A few weeks after its merger plans were scuttled, the $3.1 billion Kinecta Federal Credit Union in Manhattan Beach, Calif., has named Keith Sultemeier as its president/CEO.

Sultemeier will take over on April 23 and work closely with Roger Ballard, who has been serving as CEO of both Kinecta and the $1.1 billion NuVision FCU in Huntington Beach, Calif., a dual role that ends now that their proposed merger was called off last month.

Sultemeier had been executive vice president of the $6.6 billion Security Service FCU in San Antonio and is a 12-year veteran of the credit union industry, Kinecta said.

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