Kinecta Community Foundation donates $60,000 to support partners impacted by COVID-19
MANHATTAN BEACH, CA (May 8, 2020) — In response to increased need, Kinecta Community Foundation, the charitable entity of Kinecta Federal Credit Union, mobilized to support local organizations impacted by the COVID-19 pandemic. Since March, Kinecta Community Foundation has donated a total of $60,000 to various community organizations. On March 25, the foundation gave $40,000 to local Children’s Miracle Network (CMN) Hospitals to support their respective COVID-19 relief efforts. Funds provide financial aid, food and child-care assistance to financially stressed employees and resources for patients.
“Like many industries, children’s hospitals are facing a crisis. Resources are being diverted to combat COVID-19. Doctors and nurses can’t go home due to health risks to their families. There is a pause on elective surgeries, which have stopped a major source of hospitals’ operating budget. All this while children are still sick and injured and needing care,” said Nick Coleman, Director of Corporate Partnerships at CMN Hospitals. “CMN Hospitals is so proud to partner with organizations like Kinecta Federal Credit Union that understand the importance of giving back, even in such difficult times.”
Additionally, in April, Kinecta Community Foundation gave a total of $20,000 in emergency funds to nonprofit partners Food Finders, Food Bank of Santa Monica, Midnight Mission, Second Harvest Food bank, Thomas House Family Shelter, LA Regional Food Bank, Community’s Child and Warrior Student Food Pantry.
About Kinecta Federal Credit Union
Headquartered in Manhattan Beach, California, Kinecta Federal Credit Union is one of the country's largest credit unions, with assets of $6.7 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. Residents of Rochester, NY, voted Kinecta as a finalist for Best Credit Union in the Democrat & Chronicle's annual Rochester Choice Awards in 2022. 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 30 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.
