Founded in 1978 by Tom Nix, Nix Neighborhood Lending grew to become one of the largest alternative financial service providers in Southern California. The company focused on serving unbanked and underbanked communities with services like check cashing, payday loans, money orders, and prepaid debit cards. In a move to bring this customer base into mainstream banking, Nix was acquired by Kinecta Federal Credit Union in 2007. Over the following years, the Nix locations were converted into Kinecta branches, aiming to transition customers from high-fee services to traditional banking products like checking accounts and lower-interest loans.

Founded in

United States