Welcome to the Logix SmartLab

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.

Recent Posts

A letter from our CEO – What to expect in 2018

Posted by Logix CEO, Dave Styler on 12/1/2017

Providing superior member value is the reason Logix exists. Value comes in many forms, and as another successful year comes to a close, I’d like to detail some of the plans in place to deliver superior member value in 2018.

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Topics: Announcements, Inner Circle

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

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

 

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Topics: Dividend

80 Years... and Counting

Posted by Logix CEO, Dave Styler on 1/26/2017

Lockheed Aircraft Employees Federal Credit Union was officially chartered January 21, 1937.  Several weeks ago, with that milestone anniversary rapidly approaching, I took a few minutes to again read the original charter application, signed by the 12 Lockheed employees who founded our institution. 

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Topics: Insider, Announcements, Inner Circle, Thoughts on Money

Do What You Love, and Love What You Do

Posted by Logix CEO, Dave Styler on 8/26/2016

“If you do what you love, you'll never work a day in your life.” --- Marc Anthony

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Topics: Inner Circle, Your Financial Life, Thoughts on Money, Careers, Great Place to Work

The Richest Man in Babylon - A book review by our CEO, Dave Styler

Posted by Logix CEO, Dave Styler on 6/30/2016

Our CEO’s column in our employee newsletter, Logix Out Loud, is always an enjoyable read. Usually it is filled with big happenings at Logix, ideas for providing great service, or insights about how the credit union is doing. This month, Dave used his column to tell our staff about one of his favorite books, “The Richest man in Babylon.” The financial advice in the book is timeless, and certainly worth sharing with our members. Here’s Dave’s post to our staff:

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Topics: money management, Mortgage, Saving, Financial Planning, Consumerism, Buying a Home, Credit Cards, saving money, Student Loans, Investing, Compound Interest, Your Financial Life, Thoughts on Money

2016 Predictions - Updates from our CEO on Logix 2016 Initiatives

Posted by Logix CEO, Dave Styler on 3/2/2016

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I’ve never been good at predicting election outcomes, although I did correctly call Ronald Reagan’s 1980 victory over Jimmy Carter (not particularly impressive, as virtually everyone except Carter knew Reagan would win in a landslide).  I also know from experience that it’s a bad idea to use a company communication forum to discuss political issues, let alone to predict the outcome of hotly contested elections.

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Topics: Insider, Announcements, Inner Circle

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,

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Dave Styler
President & CEO

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#LogixDividend

Want to let us know how you feel about the dividend? Please join the conversation on social media using the hashtag #LogixDividend!

Click here for FAQ

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Topics: Dividend

A Letter from our CEO: Tapping the Brakes to Avoid Excessive Growth

Posted by Logix CEO, Dave Styler on 1/31/2016


When I arrived at LFCU in 1989 as CFO, the Credit Union had roughly 100,000 members.  When I left briefly in 1993, LFCU had roughly 100,000 members; and when I returned to LFCU in 2001 as CEO, we still had roughly 100,000 members.  In fact, from the late 1980s until 2010, the credit union’s total member population remained relatively constant, at about 100,000.

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Topics: Insider, Credit Unions, Inner Circle

Inner Circle - January

Posted by Logix CEO, Dave Styler on 1/29/2015


2015… Preserve the Core, Stimulate Progress

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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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