Senior VP, Commercial Banking
As New Resource Bank’s vice president, commercial banking, Gary Groff helps a wide range of sustainability-oriented businesses obtain growth capital and make key connections. He’s worked with Alter Eco, Heath Ceramics (see the story here), Ritual Coffee, Blackrock Solar, Light and Motion and Deep Root, among many others.
Gary has a genuine passion for his work, motivated by a desire to see businesses that are aligned with the bank’s sustainability mission expand their market share. He likes to challenge conventional thinking about financing in service of his clients and to work with businesses on sustainability investments that have a real, long-term ROI.
In more than 10 years of banking experience, Gary has worked with business customers in a variety of roles. He started his banking career at Union Bank, where he handled both commercial and community banking and served as branch manager. He came to New Resource in 2007, serving as vice president, relationship manager and branch manager before taking on his current position.
Outside New Resource, Gary combines his lifelong environmentalism, banking expertise and commitment to community service as a board member and advisor to five nonprofit organizations. He chairs the SFMade board, serves on the San Francisco Baykeeper board of directors, acts as an advisor and a loan committee member for Pacific Community Ventures, and counsels entrepreneurs for Inner City Advisors. He also advises Sustainable Surf (Gary enjoys surfing the cold waters of Northern California).
Gary can speak knowledgeably about a range of sustainable business and banking topics, including:
- Traditional banking versus sustainable banking
- Trends in organic and natural foods and products
- Supplementing bank financing with equity, debt, and alternative debt financing
- How to use loan guarantee programs, such as USDA, SBA and CalCap
- What businesses need to do to become bankable
- The business case for sustainability