Joseph P. McClure, Executive Vice President/Chief Business Officer
Mr. McClure is joining Golden Pacific Bancorp and its subsidiary Golden Pacific Bank, N.A. as Executive Vice President/Chief Business Officer. Mr. McClure has had an impressive 25+ year career in small business lending and economic development, in California, Montana, and Colorado and has held executive level management positions for over 15 years.
In 2013, Mr. McClure was appointed District Director for the United States Small Business Administration’s (SBA) Sacramento District Office. Under his leadership over a district that covers 22 counties in Northeastern California from San Joaquin in the south to Modoc and Siskiyou to the north and serves over 3.1 million constituents, SBA loan volume grew by over 30% and total dollars grew by over 55% from 700 loans totaling $306 million in FY 2013 to 928 loans totaling over $475 million in FY 2016. Mr. McClure first joined the federal agency in Montana and was the SBA District Director in Montana prior to coming to back to his home state of California.
Prior to his federal service, Mr. McClure worked in small business lending programs. He began his career in 1990 overseeing an SBA 504 lending program at the Lancaster Economic Development Corporation in Lancaster, California and transitioned to running the Los Angeles County Business loan fund for the L.A. County Community Development Commission’s Business Finance Center. He also led the efforts of the Economic Development Collaborative – Venture County (EDC-VC) as its 2nd Executive Director before moving to Montana.
In 2000, Mr. McClure was recruited to Billings to lead the largest publicly funded economic development agency in Montana; Big Sky Economic Development Authority. While in Billings, Mr. McClure personally oversaw the creation of a privately funded Economic Development Corporation, launched a small business revolving loan fund, and developed a new SBA 504 Certified Development Corporation (CDC) which has recently become the leading SBA 504 lender in Montana.
In addition, Mr. McClure also created a targeted industry recruitment program for Billings and Yellowstone County which resulted in the recruitment of 4 major employers, including General Electric and Cabelas, to the community and the creation of over 750 new high-quality jobs. With all four projects, he developed and negotiated multi-million dollar federal, state, and local incentive packages and worked with the local commercial brokerage community to identify and negotiate the purchase of commercial real estate sites for these new employers.
Mr. McClure graduated from Loyola Marymount University in Los Angeles with a Bachelor’s Degree in Business Administration with an emphasis in International Business and lives in the Sacramento area with his wife and 2 of their 8 children.