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Kinecta Newsletter

Keith Sultemeier

A message from Keith Sultemeier, CEO

April 2021 – Kinecta Welcomes Xceed Members!

It’s been a hectic start to 2021, but I am already optimistic about this year. Confidence is growing across the nation as infection rates decline, and vaccines are distributed and deployed to millions of Americans. And, for Kinecta, we celebrate the approval by member-owners of Xceed Financial Credit Union of their merger into Kinecta.

This merger is a win for the members of both credit unions.  We share not only common corporate cultures, but also a strong commitment to member and community service.  Coincident with the merger, Kinecta members will enjoy great rates, even lower fees and added convenience in the form of new branch locations and expanded call center hours.

April 1, 2021 was the first official day of the combination, and full integration of systems is scheduled for October.  We are thrilled to welcome our new members from Xceed and look forward to serving them.

What this means for Kinecta Members

With the addition of Xceed’s member-owners, Kinecta grows to over $6 billion in assets, 275,000 members and 30 locations. Supplementing our anywhere, anytime digital services are physical locations in El Segundo, northern California, New Jersey, and Rochester, New York.  The 30,000 no-fee ATMS you have today using your Kinecta debit card have expanded to include an additional 80,000 fee-free ATMs through the Allpoint and CULIANCE ATM networks! 

Speaking of fees, we have reduced many including those for cashier’s checks and international wires.  Checking fees on NSF and Courtesy Pay also drop from $30 to $25. In addition, we have launched new mortgage products, and later in the year, will offer Health Savings Accounts and expanded business checking capabilities.

As part of the merger agreement, Xceed’s President & Chief Executive Teresa Freeborn joins Kinecta as President while I remain Chief Executive Officer. It’s a ‘welcome home’ for Teresa, as prior to leading Xceed she served six years at Kinecta. Additionally, Kinecta’s Board of Directors expands from seven to nine members, adding two of Xceed’s Board Members.

Having Xceed join us is exciting news, and I’m truly honored and humbled by the enormous confidence in Kinecta that Xceed’s members and employees have shown. To our newest members: Welcome to the Kinecta family and thank you for placing your trust in us.

As an essential business, Kinecta branches remain open just like they have been throughout the COVID-19 crisis.  We truly appreciate our branch employees’ commitment to meeting the needs of our members.  For our members in southern California, we would sincerely appreciate your support in recognizing Kinecta and our employees as the South Bay’s Best Credit Union. Please visit and cast your vote for Kinecta under the Non-Home Goods and Services section.

This year will likely still present its share of challenges, but as always, your credit union is here for you. Thank you for your continued loyalty, and again, a most sincere welcome to our newest members joining from Xceed.

Keith's signature

Keith Sultemeier
Chief Executive Officer
Kinecta Federal Credit Union

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Community News

Kinecta is still going strong in our communities! April is Financial Literacy Month, so keep reading to find out all the ways we can help you better meet your financial goals. Events? We’ve got them!  Check out our upcoming opportunities and view the success of some of our recent volunteer and community activities.

client and advisor

Improve your financial savvy

Kinecta is still going strong in our communities! April is National Financial Literacy Month: a nationwide effort to help youths and adults apply practical money mastery tips to their everyday spending. There’s no need to complete a semester-long personal finance class to learn about the habits needed to live a financially confident life.

Kinecta supports these national efforts by providing free Financial Empowerment Programs to help all members establish positive money management habits for every stage of your life. Online modules last between 2 and 7 minutes and cover a variety of topics including basic money management, homebuying, insurance, financial caregiving, retirement, and estate planning.

Financial empowerment center

Got 2 minutes? Access our free, mobile-friendly, interactive online modules to learn financial concepts that can make a big difference in your financial future. Learn to make the most of your earnings through helpful hints about investing, saving, borrowing, and identifying financial goals so you can immediately improve your financial well-being. Click here to start today!

Students: join LA Galaxy’s Cameron Dunbar in the #CameronChallenge!

The #CameronChallenge is a 60-day financial empowerment challenge in which students learn important skills to manage money while having fun interacting with soccer professional Cameron Dunbar. Participants can even score LA Galaxy swag and gifts. Click here for rules and sign-up to participate in the #CameronChallenge.


Upcoming Event:

Shred Fest - Protect Yourself & Protect the Planet
In honor of Earth Day, Kinecta is hosting a free Community event. Safely and securely dispose of paper materials with personally identifiable information such as statements, invoices, and utility bills. You can also recycle phonebooks, magazines, newspapers, files & hanging folders, and 3-ring binders.
Saturday, May 8, 2021                           9 a.m. – noon

  • Manhattan Beach MSC              1440 Rosecrans Ave, Manhattan Beach, CA 90266
  • Brea MSC                                   1040 E. Imperial Hwy. Suite F3, Brea, CA 92821
  • Westminster                                540 Westminster Mall, Westminster, CA 92683
  • Warner Center                            21440 Victory Blvd. Woodland Hills, CA 91367
  • Palos Verdes                              67 Peninsula (Shopping) Center, Rolling Hills Estates, CA 90274

 Past Events 

  1. Team Kinecta distributed over 1,000 ice cream treats during the Dignity Health Sports Park COVID 19 Vaccine Clinic for residents 65+

  2. During Random Acts of Kindness Week (February 15-20), Team Kinecta gave back to our community in various ways 

  3. Team Kinecta participated in the Volunteer Center of South Bay’s Operation Teddy Bear Packing Day on March 9th. Our goal was to fill 400 hundred bags in a 2-hour time slot, however TEAM KINECTA came out strong filling over 600 schoolbags: a new record! 

  4. On March 5th, the Goleta Branch surprised Girl Scout Troop 50886 with a Cookie Buyout. We bought out all their cookies – a win for them, a win for hungry branch team members.