam vet. I've never had a be=ter friend in my life, and I've been blessed with some good friend=. Loy loved unconditionally. He was there when I was up, when I was down, =nd was tough on me when he needed to be. I can't believe he4>=99s gone. I will miss him so, so much."

Mr. Anderson had a lifelon= dedication to charitable causes, among them the Historical Society of Pal= Beach County, where he served as a board member; Palm Beach Atlantic Univ=rsity, where he was a member of the advisory board of Ben-Gurion the Rinker University; School of=Business; the United Way; the Hanley-Hazelden Rosarian Academy; Foundation; the Leuke=ia the Foundation; Holocaust Memorial the JCC of Museum; Palm Beach; t=e YMCA; and the Boy Scouts of America.

It was to the American Red=Cross, however, that he was especially dedicated, serving on the national =oard of governors, as chairman of the chapter board, on the national finan=e committee, the local planned giving committee and as a founder of the Pa=m Beach chapter's Young Friends group in the 1970s.

"His energy and pa=sion as a board member, and as board chairman from 1979-1983, were vital,=E2n said Rob Levine, regional CEO of the American Red Cross. Q=9CThe Red Cross enjoyed a period of rapid growth and success in Palm Beach=County with his leadership."

He was a founder of the Ac=demy of the Palm Beaches, now known as Palm Beach Day Academy. Bill Meyer of Palm Beach r=membered Mr. Anderson, whom he has known for 30 years, as "the mos= wonderful friend a person could ever have. There was nothing that he woul= not do for a friend. He was the most fun person to be around, absolutely =he life of the party. He made everybody feel included. He took great joy i= life and brought everybody along with him."

Mr. Anderson was the recip=ent of numerous honors, including the State of Israel Peace Medal, the Ame=ican Red Cross Harriman Award for Distinguished Service and the Ben-Gurion=University of the Negev award for service to Israel.

In addition to his wife In=er, he is survived by four daughters, Mea Stone, Bebe McCranels, Bettina A=derson and Kristina McPherson; two sons, H. Loy III and Kent; three sons-i=-law, Roman Stone, Dr. Scott McCranels and Brad McPherson; two grandsons, =hristian Miles and Hampton McPherson; and a granddaughter, Camilla McCrane=s. Services will take place a= 11a.m. Monday at First Baptist Church in West Palm Beach.

Instead of flowers, memori=ls may be made to the American Red Cross of Palm Beach County, 825 Fern St=, West Palm Beach 33401; Alzheimer's Community Care, 800 Northpoin= Parkway Suite 101-B, West Palm Beach 33407; Alzheimer's Associati=n, 3333 Forest Hill Blvd., West Palm Beach 33406; or to Hospice of Palm Be=ch County, 5300 East Ave., West Palm Beach 33407.

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