| Dear Valued Members, As our economy reopens, many of us will make up for lost time by spending on the experiences we’ve missed out on in the past 16 months. A return to normal includes travel, concerts, dining at restaurants and family reunions. I recently read that as many as 70% of Americans are planning at least one post-COVID splurge purchase and that 60% of Americans are planning to spend more on vacations. Naturally, it made me think about how Logix can help our members spend wisely and emerge from the pandemic financially well. After all, providing members with superior value and trusted advice is the reason Logix exists. |
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| Dear Valued Members, As Los Angeles and Ventura Counties continue to open, we remain guided by the requirements of public health authorities, as well as state and federal mandates regarding reopening businesses. |
Smarter Banking Getting Smarter - A Message from Our CEO
Tuesday, December 29, 2020
Dear Valued Members,
2020 has been an extraordinary year for Logix with many opportunities brought on by the challenges of the COVID-19 Pandemic. I’m proud of our employees and leadership team for demonstrating remarkable teamwork during this time and staying true to our mission: helping our members thrive. We deferred loan payments for over 16,000 members to help them make ends meet. We paid some of the highest deposit yields in the nation despite environmental rates hitting all-time lows. We scaled our operations to meet unprecedented mortgage demand, significantly reducing monthly mortgage payments for thousands of our members.
Dear Valued Members,
Since my last update, we had an overwhelmingly positive response to our expanded branch and contact center hours. A special thanks to all our members who visited a Logix branch and for your patience as we continue to exercise safety protocols. The health and safety of our members and employees remains our highest priority, thus we continue to enforce safety protocols until COVID-19 is no longer a serious threat.
Please see our latest updates below, effective Monday, June 1.
Dear Valued Members,
On behalf of our entire Logix family, I want to thank you again for your continued trust and the efforts you are making to keep yourselves and loved ones safe. In my last communication, I explained how your current needs and financial wellbeing are helping us shape decisions about how we serve you during these challenging times.
