Media Contact:
Laura Oberhelman
310.643.2401   
loberhelman@kinecta.org

MANHATTAN  BEACH, Calif. June 19, 2009 – Kinecta Federal Credit Union today announced that Kenneth Stauffer has joined the organization as Vice President, Enterprise Project and Process Office. Stauffer’s primary responsibilities include overseeing the enterprise project management function as well as business process analysis and design.

“With 17 years of technology leadership experience, Ken brings a wealth of knowledge to Kinecta,” said Kevin Faulkner, Senior Vice President, Operations. “We look forward to tapping his ability to build strong working relationships that will facilitate the efficient prioritization and execution of business and technology projects.”

Stauffer has been a consultant at Kinecta since March 2009. He was previously Vice President of Corporate Projects at Downey Savings, directing the selection and deployment of enterprise scale technology solutions. Prior to that, he was Chief Technology Officer at Metrocities Mortgage in Sherman Oaks, where he led technology strategy supporting peak origination volumes. Other experience includes managing Implementation Services for Digital Insight in Westlake Village and serving as Chief Information Officer at Fidelity Federal Bank. Stauffer attended California State University, Los Angeles.

Kinecta Federal Credit Union is one of the nation’s largest credit unions, with more than $4 billion in assets as of March 31, 2009; 26 branches; and more than 228,000 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.

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