San Diegans like their money sunny-side up. San Diego County Credit Union operates more than two dozens branches that offer standard deposit services such as checking and savings accounts, money market accounts, and certificates of deposit. The credit union also offers home, auto, and business loans, Visa credit cards, and individual retirement accounts. It opened in 1938 as San Diego County Employees' Credit Union, a one-branch operation serving local government employees. It opened its membership to all residents of San Diego county in the 1970s, dropped the "Employees'" from its name, and today serves more than 200,000 members in Southern California's San Diego, Riverside, and Orange counties.
In 2010 Irene Oberbauer retired as CEO in order to focus on her health. COO Tum Vongsawad was appointed chief executive on an interim basis until Teresa Halleck, who previously led another California credit union, Golden 1, was named CEO.
San Diego County Credit Union has been growing by opening new branches in its three-county market area. Despite being based in California, one of the hardest hit states by the mortgage meltdown and recession, the credit union turned a profit in 2009. – less