Kinecta Federal Credit Union’s Keith Sultemeier Re-Elected as Chairman of CU Direct

Board election results and new officers announced during virtual shareholders meeting


Irvine, California May 5, 2020 – CU Direct, the nation’s leading developer of lending software technology for the credit union industry, has announced the results of their board of directors and officers elections during the company’s annual shareholders meeting.

Keith Sultemeier, president & CEO, Kinecta Federal Credit Union; Jim Laffoon, president & CEO, Security Service Federal Credit Union; and Bob McKay, president & CEO, Together Credit Union were re-elected to new three-year terms on the board of directors.

Officer elections were also announced during the virtual shareholders meeting, and included the re-election of Kinecta’s Sultemeier to a second term as board chairman. Sultemeier has served on CU Direct’s board since 2013. Also re-elected to second terms were: Jim Laffoon, as vice chairman; and Erin Mendez, president & CEO, Patelco CU, as the board’s treasurer & secretary.

“Our board collaborates very well with management on our vision of creating the ultimate origination experience,” said Tony Boutelle, president and CEO of CU Direct.“ Their passion and insight strengthen our focus to continually develop innovative and technology-driven solutions to better serve our credit union partners.”

Also serving on CU Direct’s board of directors are:

• Benson Porter, president & CEO, BECU
• Donna Bland, president & CEO, Golden 1 Credit Union
• Sterling Nielsen, president & CEO, Mountain America Credit Union
• Brett Martinez, president & CEO, Redwood Credit Union
• Nader Moghaddam, president & CEO, Financial Partners Credit Union
• Todd Marksberry, president & CEO, Canvas Credit Union
• Kim Sponem, president & CEO, Summit Credit Union
• John Lund, president & CEO, America First Credit Union (Ex-officio)

About CU Direct

CU Direct has been a lending technology leader for 25 years, helping credit unions fund $215 billion in loans.  An enterprise lending solutions and technology company, CU Direct serves more than 1,100 credit unions and 14,800 auto dealers, retailers and medical providers nationwide.  CU Direct brings innovation and expertise to indirect lending, consumer and mortgage loan origination, point-of-sale, online marketplace, analytics marketing and CRM, auto shopping and business process outsourcing.

About Origence

Origence, a CU Direct brand, is a financial technology provider dedicated to creating new approaches to the loan origination experience. The company’s enterprise origination solution, the Origence platform, powers mortgage, consumer, indirect, and home equity lending for financial institutions. The platform includes marketing automation and POS (point-of-sale) capabilities to deliver greater sales opportunities. By bringing automation front and center to the digital lending process, Origence makes life easier for lenders and consumers alike. The company is headquartered in Irvine, California. For more information, visit Follow us on Twitter and LinkedIn.

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