In 1960, Mr. Taylor moved to Mercantile's Redwood Street headquarters, where he assisted in the computerization of the bank.
In 1962, he was named vice president, and in 1970, he headed the banking division's move to the new Mercantile headquarters building in Hopkins Plaza.
Mr. Taylor was head of operations and personnel at Mercantile when he was named president of the Bank of Somerset in Princess Anne in 1973. In 1975, he became the first president of Peninsula Bank. When he retired in 1989 from the bank, he was vice president.
He was a member of the American Institute of Banking and served as president of its Baltimore chapter in 1964. From 1966 to 1969, he was executive councilman for the AIB's District IV.
Mr. Taylor was also a member of the Kiwanis Club of Ocean Pines. In 1990, he was named the Ocean City Chamber of Commerce's Man of the Year.
The former Hunting Ridge resident moved to Salisbury in 1974, and later to North Ocean City.
Mr. Taylor was a Baltimore Colts, Baltimore Clippers, Orioles, Capitals and Ravens fan.
He played ice hockey and was a member of a slow-pitch softball league until he was well into his 70s, family members said.
His wife of 53 years, the former Mary Elizabeth Schaeffer, died in 2004.
Mr. Taylor was a charter member of St. Peter's Lutheran Church, 10301 Coastal Highway, Ocean City, where a memorial service will be held at 2 p.m. Saturday.
Surviving are three sons, John G. Taylor of Ocean City, Stephen L. Taylor of Baltimore and Robert Lee Taylor of Hampton Bays, N.Y.; two sisters, Norma Emilie Houck of Timonium and Vivian Jeanne Kucherer of Monroeville, Pa.; and a grandson.