Kinecta Joins the Worldwide Foundation for Credit Unions Credit Union Displacement Fund Ukraine Campaign and Commits up to $50,000

PR Newswire

MANHATTAN BEACH, Calif., April 5, 2022

For every $1 Given, Kinecta will match $2 until $50,000. Donations to meet immediate humanitarian needs

MANHATTAN BEACH, Calif., April 5, 2022 /PRNewswire/ — Kinecta Federal Credit Union joins the World Foundation for Credit Unions, the fundraising and engagement arm of the World Council of Credit Unions (WOCCU), as part of its Ukraine displacement of credit unions. Kinecta is committed to supporting those affected by the current crisis and is asking members and non-members to donate at any of its locations or online at https://kinecta.ejoinme.org/ukrainianrelief by April 18, 2022. For every $1 given, Kinecta will match $2 to Ukrainian relief efforts until $50,000.

(PRNewsfoto/Kinecta Federal Credit Union)

The Global Credit Union Foundation will primarily direct its support to approved non-governmental organizations that provide emergency humanitarian assistance in Ukraine and in neighboring European countries hosting Ukrainian refugees. Other funds raised will be donated to mitigate short-term and long-term impacts on Ukraine credit union system and those who look to it for support, including employees and members.

“Kinecta is committed to the communities we serve at home and abroad, our hearts go out to the people of Ukraine and all those affected by the current crisis,” said Keith Sultemeier, President and CEO of Kinecta. “Please join us in supporting the Global Foundation for Credit Unions Credit Union Displacement Fund Ukraine Campaign to meet the immediate humanitarian needs of those still alive. Ukraine and for the more than four million Ukrainian refugees who have fled the country.”

Once the situation stabilizes, WOCCU will work on recovery and reconstruction efforts in conjunction with the Ukrainian American Credit Union Association, which represents 12 credit unions serving the Ukrainian diaspora in United States. WOCCU acts as the leading voice for global advocacy and development on behalf of the international credit union community, and continues to promote economic freedom and sustainable growth for credit unions around the world through education projects, collaboration and community development.

In 2021, Kinecta, its affiliates and employees donated more than $880000 to charitable causes, volunteered more than 5,100 hours and participated in more than 225 community events. To learn more about Kinecta’s community outreach programs and activities, visit kinecta.org/community.

About Kinecta Federal Credit Union
Kinecta Federal Credit Union is the 35th largest credit union in the nation, with assets of $6.6 billion and more than 270,000 member-owners. Its more than 800 employees serve members from 31 branches, a variety of specialized offices and highly responsive call centers on both coasts. banking on Southern California region for more than 80 years, with recent expansion into New York, New Jerseyand Northern California, Kinecta offers its members a full range of financial products through Credit Union and its subsidiaries, Kinecta Wealth Management and Kinecta Insurance Services. Kinecta has been recognized by the Mortgage Bankers Association as a recipient of its Residential Leadership Award for Diversity, Equity and Inclusion (DEI) and received the Best of Show Award from the Credit Union National Association’s Technology Council (CUNA). Daily Breeze readers named Kinecta one of the top credit unions for the past 11 years in the South Bay area in Los Angeles. Kinecta supports its communities in a variety of ways, giving back through the Kinecta Community Foundation as well as serving as an official financial services partner of the LA Galaxy and sponsor of the Rochester Americans and Rochester Red Wings. To learn more about Kinecta, visit kinecta.org.

About the Credit Union World Foundation
The World Credit Union Foundation is the fundraising and engagement arm of the World Council of Credit Unions (World Council), the global trade association and development platform for credit unions. The World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to affordable, high-quality financial services. The Global Council represents the interests of the global credit union system with international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen the financial performance of credit unions and increase their reach. The World Council has implemented more than 300 technical assistance programs in 90 countries. Worldwide, 86,451 credit unions in 118 countries serve 375 million people. To learn more about the impact of the World Council around the world, visit www.woccu.org.

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SOURCE Kinecta Federal Credit Union

Leslie M. Gill