Local Business Icons: Where Are They Now?

Luis Sanchez and Dave Jimenez

Dave Jimenez  longtime lender at Bank of Stockton

By Rhashad R. Pittman
More than 30 years ago, Dave Jimenez was one of the first Latino bankers in the Stockton community to have lending power.

As a loan officer with the Bank of Stockton, Jimenez helped an endless number of Latino families borrow money for cars, homes and businesses, much needed funds that they would not have been able to get otherwise.

“Working for the Bank of Stockton was one of the best things that ever happened to me,” Jimenez said. “It was a great bank. I was very fortunate.”

For 32 years Jimenez helped Latino families get personal and business loans while working in Bank of Stockton’s Lodi branch and downtown Stockton location. He worked with customers in both English and Spanish. “I was able to connect with the people who came into the bank,” he said.

In addition to being a banker, Jimenez was very active in the community throughout his career and continues to be. He’s volunteered his time for a number of organizations, including El Concilio, United Way, the Cinco de Mayo Parade and the Emergency Food Bank, as well as former NASA astronaut Jose Hernandez’s Reaching for the Stars foundation.

Now Jimenez uses the knowledge and experience he gained from those three decades of lending to help others. Jimenez is currently a loan consultant with the Small Business Development Center. In his current role, he advises local residents who want to start a company or expand an existing business. “My job is to educate them on what they need to do,” Jimenez said. “It’s gratifying to help people out.”

Luis Sanchez longtime member of the financial services industry

After nearly three decades in the financial services industry, Luis Sanchez left the clutches of the corporate world to explore professional endeavors that have long interest him.

The longtime Stockton resident started his own firm, LHS Enterprises, with the help of his sons. The firm provides businesses with energy, telecommunications and merchant services to help reduce their costs and “enhance their bottom line.”

“I can put in my own time,” Sanchez said. “I’m not accountable to anybody. I have my own loans. I have my own clients. I enjoy that freedom to help others… and to give back.”

In addition to his role as small business owner, Sanchez serves as part-time CEO of Sus Finanzas, a financial education provider, educating high school youth, college students and adults on how best to manage their personal finances.

Throughout his 28 years in the financial services industry, Sanchez served 22 years in senior management positions with American Saving Bank, Washington Mutual and JPMorgan Chase, overseeing its Community Development and Corporate Affairs operations in California.

Sanchez also continues to be involved with a number of local community organizations. He continues to serve on the boards of the United Way of San Joaquin, San Joaquin County General Hospital Foundation and California Coalition for Rural Housing, among others. He is also board chair of the San Joaquin County Revolving Loan Fund.

“What I’m doing now gives me a lot of time to devout to these organizations, and not just be a name on the letterhead, but to help the people,” he said. “I hope I’ve had a significant impact on the community.”

Jimenez and Sanchez have been trailblazers in the community for more than 30 years.  Latino Times would like to thank them for the long legacy of community service they have left behind, as well as the contributions they continue to make.

Leave a Reply

Your email address will not be published. Required fields are marked *