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Teresa Halleck

Credit union CEO increased customer base, assets since taking post

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Teresa Halleck, president and CEO of San Diego County Credit Union, attributes her successes to “hard work, determination and collaboration.”

Since Halleck was named San Diego County Credit Union’s president and CEO in 2010, the customer base has grown 12.84 percent to 238,000, and assets have increased to more than $5.8 billion, according to a press release.

“I have an excellent management team, and together we work to ensure that our customers are getting the right service, every day. With the continued focus on customer service, SDCCU continues to add awards and accolades to its list of achievements,” Halleck said in an email.

Since joining SDCCU in 2010, the organization has launched SDCCU Mobile Deposit, SDCCU Mobile Live Chat, SDCCU Cash Rewards Visa and the No Cost Closing Adjustable Rate Mortgage (ARM).

Her goals for SDCCU include staying on the “cutting edge of technology to continue to improve customer service and stay in the forefront of the financial industry.” She said the organization also looks forward to new account growth, asset growth and improved overall convenience.

The biggest challenge Halleck has faced in her two years at SDCCU has been the slow economy, she said.

“As San Diego’s largest locally owned financial institution, SDCCU helps our customers navigate the hard times and keep moving forward. SDCCU has accomplished this through financial education via live seminars as well as online and free financial counseling,” Halleck said. “Through these programs, we have been able to keep many of our customers in good financial health.”

Halleck was recently re-elected as the chairman of the board of the California Credit Union League for a second term, and also serves on the State of California Department of Financial Institutions Credit Union Advisory Committee.

“I am also passionate about helping homeless pets. This winter, in addition to SDCCU’s annual Rady Children’s Hospital toy drive, SDCCU initiated a fundraiser for the San Diego Humane Society and SPCA with a new online and in-branch donation campaign,” Halleck said. “With the help of SDCCU employees and customers, we overwhelmingly surpassed our goals with more than 1,000 toys donated to Rady Children’s Hospital and more than $10,000 raised for the Humane Society. SDCCU helps more than 75 local nonprofit organizations annually, and I am proud to help lead and strengthen our culture of continually looking for ways to give back to the community.”

Halleck replaced longtime SDCCU president and CEO Irene Oberbauer, who stepped down in 2010 to focus on her fight against breast cancer.

Prior to joining SDCCU, Halleck was the president and CEO of the largest credit union in California, Golden 1 Credit Union in Sacramento, where she worked for almost eight years.

By age 35, Halleck was already serving in her second chief financial officer role. Before she turned 40, she had stepped into her first chief executive role at Maryland's State Employees Credit Union, where she helped cut loan losses in half before leaving for Golden 1.

While in Sacramento, Halleck sat on the United Way board and chaired its marketing committee. She was involved with the St. John's Shelter for Women and served as the immediate past president for the Sacramento Society for the Prevention of Cruelty to Animals.

Halleck earned a bachelor’s degree in accounting from the University of Maryland at College Park, and a master’s in financial management from The Johns Hopkins University.

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