People on the Move: Doug Ferraro, CO-OP Financial Services Board
Doug Ferraro, president and CEO at Bellco Credit Union, has been elected to serve as board chairman of Rancho Cucamonga, Calif.-based CO-OP Financial Services. He has served as a director on the board since 2010.
Three other members also were elected to officer positions on the board of directors. Jeff Napper, president and CEO at LBS Financial Credit Union of Westminster, Calif., was elected vice-chairman/chairman-elect. Allan McMorris, president and CEO of Oakland County CU of Waterford, Mich., was elected treasurer. And, Chuck Purvis, president and CEO of Coastal FCU of Raleigh, N.C., was elected secretary.