Kinecta

• Kinecta, NuVision Cancel California Megamerger

  By Jim Rubenstein  |  March 1, 2012

  The $3.1 billion Kinecta Federal Credit Union and the $1.1 billion NuVision CU on Thursday called off what would have been the nation’s second-largest merger of credit unions.

• Kinecta CEO Sees Signs of Mortgage Recovery

  By Jim Rubenstein  |  February 5, 2012

  California’s $3.1 billion Kinecta Federal Credit Union, party to a delayed mega-merger with the $1.1 billion NuVision CU, is in recovery mode this month, tending to a battered mortgage portfolio.

• Kinecta to Provide Fannie Mae REO Mortgages

  By David Morrison  |  June 20, 2011

  The 227,000-member Kinecta Federal Credit Union has become one of the financial institutions that Fannie Mae has authorized to provide mortgages to the purchasers of Fannie’s HomePath properties.

• California CUs Counter Negative Spin

  By Jim Rubenstein  |  September 15, 2010

  Stressing that "not all credit unions are suffering," a group of Los Angeles CUs did media damage control after an article in a local business journal highlighted poor credit union performance.

• Kinecta and NuVision Head to $5 Billion Mega Merger

  By Heather Anderson  |  June 2, 2010

  The boards of the $3.5 billion Kinecta FCU and $1.2 billion NuVision FCU have announced their intent to merge into an institution that will serve 300,000 members in two Southern California counties.