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Kinecta Federal Credit Union

Credit union headquartered in California From Wikipedia, the free encyclopedia

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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.

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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.[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 CDs and IRAs; mortgage, auto, and equity loans; lines of credit for debt consolidation; and investment planning options.

Locations

Source:[3][4]

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

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