Dear Valued Member,
I hope this message finds you and your loved ones in good health and spirits. It is always a joy to connect with you, even if it is through the medium of this letter. Our community at Logix is very special to me, and these moments of communication are a significant part of what makes our institution unique.
To start, I'd like to reassure you that despite an unprecedented shift in environmental interest rates and what appears to be a softening economy, Logix remains financially strong. This strength is a testament to prudent management and the unwavering trust members have in us. It’s a trust we strive to earn every day, and one we never take for granted.
One indication of financial strength is our consistent 5-star rating from Bauer Financial, an independent rating agency. We're proud of this accolade because it signifies our dedication to maintaining exceptional capital levels to protect your savings.
In an environment of changing interest rates and increasing costs, we're fine-tuning loan programs, introducing new savings options and adapting policies to protect against interest rate, credit, liquidity, and other risks – all crucial elements in safeguarding the financial health of your credit union.
If you have questions about your financial plan or how best to make ends meet please don't hesitate to reach out to us. Logix Financial Consultants are experienced and ready to assist via in-person meetings, phone calls, or video consultations. We also have resources available in our SmartLab, including financial wellness tools and complimentary counseling for budgeting, home buying, and other goals.
Your trust in Logix is what fuels our commitment to offering top-tier security and service. Seeing the heartening reviews and the many "Best-of" awards we have received, I am reminded of why we strive to excel and improve every day.
Ana E. Fonseca
President and CEO
Please contact Logix at (800) 328-5328 or visit www.lfcu.com if you have any questions about this topic or would like to consider opening an account.
Logix Smarter Banking is a registered trademark of Logix Federal Credit Union.