MANHATTAN BEACH, Calif., April 7, 2008 – Kevin Faulkner has joined Kinecta Federal Credit Union as Senior Vice President of Operations. He will be responsible for overseeing the organization’s information technology, facilities, call center, ATM and debit card operations, and document and workflow management functions.

“We are thrilled to have Kevin join our team! He is an exceptional leader and he brings strong operational and technical expertise.” said Simone Lagomarsino, President/CEO of Kinecta. “Kevin has a track record of developing efficient and effective operating platforms that exceed the expectations of his co-workers and the ultimate customers.”

Faulkner was previously Senior Director of consumer finance technology at HSBC, one of the world’s leading bank holding companies. He was responsible for overall IT functions for HSBC’s North American Consumer Lending business unit, overseeing a $200 million annual budget and directing more than 100 employees in multiple domestic and international sites. Prior to HSBC, Faulkner was a financial services Senior Manager at Accenture, a global management consulting and technology services firm. He holds a Bachelor of Arts degree in economics from Wesleyan University.

Kinecta Federal Credit Union is one of the nation’s largest credit unions, with more than $4.4 billion in assets and more than 220,000 members nationwide. Headquartered in Manhattan Beach, Calif., Kinecta offers its members a full range of financial products through the Credit Union and its subsidiaries, Kinecta Financial & Insurance Services, Apollo Agencies, and Kinecta Alternative Financial Solutions. www.kinecta.org.