Kinecta Federal Credit Union
{{Short description|Credit union headquartered in California}}
{{Infobox company
| name = Kinecta Federal Credit Union
| type = Credit union
| founder =
| area_served = California, New York
| key_people = Keith Sultemeier, CEO
| industry = Financial services
| genre =
| products =
| operating_income =
| assets = $6.5B (2021)
| num_employees = 800+
| divisions =
| footnotes =
| intl =
| foundation = {{Start date|1940}}
| location = Manhattan Beach, California, United States
| locations =
| slogan =
| homepage = [https://www.kinecta.org/ 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 25 branches in two states: California and New York. 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 its name to Kinecta Federal Credit Union after Raytheon Corporation's 1997 acquisition of Hughes Aircraft Company.{{cite news |date=July 3, 2001 |title=Hughes Aircraft Employees FCU is now Kinecta |url=https://www.cutimes.com/2001/07/03/hughes-aircraft-employees-fcu-is-now-kinecta/ |newspaper=Credit Union Times |access-date=December 4, 2021}}
In April 2021 Kinecta and Xceed Financial Credit Union merged.{{cite web |url=https://kinecta.org/kinecta-newsletter |title=Kinecta Newsletter-Q2 2021 |website=Kinecta Federal Credit Union |access-date=December 4, 2021 |archive-url=https://web.archive.org/web/20210507230043/https://kinecta.org/kinecta-newsletter |archive-date=7 May 2021 |url-status=dead}}
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 CDs and IRAs; mortgage, auto, and equity loans; lines of credit for debt consolidation; and investment planning options.
Locations
Source:[https://www.kinecta.org/locations Kinecta Locations][https://www.depositaccounts.com/banks/kinecta-cu.html#locations depositaccounts.com]
California
- Brea
- El Segundo
- Fountain Valley
- Gardena
- Goleta
- Hawthorne
- Huntington Beach
- Lakewood
- Los Angeles
- Manhattan Beach
- Redondo Beach
- Rolling Hills Estates
- Santa Monica
- Thousand Oaks
- Torrance
- Tustin
- Westchester
- Woodland Hills
New York
- Greece (town)
- Henrietta (town)
- Webster (town)
References
{{reflist}}
External links
- [https://www.kinecta.org/ Kinecta Federal Credit Union] — official site
- [http://www.cuna.org/ Credit Union National Association]