Kinecta Credit Union

1440 Rosecrans Ave
Manhattan Beach, CA 90266
800.854.9846
www.kinecta.org

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Kinecta Credit Union is headquartered in Manhattan Beach and is the 8^th largest credit union in the state of California. It is also the 38^th largest credit union in the nation. It was established in 1940 and as of December of 2012, it had grown to 1,086 employees and 246,002 members. Kinecta Credit Union has a 4-star health rating.

Special 13-Month CD Rate In Southern California (Forum) - 1/8/2013

You can get a higher 1-year CD rate online, but for those in SoCal who prefer to bank locally, this might be of interest. Kinecta Federal Credit Union is offering a special 1.00% APY 13-month share savings certificate. Minimum deposit is $1,000. Accordin

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See Rates for: Checking | Savings | Money Market | CD | IRA

Kinecta Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	-	-	Checking Plus
0.05%	-	-	Money Market Checking
0.05%	-	-	Premiere Checking

Kinecta Credit Union Savings Account Rates

Apy	Min	Max	Product
0.05%	-	-	Money Market Savings
0.05%	-	-	Regular Share Account
0.05%	-	-	Contributory IRA Accounts With Payroll Deduction
0.05%	$100	-	Contributory IRA Accounts Without Payroll Deduction

Kinecta Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.05%	-	-	IRA Money Market

Kinecta Credit Union CD Rates

Apy	Min	Max	Product
1.35%	$1k	-	5 Year CD
1.10%	$1k	-	4 Year CD
0.85%	$1k	-	3 Year CD
0.70%	$1k	-	2 Year CD
0.45%	$1k	-	1 Year to less than 2 Year CD
0.45%	$1k	-	13 Month CD
0.45%	$1k	-	18 Month CD
0.40%	$1k	-	18 Month Bump Up CD
0.30%	$1k	-	180 to 364 Day CD
0.30%	$1k	-	9 Month CD
0.10%	$1k	-	90 to 179 Day CD

Kinecta Credit Union IRA Rates

Apy	Min	Max	Product
1.35%	$1k	-	5 Year IRA
1.35%	$1k	-	5 Year Roth IRA
1.10%	$1k	-	4 Year IRA
1.10%	$1k	-	4 Year Roth IRA
0.85%	$1k	-	3 Year IRA
0.85%	$1k	-	3 Year Roth IRA
0.70%	$1k	-	2 Year IRA
0.70%	$1k	-	2 Year Roth IRA
0.45%	$1k	-	1 Year to less than 2 Year IRA
0.45%	$1k	-	13 Month IRA
0.45%	$1k	-	18 Month IRA
0.45%	$1k	-	1 Year to less than 2 Year Roth IRA
0.45%	$1k	-	13 Month Roth IRA
0.45%	$1k	-	18 Month Roth IRA
0.40%	$1k	-	18 Month Bump Up IRA
0.40%	$1k	-	18 Month Bump Up Roth IRA
0.30%	$1k	-	180 to 364 Day IRA
0.30%	$1k	-	9 Month IRA
0.30%	$1k	-	180 to 364 Day Roth IRA
0.30%	$1k	-	9 Month Roth IRA
0.10%	$1k	-	90 to 179 Day IRA
0.10%	$1k	-	90 to 179 Day Roth IRA

Rates updated: 5/19/2013

Data for Q4 2012

Institution Statistics

KINECTA
NCUA #	4142
BankRate Report	View
Year Chartered	1940
Employees	1086
Primary Regulator
Assets and Liabilities
Assets	$3.17 billion
Loans	$2.36 billion
Deposits	$2.53 billion
Equity Capital	$248.71 million
Loan Loss Allowance	$47.62 million
Unbacked Noncurrent Loans	$44.03 million
Real Estate Owned	$5.75 million
Historic Data - December 2011
Assets	$3.12 billion
Equity Capital	$220.63 million
Loan Loss Allowance	$60.26 million
Unbacked Noncurrent Loans	$117.50 million
Real Estate Owned	$21.98 million
Profit Margin - Quarterly
Net Interest Margin	4.7%
Return on Assets	0.87%
Return on Equity	11.12%
Interest Income	$120.13 million
Non-Interest Income	$102.04 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Kinecta Credit Union had $49.78 million in non-current loans and owned real-estate with $296.33 million in equity and loan loss allowances on hand to cover it. This gives Kinecta Credit Union a Texas Ratio of 16.80% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Kinecta Credit Union decreased significantly from 49.66% as of December 31, 2011 to 16.80% as of December 31, 2012, resulting in a positive change of 66.17%.This indicates that the balance sheet and financial strength for Kinecta Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Kinecta Credit Union has increased its total deposits by $30.83 million, resulting in 1.24% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Kinecta Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Kinecta Credit Union has $3.17 billion in assets with $296.33 million in equity, resulting in a capitalization level of 9.35%, which is average.