Kinecta Donates Backpacks, School Supplies To Families In Need

MANHATTAN BEACH, CA — Some 600 students are feeling more set for the new school year thanks to Kinecta Federal Credit Union's backpack giveaway. Kinecta collected hundreds of backpacks and $3,800 in donations to stuff the backpacks with school supplies.

“We are so proud that this is our 11th year hosting this backpack giveaway for families in need,” said Latrice McGlothin, community engagement officer, Kinecta Federal Credit Union. “Local families spend approximately $200 per student each academic year on supplies, and our hope is that this will relieve some of the burden.”

Kinecta distributed the backpacks in the parking lot of Dignity Health Sports Park, where hundreds of families arrived to pick up backpacks, school supplies and sweat shirts before the start of the new school year.

Backpacks were also donated to Kinecta community partners, including Al Wooten Jr. Youth Center, Environmental charter, Parents of Watts, Richstone Family Center, GRYD Foundation, Thomas House Family Shelter, Los Angeles Police Department Southeast Division, Watts/Century Latino Organization, and Motorcycle Riders for Homeless Parolees.

Said Naomi McSwain, executive director, Al Wooten Jr. Youth Center, "We used to struggle making sure that every child had school supplies for the school year. We haven't had this concern since we started attending Kinecta’s backpack giveaways!”

Kinecta Federal Credit Union, headquartered in Manhattan Beach, is one of the nation's largest credit unions, with approximately $5 billion in assets, 22 branches, two retail mortgage centers, and 255,000 members nationwide. Kinecta, which has offered banking in the South Bay for 80 years, has a full range of financial products available to its members, through the Credit Union and its subsidiaries, Kinecta Wealth Management and Kinecta Insurance Services.

Each year, Kinecta partners with, donates to, and invests time in more than 150 nonprofit causes. For the past nine years (2011-2019), it has been named the South Bay's Best Credit Union by Daily Breeze readers and was recently voted the Best Credit Union in the South Bay for Easy Reader’s 2020 Best of the Beach. Kinecta is also a Great Place to Work® Certified company.