Original Partnership Brings Credit Union Services to Areas Underserved by Conventional Banking Institutions
MANHATTAN BEACH, Calif.–( COMPANY WIRE )–One year ago this week, Kinecta Federal Credit Union of Manhattan Beach, Calif., purchased Nix always check Cashing, of Carson, Calif., and a business that is revolutionary came to be.
The partnership between your credit union that is largest in Los Angeles County plus the biggest separate alternate economic solutions provider in Southern Ca is exclusive in its size, range, framework and solutions.
In the year that is ensuing Kinecta and Nix reached listed here milestones:
These windows are element of a pilot system, that may eventually establish Kinecta at each and every for the 53 greater l . a . area Nix shops that the credit union acquired year that is last.
Along with breaking ground that is new bringing credit union services and products to Nix shops, Kinecta has introduced revolutionary alternate lending options and solutions, including:
вЂњ Through this partnership that is unique we now have developed a revolutionary business structure that may bring credit union solutions to underbanked areas where almost 5 million individuals live, вЂќ stated Simone Lagomarsino, President and CEO of Kinecta Federal Credit Union. Continue reading →