Hank Halter, a current board member at Delta Community Credit Union, has been named interim president/CEO effective Jan. 1 while the $4.3 billion cooperative continues its search for a permanent successor to replace retired CEO Rick Foley.
Foley, who worked at Delta Community in Atlanta for 26 years, took the helm in 2004 and remained in this role until year-end 2012.
A certified public accountant, Halter 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, according to the credit union.
Prior to Delta Air Lines, 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 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.
“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 for Delta Community. “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.”
Halter said he is honored to have the opportunity to lead the credit union during this interim period.
“Our employees believe deeply in our mission to provide outstanding value and service on the deposit and loan products people use every day,” Halter said. “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.”
Founded in 1940, Delta Community now serves nearly 266,000 members.