Space Coast CU mourns death of CEO

Douglas Samuels, president and chief executive officer of Space Coast Credit Union based in Melbourne, FL died suddenly and unexpectedly May 12 at the age of 57. Samuels originally joined SCCU in 1991 as vice president of information systems, and he has served as the credit union’s president and CEO since 1997. Dale Neubert, chairman […]

Douglas Samuels, president and chief executive officer of Space Coast Credit Union based in Melbourne, FL died suddenly and unexpectedly May 12 at the age of 57.
Samuels originally joined SCCU in 1991 as vice president of information systems, and he has served as the credit union’s president and CEO since 1997.
Dale Neubert, chairman of the board of directors for Space Coast Credit Union, released a statement Friday, “It is with great sadness that we announce the passing of our dear friend and colleague, Doug Samuels. He was first and foremost a generous, selfless individual dedicated to his family, as well as an inspiring mission-focused leader, who served the credit union, its employees, and its membership with vision and commitment.  He will be greatly missed and we extend our deepest sympathies to his family.”
Timothy M. Antonition, executive vice president, chief operations officer was appointed as acting CEO. Further announcements will be forthcoming.
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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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