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      Kinecta Federal Credit Union Expands Wholesale Sales Force

      Sales team growth designed to support national goals


      News provided by

      Kinecta Federal Credit Union

      May 24, 2011, 03:14 ET

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      MANHATTAN BEACH, Calif., May 24, 2011 /PRNewswire/ -- Kinecta Federal Credit Union is expanding its wholesale sales force to meet demand in the twenty-five states in which it is currently lending.  New account executives have been added to the roster to cover territories in Arizona, California, Colorado, Oregon, Kansas, Illinois, Missouri, Ohio, and Washington.  

      The Manhattan Beach, California-based credit union is currently seeking additional qualified mortgage sales professionals and is preparing to enter Idaho and Utah in the West, and Maryland, Virginia, Wisconsin, and the District of Columbia in the East.  With that, Kinecta will have account executives positioned to provide one-on-one customer service literally coast-to-coast.  It currently services these states through its West Coast and Midwest Operations Centers, located in El Segundo, California and Rosemont, Illinois, respectively.  

      "As part of an overall strategy of planned expansion, additional account executives will further increase our national wholesale presence in key regional markets," said Todd Helmerson, Director of Wholesale Loan Production.  "I'm excited to have these top-notch professionals on board."

      With a national presence as its ultimate goal, Kinecta Federal Credit Union is a direct lender providing a range of fixed and adjustable home loans for purchase or refinance.  It offers attractive loan products through agency and portfolio lending, in addition to FHA mortgages and special loan programs offered in conjunction with leading mortgage insurance providers.

      Kinecta Federal Credit Union is one of the nation's largest credit unions, with approximately $3.5 billion in assets and more than 220,000 members nationwide.  Headquartered in Manhattan Beach, Calif., Kinecta offers its members a full range of financial products through the Credit Union and its subsidiaries, Kinecta Financial & Insurance Services, Apollo Insurance Services, and Kinecta Alternative Financial Solutions, dba Nix Check Cashing. Kinecta Federal Credit Union is a not-for-profit, financial cooperative that is solely owned by its members.  For more information about Kinecta's Wholesale Mortgage Lending division, visit www.LoanKinection.com.

      Media Contact:
      Angelica Urquijo
      Director of Corporate Communications
      310.643.2401
      [email protected]

      SOURCE Kinecta Federal Credit Union

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