Frederick Willetts

FREDERICK (RICK) WILLETTS, III, joined Cooperative Bank (formerly
Cooperative Savings and Loan Association) in 1972 as a Management
Trainee and is currently serving as Chairman of the Board, President and
Director (elected to Board 1976). He attended University of North
Carolina-Chapel Hill, graduated from Guilford College (BA-History) in
1972 and Graduate School of Savings and Loan, Indiana University, 1982.
Mr. Willetts served in the U. S. Coast Guard from 1969-1970. He is
currently a Director for America’s Community Bankers and a Member of the
Government Affairs Committee, America’s Community Bankers. Mr. Willets
previously was Chairman of the North Carolina Bankers Associations, and
Thrift Institutions Advisory Council for the Federal Reserve Board;
President-Southeastern Conference, US Savings and Loan League; Vice-
Chairman-Legislative Committee, N.C. League of Savings Institutions;
Member – Legislative Committee, U S Savings and Loan League; Director-
N.C. Alliance of Community Financial Institutions and Director-Community
Bankers Association of North Carolina. In 1991, he was awarded the Glen
Troop Award for outstanding service to the community financial
institutions of North Carolina.