Kinecta Federal Credit Union to Offer Salary Advance Program for Military and Government Employees Impacted by Government Shutdown

MANHATTAN BEACH, Calif., April 8, 2011 /PRNewswire/ -- Kinecta Federal Credit Union today announced that in light of the potential federal government shutdown, Kinecta is prepared to assist impacted members with a no-fee salary advance program.

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Kinecta members who in the military or employees of the federal government will have the opportunity to obtain a signature loan as a one-time advance to cover their next paycheck.  If the governmental shutdown extends to the following pay period, Kinecta will offer a second loan.  

"Kinecta wants to assure its members that we are here to serve their needs in times of economic uncertainty," said Brian Robinett, Senior Vice President and Chief Credit Officer, Kinecta Federal Credit Union.

For more information, please call our Member Contact Center at 800.854.9846, Monday-Friday, 7 a.m. to 7 p.m., and Saturdays 9 a.m. to 5 p.m., Pacific Time or visit our website at www.kinecta.org.

Kinecta Federal Credit Union is one of the nation's largest credit unions, with approximately $3.5 billion in assets as of December 31, 2010; 24 member service centers, 49 Nix customer service centers, and 9 Kinecta at Nix locations throughout Southern California; and nearly 224,000 members nationwide. Headquartered in Manhattan Beach, Calif., Kinecta offers its members a full range of financial products through the Credit Union and its subsidiaries, Kinecta Financial & Insurance Services, Apollo Insurance Services Inc., and Kinecta Alternative Financial Solutions, dba Nix Check Cashing. Kinecta Federal Credit Union is a not-for-profit, financial cooperative that is owned by its members, and exists to provide a safe and convenient place for member/owners to conduct their financial business. For more information about Kinecta, visit www.kinecta.org. For more information about Nix Check Cashing, visit www.nixcheckcashing.com.

Media Contact:
Angelica Urquijo
Direct: 310.643.2401
Cell: 310.469.2761

SOURCE Kinecta Federal Credit Union