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2016 Dividend: A letter to our members from Logix CEO, Dave Styler

Posted by Logix CEO, Dave Styler on 2/24/2016

Logix Federal Credit Union again experienced an exceptional year in 2015.

For the fifth year in a row, a record number of members joined Logix, taking advantage of our low auto and mortgage loan rates to help generate the highest loan volume in our history. Thousands of members deepened their savings relationships and opened checking accounts. We launched a new Porter Ranch branch, and again in 2015, over 96% of members indicated they would recommend us to others.

Based on our industry-leading net worth position, our Board of Directors authorized a total of $5.2 million in Loyalty Dividend payments to qualifying members.

This dividend was deposited into qualifying members’ savings accounts on February 24, 2016.

We hope this dividend demonstrates the unique advantage of membership in Logix (we share our success with those who make it possible), and serves as a reminder of our commitment to you, our loyal members.

For more information about your Loyalty Dividend, please take a moment to read the Q&A here. You may also give us a call at (800) 328-5328 (6 a.m. to 8 p.m. M-F, 8 a.m. to 5 p.m. Saturdays) or contact me directly at dstyler@lfcu.com.

We are pleased to share our success with loyal members like you. Thanks again for your membership.

Sincerely,

 dave_sig.gif

Dave Styler
President & CEO

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Meet the blogger

Logix CEO, Dave Styler

Logix CEO, Dave Styler

Dave has more than 30 years of experience in financial services, and 25 years in credit union management, the last 15 as CEO of Logix. His proudest professional achievement is the opportunity to work with the best credit union management team in the country; and his fondest professional hope is that, when he finally retires from LFCU, no one will notice a difference.

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