MANHATTAN BEACH, Calif. – Gretchen Newman has joined Kinecta Federal Credit Union as controller. She will supervise Kinecta’s Accounting Department and will be responsible for all aspects of the credit union’s financial reporting and general accounting.

“Gretchen has extensive experience in accounting, financial reporting and auditing,” said Karen Christensen, Chief Financial Officer for Kinecta. “In addition, her experience on a credit union board will be beneficial as she oversees our accounting operations.”

Previously, Newman was controller for Decurion Management Co. in Los Angeles, the parent company of Pacific Theatres. Prior to that, she was senior manager of financial reporting and general accounting at Nissan North America and Nissan Motor Acceptance Corp., both in Gardena. She served five years on the Board of Directors of Nissan Federal Credit Union. 

Other experience includes financial and accounting positions at Malaga Bank in Palos Verdes Estates and Deloitte and Touche in Los Angeles.

Kinecta Federal Credit Union is one of the nation’s largest credit unions, with more than $4.4 billion in assets, 25 branches 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, dba Nix Check Cashing. Kinecta Federal Credit Union is a not-for-profit, financial cooperative that is owned by its members, and exists to provide a safe and convenient place for member/owners to conduct their financial business. Our earnings are returned to our members in the form of lower loan rates, higher interest on deposits and lower fees. For more information about Kinecta, visit www.kinecta.org. For more information about Nix Check Cashing, visit www.nixcheckcashing.com.