Financial Services >> CEO Interviews >> November 12, 2001
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. Profile
Cooperative Bankshares?
Mr. Willetts: The company was founded in 1898. Originally it was a
building and loan association.
