Kinecta Federal Credit Union Showcases its Commitment to Kindness and Caring through Giving and Community Support

Kinecta supports families and the communities it serves through donations, volunteerism, fundraising activities, scholarships and grants

MANHATTAN BEACH, Calif., Dec. 19, 2022 /PRNewswire/ -- As part of its commitment to support the communities it serves, Kinecta Federal Credit Union exemplifies what it means to be invested and focused on providing value beyond its financial products and services. Throughout the year, Kinecta has participated in community events including backpack drives, the Skechers Pier to Pier Walk, holiday food distributions and holiday toy drives.

"The generosity of Kinecta employees, members and the community is heartwarming, especially as people continue to feel the impact of the pandemic and our current economic situation," said Kinecta Community Foundation Executive Director, Latrice McGlothin. "It is important that we as an organization continue to give back to our community and I am proud of the work being done."

Some of the ways Kinecta gives back to the community are through the signature events below.

In August, Kinecta hosted its 13^th Annual Backpack Drive in the South Bay area of Los Angeles, California and Rochester, New York, helping underserved students from grades three to 12 prepare for the upcoming school year. Kinecta launched their first Backpack Drive in 2010 and has since helped nearly 6,000 students receive much needed school supplies. In addition to the drive, Kinecta supported educators in the community by opening its campus for school meetings and hosting breakfast and lunch for more than 2,000 school employees.

During the month of September, Kinecta staff wore jeans in support of Children's Miracle Network Hospitals (CMNH) to encourage Kinecta's member-owners to donate and raise awareness. These donations, and community support, helped to ensure CMNH can continue to provide care to every family, regardless of their ability to pay. By the end of the fundraising campaign, Kinecta raised nearly $12,000 to support CMNH.

This summer, Kinecta announced the winners of their 2022 Youth Scholarships and Teaching Grants program. After receiving 106 scholarship and 21 teaching grant applications, eight $2,000 scholarships were awarded to help full-time students pursue their higher education dreams, and six $2,000 grants were given to teachers to bolster classroom instruction and projects. Over the past 15 years, Kinecta has awarded over $260,000 to students and teachers. To view the scholarship recipients and more information, click here. The 2023 scholarship application will open in February.

This October, Kinecta was the presenting sponsor of the annual Skechers Pier to Pier Friendship Walk for the second year in a row. As the largest charity walk of its kind in California, this event rallied more than 100 companies, schools and families for one common purpose: to support children with varying abilities and public education. Kinecta teams in Rochester, New York also participated. Since 2009, the walk has grown to gather more than 19,000 annual registrants and raised more than $21 million for public schools, scholarships and the Friendship Foundation, an organization that supports children with special needs and their families.

In November, Kinecta provided holiday meals to more than 1,300 deserving families during their 49th annual food drive. More than $70,000 was raised through donations from vendors, employees, members and local community members. Kinecta partnered with over 30 community-based organizations throughout Los Angeles County and Rochester, New York to select families.

This holiday season, Kinecta has once again partnered with The Pirate Toy Fund to collect toys for children in the Rochester, NY community up until Christmas Eve. The Pirate Toy Fund was co-founded by local children's entertainer Gary the Happy Pirate and Dave and Lorrie Simonetti. It has distributed almost 400,000 toys since 1995. Since 2021, Kinecta members donated more than 1,250 toys and raised more than $1,500 to support the Pirate Toy Fund.

Every year Kinecta partners with Mychal's Learning Place for the Annual California Great Santa Stroll in Hermosa Beach, CA. Team Kinecta fundraises to support the youth and young adults of Mychal's Learning Place, a nonprofit that is dedicated to optimizing the potential of youth and young adults with developmental disabilities including autism, Down syndrome, and cerebral palsy. This year's event gathered more than 900 registrants and raised more than $150,000.

For more information about Kinecta, and its community activities, please visit www.kinecta.org/community. 

Headquartered in Manhattan Beach, California, Kinecta Federal Credit Union is the country's 35^th largest credit union, with assets of $6.6 billion and more than 270,000 members from coast to coast. Banking the Southern California area for more than 80 years, with additional branches in New York, New Jersey, Northern California and Florida, Kinecta offers its members a full range of financial products from banking, lending and insurance to wealth management services. Kinecta has been recognized by the Mortgage Bankers Association as a recipient of its Diversity, Equity and Inclusion (DEI) Residential Leadership Award, and received the Best of Show award granted by the Credit Union National Association (CUNA) Technology Council. Forbes awarded Kinecta as a top-ranked credit union in California on its America's Best Credit Unions in Each State 2022 List. Kinecta has 31 locations, and its members can use a network of more than 5,800 shared branches and access over 85,000 fee-free ATMs nationwide. For more information on Kinecta, visit the website and LinkedIn.

During 2021, Kinecta, its subsidiaries, and employees donated over $880,000 to charitable causes, volunteered over 5,100 hours and participated in over 225 community events. To learn more about Kinecta's community outreach programs and activities, visit kinecta.org/community.

MEDIA CONTACT:  
Ryann Checchi, Interdependence PR
[email protected]
708-420-4776

SOURCE Kinecta Federal Credit Union