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2017 Relationship Dividend - A letter to our members from our CEO

Posted by Logix CEO, Dave Styler on 2/14/2017

 

Hello,

In 2016, Logix Federal Credit Union had another exceptional year.

Nearly 20,000 members joined Logix last year, taking advantage of our low loan rates to help generate the highest loan volume in our history. Thousands of members deepened their savings relationships and opened checking accounts. Over 92% of members indicated they would recommend us to others; and Consumer Reports magazine, in their January 2016 issue, ranked Logix among the top 20 financial institutions in the US with a score of 93/100!

Our most important job at the credit union is to help members thrive, something we do every day with excellent deposit and loan rates, lower fees, better security, and excellent service. All Logix members, from the smallest account to the largest, from the most tenured to the most recent, benefit from these qualities. In exceptional years such as 2017, we may also offer a dividend to members who maintain financial relationships that enable our success.

Based on our industry-leading net worth position, our Board of Directors authorized a total of $3 million in Relationship Dividend payments to qualifying members. 

To qualify for a dividend, members must have specified relationships and balances in their Logix accounts as of 12/31/2016. 

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

For more information about this Relationship Dividend, please take a moment to read the FAQ linked 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. weekends) or contact me directly at dstyler@lfcu.com.

We are pleased to share our success with loyal members.  If you know others who might benefit from the kind of value and service offered by Logix, please consider telling your friends about us on Facebook or Twitter, or leave a review for your favorite Logix branch on Yelp,Google, Facebook or WalletHub

Thanks again for your membership.

 

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Dave Styler President & Chief Executive Officer
Logix Federal Credit Union

P.O. Box 6759 Burbank, CA 91510
818.565.2396 Direct ▪ 818.565.2555 Fax
dstyler@lfcu.comwww.lfcu.com
Follow me on Twitter @LogixFCU_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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