SACRAMENTO, Calif.-After nearly eight years as president and CEO of $7.2 billion The Golden 1 Credit Union here, Teresa Halleck has accepted a job as CEO of the $4.9 billion San Diego County Credit Union.
Halleck, who oversaw Golden 1's rise in assets from $4.2 billion during her tenure, told Credit Union Journal the San Diego market "is very solid and presents a lot of opportunity for continued growth for the credit union. It is also a wonderful town and I am looking forward to getting involved in the local community."
Halleck succeeds Tum Vongsawad, who has served as interim president and CEO of San Diego County CU since February, when Irene Oberbauer retired due to health reasons. SDCCU said Vongsawad will continue to serve in his interim post until Halleck arrives Aug. 16. After that date he will return to his previous position as SDCCU's chief operating officer.
According to Halleck, the SDCCU job was appealing to her because the CU, "has a wonderful reputation and is the leading credit union in that area," she said. "It is also a well-respected credit union within the industry with a lot of potential for continued growth and expansion."
Halleck said she will miss "the wonderful people" at the The Golden 1 who "work diligently to provide exceptional service to our members."
Halleck said she is proud of three accomplishements at The Golden 1: The development of an internal culture of strong teamwork, 2) Golden 1's geographic FOM expansion, which she said positions the credit union for "strong long-term growth," 3) the addition of 19 branches and $3-billion in assets, which she said was "accomplished through good solid growth that has included a strong core deposit growth strategy."
