RANCHO CUCAMONGA, California – Allan Kemp McMorris, President/CEO of Oakland County Credit Union of Waterford, Michigan, was elected May 9 by the Board of Directors of CO-OP Financial Services to serve as the company’s Board Chairman.
McMorris has served on the Board since 2010, including the past two years as Vice-Chairman/Chairman-Elect. He has been President/CEO of Oakland County Credit Union since 1990. He is formerly Chairman of the National Credit Union Foundation, Chairman of CUNA & Affiliates and Chairman of the Michigan Credit Union League. McMorris holds an M.B.A. from Walsh College, a B.S. from Oakland University, and is a CUNA school graduate.
“I congratulate Allan on his election to Chairman of CO-OP,” said Jeff Napper, President/CEO, LBS Financial CU, Long Beach, California, who served as Chairman the previous two years. “We are confident Allan will provide fine Board leadership for CO-OP, the largest and the very best provider of financial technology products and services for credit unions.”
In addition to McMorris, three other credit union leaders were elected to Officer positions on CO-OP’s Board of Directors:
- Chuck Purvis, elected Vice-Chairman/Chairman-Elect. Purvis is President/CEO of Coastal FCU of Raleigh, North Carolina, and a 2018 Herb Wegner Award winner for individual achievement
- Benson Porter, elected Treasurer. Porter is President/CEO of BECU of Tukwila, Washington
- Joan Opp, elected Secretary. Opp is President/CEO of Stanford FCU of Palo Alto, California
The Board of Directors of CO-OP Financial Services consists of 11 members. In addition to McMorris, Purvis, Porter, Opp and Napper, the six other members of the Board include Robert Chavez, Sandia Laboratory FCU, Albuquerque, New Mexico; Doug Ferraro, Bellco CU, Greenwood Village, Colorado; Wayne Grosse, Bethpage FCU, Bethpage, New York; Kent Oram, Idaho Central CU, Chubbuck, Idaho; John Radebaugh, Carolinas Credit Union League of Raleigh, North Carolina; and Lisa Schlehuber, Elements Financial FCU, Indianapolis, Indiana.
Grosse, Opp and Oram were reelected to the Board by acclamation at the Annual Meeting of Shareholders, also held May 9.
For more information, visit www.co-opfs.org.
About CO-OP Financial Services
CO-OP Financial Services is a payments and financial technology company whose mission is ensuring the success of the credit union movement. CO-OP payments solutions, engagement services and strategic counsel help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service. For more information, visit www.co-opfs.org.
Bill Prichard, APR, Director, Public Relations
CO-OP Financial Services
800.782.9042, ext. 3450