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Banc of California Hires Education Finance Expert to Bolster Charter School Practice

February 02, 2022, 07:00 AM
Filed Under: Banking News

Banc of California hired John Helgeson in the new position of Senior Director, Specialty Banking to focus on banking and lending to charter schools. In this position, Helgeson will be reporting to Patti Thompson-Derry, Market Executive for Banc of California’s Healthcare, Education and Non-Profit Banking Group.

“We are thrilled to have someone of John’s caliber join Banc of California. John has not only been responsible for providing more than $2 billion of funding and commitments to charter schools across the United States, but is a recognized expert and frequent speaker on charter school finance and cash flow planning. John joins a talented team that continues to build Banc of California’s reputation as the go to bank in Education and Non-Profit banking,” said Jay Sanders, President, Specialty Banking, Deposits and Treasury Management.

“Banc of California has a strong reputation as a relationship-based business bank and has built an excellent platform focusing on education and non-profit clients. I am especially excited to build on this success and expand lending and depository offerings to a broader set of educational institutions,” said Mr. Helgeson.

Helgeson’s experience includes 14+ years focusing on charter school finance leadership, including launching charter school financing programs in 11 States. Helgeson was also a US Olympic Trial Finalist for the US Modern Pentathlon in 1992.

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