Interplay of superconductivity (SC) and ferromagnetism (FM) is studied in a system constituted of alternated planes with FM metallicity and spin singlet SC, respectively. The phase diagram of the SC, FM, and normal state is obtained as the amplitude of the single particle charge transfer between the planes is varied. One important finding is the appearance of a region with coexistence of SC and FM at small values of the interlayer hopping amplitude, though the FM exchange coupling is below the critical value indicated by the Stoner criterium. We consider the role of the direct spin exchange coupling with respect to the degree of hybridization between FM and SC fermions and how those mechanisms may destroy the coexisting phase. Relation to exotic superconductors recently discovered, as the ruthenate-cuprate compound of the class RuSr 2 GdCu 2 O 8, is also presented.