Kinecta Federal Credit Union is headquartered in Manhattan Beach and is the 10th largest credit union in the state of California. It is also the 55th largest credit union in the nation. It was established in 1940 and as of March of 2025, it had grown to 661 employees and 247,214 members at 27 locations. Kinecta Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Kinecta Federal Credit Union is open to anyone through membership in the Innovision Society (one-time $10 membership fee paid by Kinecta). Membership is also open to those who live, work, or attend school in select Zip Codes in Anaheim, Lancaster, Rialto, Santa Ana or the Greater Los Angeles Area, or employees of more than 200 select employer groups.
See current membership details
Kinecta Add-On 9 Mo. CD Rate Change
Visited a branch today and was advised that the current promotion for a minimum $10K add-on 4.25% CD is ending today.
Poor Policies
Had to call to get charges and fees reversed due to their NEW checking service that forced on me even after I had called in advance and asked to OP OUT.
Poor customer service lady kept saying "we have made that change as a one time courtesy" which would set me off.
Firms should NOT be making unilateral changes that will incur charges. Something not right with that policy. Should be to allow an OP IN, but do not force a OP OUT requirement, and then fail to get it right.
Be Careful
Been a member for years and watched them go steadily down hill. For example, home refi was almost complete, when they decided my retirement income didn't qualify. Oversight by the overly eager loan officer. Their rates are also less than attractive. If possible, go somewhere else.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4142 |
| Year Chartered | 1940 |
| Employees | 661 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.38% |
| Return on Equity - YTD | 4.61% |
| Annual Interest Income | $72.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $6.57B$6.82B |
| Loans | Q1 2025vs Q1 2024 | $5.56B$5.84B |
| Deposits | Q1 2025vs Q1 2024 | $5.26B$5.48B |
| Equity Capital | Q1 2025vs Q1 2024 | $549.7MM$525.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $55.9MM$60.2MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $22.2MM$21.6MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
