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Kinecta News

Media Contact:
Marsha Mathias
Director, Corporate Communications
310.643.2625; mmathias@kinecta.org

KEITH SULTEMEIER NAMED CHIEF EXECUTIVE OFFICER OF KINECTA FEDERAL CREDIT UNION

MANHATTAN BEACH, Calif., April 9, 2012 – Kinecta Federal Credit Union announced today the selection
of Keith A. Sultemeier as President & Chief Executive Officer, effective April 23, 2012. In this role,
Sultemeier will oversee all aspects of the credit union ensuring its continued success and ongoing
commitment to serving its member-owners. Sultemeier will work closely with Roger Ballard, who
previously served as joint CEO of both Kinecta Federal Credit Union and NuVision Federal Credit Union,
to ensure a smooth transition. Following the transition, Ballard will return to NuVision as CEO.

“Keith stood out as a trusted, seasoned credit union leader with a passion for serving members,” said
Darryl F. Johnson, Chairman of the Board. “He possesses the distinct mix of skills and experience we
were looking for: strong and trusted leadership skills, proven track record in credit union management,
and excellent communication skills. We are confident that he will continue to drive Kinecta’s success.
“Additionally, I would like to commend Roger Ballard for his dedication as joint CEO for Kinecta and
NuVision,” Johnson continued. “He successfully led both organizations with vision and compassion, and
we thank him for all of his efforts.”

Sultemeier brings 12 years of credit union experience and 10 additional years of strategic planning and
financial management experience to Kinecta. Most recently as EVP at Security Service FCU in San
Antonio, Texas, he led strategic planning and budgeting for the organization as well as directed the
operations of both back office and member-facing divisions.

“Kinecta has a reputation for operational excellence, innovation and member service,” said Sultemeier. “I
am excited to play a role in continuing this tradition and leading the company’s next chapter of growth and
service.”

A graduate of the University of Texas at Austin, Sultemeier earned both an MBA and a BBA. He is a
Certified Public Accountant with Series 7, 24, 27, 55 and 63 securities licenses, and Group I Life, Health
& HMO and Property Casualty insurances licenses.

About Kinecta Federal Credit Union
Kinecta Federal Credit Union (kinecta.org) is one of the nation’s largest credit unions, with approximately
$3.2 billion in assets; 22 member service centers; four retail mortgage centers; 44 Nix customer service
centers and 12 Kinecta at Nix locations; and over 235,000 members nationwide. Headquartered in
Manhattan Beach, Calif., Kinecta was founded to serve employees of Hughes Aircraft Company and now
serves employees from Boeing Satellite Systems, Raytheon Systems Company, DirecTV and other select
employer groups. Kinecta offers its members a full range of financial products through the Credit Union
and its subsidiaries, Kinecta Financial & Insurance Services, Apollo Insurance Services, Inc., and Kinecta
Alternative Financial Solutions, dba Nix Financial.