Kinecta Operations Center Moves to Chicago

Midwest facility relocates in mid-December

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Dec 20, 2011, 01:37 ET

MANHATTAN BEACH, Calif., Dec. 20, 2011 /PRNewswire/ -- On December 16th, Kinecta Federal Credit Union relocated its Midwest Operations Center to Chicago. The center, previously located in Rosemont, Illinois, handles all loan processing for Kinecta's Midwest and Northeast regions. With a minimal amount of downtime over the weekend, the center was fully operational on Monday, December 19th.

"We had an opportunity to move to a great facility in Chicago and with our ongoing growth in the Midwest and new expansion in the Northeast, we knew that now was the right time," said Todd Helmerson, Director of Wholesale Loan Production. "This new location will allow us to continue serving our business partners efficiently as we grow."

Kinecta Federal Credit Union is a direct lender providing a range of fixed and adjustable home loans for purchase or refinance. It offers attractive loan products through agency, portfolio, and FHA lending, in addition to correspondent lending and special loan programs offered in conjunction with leading mortgage insurance providers.

Kinecta Federal Credit Union is one of the nation's largest credit unions, with approximately $3.5 billion in assets and more than 225,000 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, and Kinecta Alternative Financial Solutions, dba Nix Financial. Kinecta Federal Credit Union is a not-for-profit, financial cooperative that is solely owned by its members. For more information about Kinecta's Wholesale Mortgage Lending division, visit www.LoanKinection.com.

Media Contact:
Cathy Dominguez
First Vice President, Marketing & Corp. Communications
310.643.5597
[email protected]

SOURCE Kinecta Federal Credit Union