Florida CU Merger Leader Expands Role
The executive tapped to lead integration of one of the biggest mergers in the credit union industry has a new role.
Timothy Antonition of Space Coast Credit Union has been promoted to chief operating officer. Antonition was named the integration project leader when Space Coast acquired Eastern Financial Florida Credit Union in 2009. He oversaw the teams that planned and completed one of the credit union industry’s largest systems conversions.
In his new role, Antonition will provide strategic direction for the retail branch operations, call center operations, information systems and Web operations divisions, according to the $3.1 billion credit union in Melbourne, Fla. He will also continue to lead what Space Coast calls its high level process teams that are focused on workflow and process improvements.
Antonition started his career at Space Coast in 1993 as a teller. He moved up the ranks to branch manager, regional branch manager, vice president of branches, senior vice president of retail services, and executive vice president of retail operations, a title he will retain along with the COO title.
The NCUA placed Eastern Financial Florida CU in conservatorship April 24, 2009. Space Coast was appointed by the regulator to take over operations three days later. In June 2009, it announced its intentions to acquire the troubled credit union.