The $7 billion The Golden 1 Credit Union has selected Senior Vice President and Chief Financial Officer Donna Bland to replace outgoing CEO Teresa Halleck, who was named president/CEO of the $5 billion San Diego County Credit Union July 14.

Bland was named interim CEO July 30 in a release, which implied she will eventually become The Golden 1′s permanent CEO.

"We are especially pleased to announce that the selection of the individual to fill this crucial position has come from within the ranks of our highly qualified management team," said Pedro Reyes, board chair, in the release. "The board has given Donna its full support and confidence to carry out all of the duties of our CEO. As a result, we will forego a search for other candidates at this time."

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