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Kinecta Federal Credit Union

Kinecta is banking done different. While the journey to success isn’t always a straight line, having the right financial partner by your side can make all the difference. We’re excited to be the partner who helps you achieve your goals and dreams,...

Website Globe icon www.kinecta.org

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CEO of Kinecta Federal Credit Union
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Keith Sultemeier
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Kinecta Federal Credit Union Employee Reviews
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Transparency

1/27/2023 - Portfolio Manager
Recommends
Positive outlook
Approves of CEO

Pros

Growth opportunities, work life balance

Cons

Nothing critical negative at this time.

Kinecta’s mission is to guide and support its members and communities not only financially, but in all aspects of life. With our ever-growing population of members and employees of various backgrounds, we continuously strive to better serve and represent them by building a diverse team.  

Diversity is defined as the differences amongst people that can be both visible and non-visible that make them who they are. These can be one’s race, ethnicity, gender, gender identity, sexual orientation, skill and ability, as well as cultural backgrounds and experiences. One of our main goals is to embrace these differences and create equity amongst all. Everyone should have a space to feel comfortable in sharing who they are. It is these differences and individual stories that will provide a mix of perspectives and ideas to better serve our members, employees, and help us tailor the best products and services.

To assist in these efforts of promoting diversity, equity, and inclusion, Kinecta has formed the Diversity, Equity, and Inclusion (DEI) Council. This council is composed of various employees of the credit union from different backgrounds and positions seeking partnerships and activities centered around Kinecta’s diversity. In addition to the council, Kinecta is focused on diverse representation through its recruiting, retention, and promotion. Kinecta seeks to provide educational trainings and initiatives centered around diversity and inclusion, leadership and mentorship programs, create outside partnerships, and deliver a multitude of benefits that truly make a difference or our employees.

Some of our current programs and partnerships include:

Internal Programs

  • A Year of Inclusion – Monthly newsletters with stories and interviews centered around diversity, as well as roundtable discussions with expert-led panels on various topics surrounding diversity, equity, and inclusion.
  • Kinecta Emerging Leaders Program (KELP) – A leadership development program for employees who would like to pursue managerial positions, or improve their leadership skills as an individual contributor
  • Mentor Program – A program for employees who express interest in learning and developing in a new role. Employees are paired with a senior employee in an area of interest to help them learn about such area and provide development opportunities. We also provide additional mentorship opportunities through external partnerships with organizations such as, the African-American Credit Union Coalition (AACUC).
  • Employee Resource Groups -Employee Resource Groups (ERGs) are networks of employees that form based on shared characteristics or background, sponsored by the organization they work for. The catalyst behind the establishment of ERGs is a common interest and a desire to foster awareness, respect, and inclusion within the workplace. We have formed several ERGs including: Kinecta 99s (Womens ERG), Kinecting in Safe Spaces (K.I.S.S - Mental Health ERG), Kinecta Ecological Alliance (KEA - Sustainbility ERG), Black Leadership Advancing Change in Kinecta (B.L.A.C.K - Black ERG), Prism (LGBTQ+ ERG), and Kinecta Unidos (Hispanic/Latino ERG)

External Partnerships

  • Operation Progress – Operation Progress (OP) is a holistic mentoring and scholarship program focused on supporting students and families in the city of Watts. The program provides students with educational opportunities and resources such as mentorship and support with volunteer law enforcement officers, and scholarships to assist with tuition and educational expenses in local schools. Kinecta provides the scholars and families of OP with financial education that will help prepare these scholars for college and beyond.
  • Covenant House - Covenant House California (CHC) is a non-profit youth, homeless shelter that provides sanctuary and support for homeless and trafficked youth, ages 18-24. CHC serves over 4,700 youth a year with 40% being from the LGBTQ+ community. Along with financial education, Kinecta will offer ongoing career mentorship opportunities to the residents of CHC . Kinecta also proudly sponsors CHC’s fundraising events such as the “Night of Stars Gala”
  • Spicy Green Book - Spicy Green Book is a team of volunteers providing free marketing services for black-owned businesses. Kinecta will be providing financial education to these small businesses, as well as sponsoring events and working with our Business Development team to ensure these businesses have access to the products and services that will help them be successful.
  • Green Dot Charter Schools - Green Dot is a network of public charter schools throughout California and Tennessee. Their mission is to help transform public education and prepare students for college, leadership, and life in historically underserved communities. Kinecta will be conducting a series of financial education courses for high school students and providing these students with mentorship opportunities.

We are continuously building an equitable work environment by supporting and celebrating our employees’ unique abilities and differences while providing opportunities that encourage growth and development. We are committed to creating equity in the communities we serve with tailored community outreach to best serve their individual needs.

With these efforts and programs in place, Kinecta seeks to identify gaps and provide actionable recommendations that can move us to best in class when it comes to diversity, equity, and inclusion, and there’s much more to come.

About Us

Kinecta Federal Credit Union is one of the nation's leading Credit Unions, with more than $4.3 billion in assets and serving more than 293,000 member-owners across the country. From the beginning, we have helped our members fulfill their dreams. In 1940, Hughes Aircraft Employees Federal Credit Union was an idea born from a simple inconvenience: employees of the Hughes Aircraft Company were spending too much lunchtime driving downtown to handle their finances. So why not start a credit union, right there at the plant?

"I went to Mr. Hughes' office in Hollywood and talked to his secretary Nadine. I gave her all the facts and Mr. Hughes said, 'Sure. Start the Credit Union. Just keep my name clean. I don't want anything funny going on.' I said, you can be sure of that. And Hughes Credit Union was born."

- Lou Merandi, Credit Union Founder & Hughes Aircraft Chief Tool Designer, 1937-1981

In October 1940 a United States government charter was issued to establish the Credit Union. Each of the 12 founders deposited $5 to make the Credit Union's total assets $60. Membership cost 25 cents and the maximum loan amount was $200.

We launched our name change to Kinecta Federal Credit Union in July 2001, after serving our members proudly as Hughes Aircraft Employees Federal Credit Union for nearly 80 years. As we continue to expand our position as a leader in the financial services industry our Kinecta name and logo represent our continued commitment to delivering unequalled value to the members-owners of Kinecta Federal Credit Union. Our promise: Every aspect of our organization, from our employees, to our communications, to our products and services, sets standards of excellence by remembering that our business is serving our members. And we're committed to doing that better than anybody.

Careers

Benefits

It's more than a competitive salary and perks. It's a life-friendly package designed to attract and keep the best talent.

We call it our Total Rewards Program because it includes incentives, a financial services package that goes way beyond the ordinary - and much more.

Your Pay

  • Competitive salary structure
  • Annual merit increases based on performance
  • Generous Total Rewards Package including incentive and bonus plans

Your Health

  • Robust Medical Benefit Plans including HMO and PPO
  • Keep smiling with our PPO or DMO Dental Plans
  • Vision Plan for you and your dependents
  • Reimbursement Account (FSA) - Health and Dependent Care
  • Exceptional Voluntary Benefit Plans including: Cancer insurance, Short-and Long-Term Disability, Additional Life insurance, and many more 

Your Time

  • Paid Time Off to relax or take care of personal business
  • An average of nine holidays each year
  • Floating Holidays to use as you see fit 

Your Family

  • Dependent Medical, Vision and Dental coverage
  • Supplemental Life insurance for your spouse and children
  • Voluntary Pet insurance for the four-legged members of your family
  • Work/life balance philosophy

Your Money

  • Home Mortgages loan discount
  • Auto Loans discount
  • Home Equity Loans discount
  • Checking Plus account that earns dividends
  • Free Checks, Money Orders, Cashier's Checks & Traveler's Checks
  • Investment Consultation Direct Deposit

Kinecta is an Equal Opportunity Employer

Kinecta Federal Credit Union Awards & Accolades

Best Credit Union in the South Bay, Easy Reader, 2023 Employer Award, DiversityJobs.com, 2022 Great Place to Work, A Great Place to Work, 2022 Social Impact Award, California Credit Union League and Nevada Credit Union League, 2022 2021 Diversity, Equity, and Inclusion Residential Leadership Award, Mortgage Bankers Association, 2021