Tony Coniglio is settling nicely into his new job as chief executive officer at the Port Conneaut Federal Credit Union.

Tony Coniglio is settling nicely into his new job as chief executive officer at the Port Conneaut Federal Credit Union.

Coniglio came on board June 17, but in less than three months has already formed a very favorable opinion of the city.

“It’s a nice town,” he said. “And I love the waterfront.”

Coniglio’s arrival coincides with an exciting moment in PCFCU history. Soon, the business will open an office in downtown Ashtabula, occupying the former Medicine Shoppe building on Main Avenue, he said.

“We should be open in about 45 days,” he said.

The Ashtabula office will mark the credit union’s first foray outside Conneaut city limits, Coniglio said. A few more employees will be hired to staff the office, he said.

“The building is just perfect,” Coniglio said. “I’m looking forward to getting it up and going.”

Coniglio, 63, has many years of experience in the financial work. He worked nearly 30 years as a commercial banker, and most recently served as CEO at Century Federal Credit Union in Cleveland.

Why Conneaut?

“I had started a credit union consulting business when a mutual friend got me involved (with the PCFCU),” he said. “This opportunity came about at the same time I was growing bored (with the consulting operation).”

Coniglio enjoys the personal touch that can be the trademark of a credit union.

“Everybody here is an equal owner,” he said. “We don’t retain profit like a for-profit (financial institution) and the service can be a whole lot better.”

Coniglio and his wife live in Mentor and enjoying bicycling and golf, he said.

The Conneaut community has been very welcoming, Coniglio said.

“I have a good feeling with the board of directors and the staff here has been great,” he said. “I feel like I’ve worked here five years, that’s how receptive the people have been.”