The $4.8 billion San Diego County Credit Union announced today President/CEO Irene Oberbauer has retired. The credit union board has appointed Chief Operating Officer Tum Vongsawad as interim President/CEO. He joined SDCCU's senior management team in 2000.
Oberbauer has gone public with her recent diagnosis of breast cancer. The 15-year SDCCU CEO said in a statement she shared her diagnosis with employees, and her prognosis is strong.
SDCCU reported 11% net worth and 1.47% ROA as of Dec. 31, according to NCUA Financial Performance Reports.
The credit union said it will conduct a national search to find Oberbauer's permanent replacement.
