Hank Halter, Delta Community Board Member and Former Chief Financial Officer of Delta Air Lines, Will Lead Credit Union While Board Continues Search for Permanent CEO
ATLANTA – (January 2, 2013) – Delta Community Credit Union, Georgia’s largest credit union, today announced that its board of directors named Hank Halter, a current board member, as interim president and chief executive officer while it continues the search for a permanent successor to Rick Foley who, as previously announced, retired on December 31. Halter has been on the credit union’s board for the past seven years and is a former chief financial officer of Delta Air Lines. Halter’s appointment was effective January 1.
“We want to take the time to find the right candidate who can build on the success we have achieved over the past few years,” said Jim Diffley, chairman of the board. “We are fortunate to have someone with Hank’s experience available to step in at this time. Hank has an excellent working relationship with the strong management team we have in place, and together they will keep the credit union’s performance moving forward.”
“I am honored to have the opportunity to lead the credit union during this interim period,” said Halter. “Our employees believe deeply in our mission to provide outstanding value and service on the deposit and loan products people use every day. Through their efforts, the credit union added a record number of new members last year and generated excellent financial results. I look forward to continuing that positive momentum and will serve in this capacity as long as needed.”
Halter is a Certified Public Accountant, and he worked at Delta Air Lines from 1998 to 2012. He served in a number of finance positions there before being promoted to Chief Financial Officer in 2008. Prior to Delta, Halter worked at American Airlines and Ernst & Young. In addition to Delta Community’s board, he also serves on the board of directors of Erickson Air-Crane (Nasdaq: EAC), where he is chairman of their Audit Committee, and the Atlanta Police Foundation. Halter holds a Bachelor of Science degree in Accountancy from Villanova University and a Master of Business Administration degree from Duke University.
Foley worked at Delta Community for 26 years. He was named president and CEO in 2004 and remained in this role until year-end 2012.
About Delta Community Credit Union
Delta Community Credit Union is one of the largest financial institutions in Georgia. It was founded in 1940 and today serves the entire metro Atlanta area, including residents of the 11 surrounding counties and employees of top businesses, such as Delta Air Lines, Chick-fil-A, UPS and Racetrac. Delta Community is a state-chartered credit union organized under the Georgia Department of Banking and Finance, and its deposit accounts are federally insured through the National Credit Union Share Insurance Fund. It chooses to operate as a not-for-profit credit union so it can give back earnings to its members and their local communities. Unlike a for-profit bank, Delta Community is owned by its members, not individual or institutional investors. Customers become member-owners when they open and maintain an account.
Please visit www.deltacommunitycu.com to learn more or follow the credit union on Facebook at www.faceboook.com/deltacommunitycu.com and Twitter at @deltacommunity.