Kinecta Federal Credit Union Celebrates the Anniversary of Nix Check Cashing Acquisition
Original Partnership Brings Credit Union Services to Areas Underserved by Conventional Finance Institutions
MANHATTAN BEACH, Calif.–( BUSINESS 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 amongst the biggest credit union in l . a . County therefore the biggest separate alternate monetary solutions provider in Southern Ca is exclusive with its size, range, framework and solutions.
In the year that is ensuing Kinecta and Nix reached the next milestones:
These windows are included in a pilot system, that may fundamentally establish Kinecta at each and every of this 53 greater Los Angeles 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 unique partnership, 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
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