Longtime credit union industry veteran Steve Lumm has been tapped to serve as interim president/CEO of Kinecta Federal Credit Union.
During his 12-year tenure as president/CEO of Addison Avenue Federal Credit Union Lumm led its growth from $480 million to $1.8 billion in assets.? He also was instrumental in establishing its CUSO, Addison Avenue Financial Partners, which managed $1.7 billion in assets at the time of his retirement in early 2007. ?Since his retirement, Lumm has actively consulted with credit unions across the country with Nice Enterprises Inc.
In addition to working with the leadership team, Lumm will be working closely with the Manhattan Beach, California-based credit union's board of directors providing advice on the CEO search process and Kinecta Federal's ongoing direction, strategy and objectives.