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The Importance of Teaching Your Kids Good Savings and Spending Habits

Posted by Paul Boynton on 3/6/2019

Parents are playing a constant tug-of-war between letting their kids enjoy the freedom of youth and teaching them some of life's essential lessons. Of course, kids being as smart as they are these days, it's just a matter of time until they learn many of those lessons on their own. When dad stubs his toe on the couch and unleashes a verbal fury fit for a salty old pirate, they quickly understand that dear old dad is both imperfect and has quite a mouth on him under the right circumstances.

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Topics: Saving

Stay Alert of This Tax Scam

Posted by Sherlogix Holmes on 12/19/2018

‘Tis the season for gift card purchases. They’re great for friends, family, and co-workers; pretty much anyone likes receiving one as a present, but there are two groups who don’t want gift cards: the Internal Revenue Service (IRS) and the Social Security Administration (SSA).

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Topics: Fraud & Identity Theft

How and Where to Find Savings This Holiday Season

Posted by Autumn R. on 11/30/2018

You might look forward to the holiday season all year, but your bank account doesn't! That's because along with all the holiday cheer and unlimited baked goods, you can expect lots of expenses for everything from decorations to gifts. Fortunately, there are a few ways to curb those costs as the holidays approach.  Here's how:

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Topics: Saving

Logix Mobile Banking App - Lookin' Fresh! And Smarter, too

Posted by Kay K on 11/29/2018

The wait is over. Our new mobile app is here!

Many of the new and improved app features are the result of members sharing their experiences with us about problems with our current app (say hello to Android Fingerprint and Touch ID/Face ID!) With technology improving every day, we wanted to create an app that would not only provide members a better mobile banking experience from day one, but also have the capacity to evolve with advancements in technology.

Check it out! 

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Topics: Insider

How to Survive No Spend November

Posted by Admin on 11/1/2018

Are you struggling to save money? You're not alone. More than half of Americans have less than $1,000 in savings. An interesting way to create good financial habits is to complete the No Spend November challenge. If you're ready to embark on this difficult challenge, here are some tips so you can survive the month:

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Topics: Saving

Credit Unions Are Different, and Members Wouldn't Have It Any Other Way

Posted by Paul Boynton on 10/18/2018

Credit unions are about common beliefs and taking control of your finances in cooperation with others that subscribe to the same goals and philosophies. While they might seem similar to a bank at the briefest of glances, there's so much more to discover upon a closer look.

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Topics: Credit Unions

Logix Gives $1 Million to Local Charities

Posted by Kay K on 10/17/2018

Something huge happened this month worth a shout-out: Logix Community Stars Foundation has donated $1 million to local charities since 2007!  We are elated and hit this mark because of your generosity!

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Topics: Community Stars

Logix Federal Credit Union Partnered with SCV Project Linus during Inaugural Community Day

Posted by Alethia C. on 10/16/2018

 

More than 500 of our employees joined together to make blankets for the Santa Clarita Valley chapter of Project Linus during our inaugural Community Day of service.  The event was hosted at the Hyatt Regency Valencia on October 8.

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Topics: Community Stars

Your Computer Is Infested with Viruses? Not So Fast.

Posted by Sherlogix Holmes on 10/11/2018

Have you ever had a mechanic knock on your door to tell you that he was driving by, saw that your car wasn’t running correctly, and decided to come by and fix it? He helpfully takes apart your engine at your request, but then stops working and demands money to finish. You pay what he requested, he works a little more, but tells you more is broken than he thought and that he needs more money. This cycle continues until you stop giving him money, at which point you’re left with a disassembled car in your driveway and a lot less cash in your wallet than you started the day with.

What mechanic could know your car's repair needs simply from driving by? Moreover, why would the "repairs" happen in your driveway?  If this situation sounds nonsensical, that's because it is. But, that’s basically the same idea as a common fraud technique: The PC cleaning scam.

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Topics: Fraud & Identity Theft

Pink Ribbon Pins for Breast Cancer Awareness Month

Posted by Kay K on 10/1/2018

Nearly everyone has a familiar face come to mind after hearing the word cancer.  Your mother, sister, grandfather, best friend, co-worker…the list goes on.  A cancer diagnosis can often be the beginning of a long, costly, and painful journey for those affected.  More than 5 years ago, we partnered with SCV’s Circle of Hope, Inc., a non-profit charity, through our Logix Community Stars foundation.  Circle of Hope provides financial assistance to cancer patients in need and offers emotional support, while educating cancer patients and their families.  Given their values and contribution to our branch communities, it made sense for us to support their efforts.

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Topics: Community Stars

Hi there! Come on in.

Feel free to peruse about. Here you’ll find stories, posts and tools aimed to assist you as you’re faced with daily to once-in-a-lifetime financial quandaries. This is your SmartLab (lab coat optional). We want you to get the most from our articles, and we welcome your ideas to help us continue to bring valuable content to you. Check out the comment section at the bottom of every post for easy ways to share feedback. We’re learning, too, and what better way to encourage smarter banking than to share tips and resources with each other? Not to mention, it’s a great chance for us to get to know each other!

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