Kinecta Federal Credit Union: Difference between revisions
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m SLV100 moved page Xceed Financial Credit Union to Kinecta Federal Credit Union: April 2021 merger |
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Revision as of 18:01, 4 December 2021
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1940 |
| Headquarters | Manhattan Beach, California, United States |
Area served | California, New York, New Jersey |
Key people | Keith Sultemeier, CEO |
| Total assets | $6.5B (2021) |
Number of employees | 800+ |
| Website | kinecta.org |
Kinecta Federal Credit Union is a federally chartered credit union based in Manhattan Beach, California. Originally chartered in 1940, Kinecta has 275,000+ Members and assets in excess of $6.5 billion as of 2021. Kinecta has 32 branches in three states: California, New York, and New Jersey. Kinecta offers a diverse array of products and services for businesses and individuals, include checking and savings accounts; auto loans, RV and boat loans, credit cards; mortgage loans; home equity loans, and lines of credit; business accounts, loans, and credit cards.
History
Kinecta was originally known as the Hughes Aircraft Employees Federal Credit Union (HAEFCU). HAEFCU was formed in 1940 by twelve Hughes Aircraft engineers with total assets of $60. In 2001, HAEFCU changed it's name to Kinecta Federal Credit Union after Raytheon Corporation's 1997 acquisition of Hughes Aircraft.[1]
In April 2021 Kinecta and Xceed Financial Credit Union merged.[2]
Products and services
Kinecta provides products and services to individuals and businesses. For Individual Members, there are checking accounts, long or short-term savings options including IRAs or HSAs; mortgage, auto, and equity loans; lines of credit for debt consolidation; and investment planning options.
Locations
California
- Brea
- El Segundo
- Fountain Valley
- Gardena
- Goleta
- Hawthorne
- Hermosa Beach
- Huntington Beach
- Lakewood
- Malibu
- Manhattan Beach
- Menlo Park
- Newport Beach
- Redondo Beach
- Rolling Hills Estates
- San Jose
- Santa Monica
- Torrance
- Tustin
- Westchester
- Westlake Village
- Woodland Hills
New Jersey
- Parsippany
New York
- Rochester
- Webster (town)
References
- ^ "Hughes Aircraft Employees FCU is now Kinecta". Credit Union Times. July 3, 2001. Retrieved December 4, 2021.
- ^ "Kinecta Newsletter-Q2 2021". Kinecta Federal Credit Union. Retrieved December 4, 2021.
External links
- Kinecta Federal Credit Union — official site
- Credit Union National Association