Magazine article American Banker

Brocks, Vallicorp's Builder, Leavers to Help Minorities

Magazine article American Banker

Brocks, Vallicorp's Builder, Leavers to Help Minorities

Article excerpt

Brocks, Vallicorp's Builder, Leaves to Help Minorities

John W. Brocks Jr. did not follow the typical route of early banker retirees, many of whom use the opportunity to fulfill dreams of running their own financial institutions or businesses.

For Mr. Brocks, 49, the lure was to serve as an advocate for minority causes, including education.

He stepped aside this month as president and chief executive officer of ValliCorp Holdings Inc. in Fresno, Calif. He is considered the principal architect of ValliCorp's growth into the leading independent banking company in the central San Joaquin Valley.

Fast Growth During His Tenure

Mr. Brocks said ValliCorp has increased its assets from $30 million to $421 million in the 12 years he has been there.

"I feel very fortunate to have been part of this growth," he said. "However, I also believe that in these dynamic times, 12 years of being president and CEO is a long time."

His career in banking and finance spanned more than 27 years.

Mr. Brocks started in New York with Citicorp as a management trainee. He was a vice president in 1975 when he left to join ITT Corp. in Denver. He stayed there four-and-a-half years before moving to ValliCorp.

In recent years at ValliCorp, he became closely involved not only with lending and providing services to minority communities, but with minority education and employment issues in the Central Valley.

"If you are familiar with our state's demographic trends, you are probably aware that those people currently classified as minorities, most notably the Hispanic and Southeast Asian populations, will become a majority in many parts of California as we enter the next century," Mr. …

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