Kinecta Federal Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1940 |
| Headquarters | Manhattan Beach, California , United States |
Area served | California, New York |
| Products | Checking accounts, savings accounts, loans (auto, RV, boat), credit cards, mortgages, home equity financing, lines of credit, business banking |
| Website | kinecta |
Kinecta Federal Credit Union is a federally chartered credit union with its main office located in Manhattan Beach, California. Established in 1940, Kinecta currently serves more than 275,000 members and manages assets surpassing $6.5 billion as of 2021. The credit union maintains 25 branch locations throughout California and New York, providing an extensive selection of financial products for both personal and business clients. These include checking and savings accounts, loans for automobiles, RVs, and boats, credit card services, mortgage and home equity financing, lines of credit, as well as business banking offerings.
History
The credit union was initially formed as Hughes Aircraft Employees Federal Credit Union (HAEFCU) by a group of twelve Hughes Aircraft engineers who pooled $60 in capital. After Raytheon acquired Hughes Aircraft, the institution adopted the name Kinecta Federal Credit Union in 2001. Kinecta further extended its reach in April 2021 by merging with Xceed Financial Credit Union.
Products and services
Kinecta delivers a wide array of financial solutions designed to meet the needs of individuals and businesses alike. For personal members, the credit union provides checking accounts, a variety of savings vehicles such as certificates of deposit and individual retirement accounts, mortgage and vehicle loans, home equity lines of credit, debt consolidation options via lines of credit, and assistance with investment strategies.
Locations
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)
External links
- Kinecta Federal Credit Union — official website
- Credit Union National Association