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  Thomas D. Sayles Jr., Philanthropist, NJBankers Chairman and Summit CEO
Thomas D. Sayles Jr., Philanthropist, NJBankers Chairman and Summit CEO
Thomas D. Sayles Jr., Philanthropist, NJBankers Chairman and Summit CEO
Thomas D. Sayles, Jr., who served as chairman of the association from 1979 to 1980, died May 15.
Born in Newton Center, Mass., he lived in Norwich, Conn., and Elizabeth, N.J. before moving to Chatham Borough in 1963.

Sayles was a 1954 graduate of Dartmouth College in New Hampshire and received his master’s degree in business administration from New York University School of Business in 1961.

He began his banking career with Hanover Bank/Manufacturers Hanover Trust Co. in New York City. Sayles served as president, chairman and chief executive officer of Summit Bank, which later become Summit Bancorp, in Chatham before his retirement in 1994. 

He served in the U.S. Air Force as a navigator-bombardier from 1955 until his discharge as a first lieutenant in 1958. 

A perennial philanthropist, Sayles was the chairman of the board of the Summit Speech School and chairman of the Gateways to the Future Campaign for Drew University. He also served as a trustee of Overlook Hospital and of the Overlook Hospital Foundation.

A director and vice president of the Urban League of Union County, he served on the North Jersey Advisory Council of Junior Achievement of Union County and the board of governors for the National Conference for Community and Justice, and was co-chairman of its New Jersey region.

Sayles was also a trustee and chairman of the New Jersey Center for Visual Arts and the Independent College Fund of New Jersey. He also served as a trustee of the Summit Area Public Foundations. He was recognized as a distinguished Eagle Scout by the Boy Scouts of America.

He is survived by his wife, Patricia; a daughter, Lynn Poulo; two sons, Rick and Stephen; a sister, Nancy Sayles-Evarts, and five grandchildren.

In lieu of flowers, memorial contributions may be made in Sayles’ memory to Summit Speech School, 705 Central Ave., New Providence, NJ 07974. For more information and to send condolences, visit      

Posted on Wednesday, June 30, 2004 (Archive on Tuesday, September 28, 2004)
Posted by kdroney  Contributed by kdroney


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tom has an entire chapter in my book Sancutuaried ; he was the best esecutive I ever encou nter in over 40 yrs,I miss him. r

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