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Doug Ferraro, president/CEO of the $2.7 billion Bellco Credit Union of Greenwood Village, Colo., was elected chairman of CO-OP Financial Services.

Ferraro has served on the CO-OP board since 2010. He was named CEO of Bellco in 1992, when the credit union had just $453 million in assets and 87,633 members. Ferraro also serves on the boards of Open Technology Solutions, Gateway Services Group and Credit Union Direct Connect, CO-OP said in a release.

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Peter Westerman


Credit Union Times

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