Nader Moghaddam, president/CEO of the $788 million FinancialPartners Credit Union in Downey, Calif., has been appointed as adirector on CU Direct Corp.'s board of directors.

Moghaddam had served as an associate director since October2011. He fills the seat vacated by Larry Wilson, retired president/CEO of the $2 billion CoastalFederal Credit Union in Raleigh, N.C.

The CUSO also confirmed that Chuck Purvis, new president/CEO of Coastal, has been appointedas an associate director on the board.

During the company's shareholder's meeting in May, the board,along with chairman JoeBrancucci, president/CEO of the $1.5 billion GTE Financial inTampa, Fla., recognized Wilson for his eight years of service andcontributions while serving on CUDirect's board of directors.

Long-standing board members Henry Wirz, president/CEO of the $1.8 billion SAFE Credit Unionin North Highlands, Calif., and Marge McNaught, senior vicepresident of lending at the $1.4 billion Premier America Credit Union in Chatsworth, Calif., steppeddown from the CUSO's board of directors in January 2012 andDecember 2011, respectively.

Wirz served on the board for 12 years, including two years asthe board's chairman, from 2005-2007. McNaught served on CUDirect's board from 2003-2011, including two years as chairman,from 2009-2011.

The Ontario, Calif.-based CU Direct is the parent company ofCUDL, Lending Insights, Lending 360, CUDL Retail and Verobrands.