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Kinecta News

Media Contact:
Cathy Dominguez


Manhattan Beach, Calif., November 13, 2011 – Nix Financial and Kinecta Federal Credit Union hosted the 38th Annual Holiday Food Drive on Sunday, November 13 at Jesse Owens Park, 9651 S. Western Ave., Los Angeles. Employees from the Manhattan Beach-based financial organization distributed bags of food and $65 Ralphs/Food 4 Less gift certificates to nearly 1,200 families.

Each year, more than 40 community organizations and churches from around Southern California partner with Nix and Kinecta to select recipients for the food drive. Donations made by Nix and Kinecta members and customers helped raise thousands of dollars for the event. Sponsoring partners include MoneyGram, Mahatma Rice, Mrs. Cubbison’s, Ralphs/Food 4 Less, and Nestle. “Sweet” Alice Harris, Executive Director of the Parents of Watts non-profit organization, and WNBA superstar Tina Thompson of the Los Angeles Sparks also participated in the distribution.

A subsidiary of Kinecta Federal Credit Union, Kinecta Alternative Financial Solutions (dba Nix Financial) is taking a revolutionary approach in delivering safe, convenient access to a full range of financial services to underbanked communities in a uniquely credit union way, unprecedented in its method and scale. Nix Financial is one of the largest independent alternative financial services providers in Southern California, with 46 customer service centers, including 12 Kinecta at Nix locations, and 5 million customer visits annually. For over 40 years, Nix has supported local community-based organizations and programs, and proudly hires from within the community. For more information about Nix Financial, visit Kinecta Federal Credit Union is one of the nation’s largest credit unions, with approximately $3.3 billion in assets as of October 31, 2011; 23 branches; and more than 225,000 members nationwide. For more information about Kinecta, visit