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,
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Occasionally Logix will invite guests to post on financial topics, and we are pleased to present this article from April McCaffery, author of the book Balancing the Single Mom Budget. She also runs the It’s All About Balance blog. Opinions expressed by our guest bloggers do not necessarily
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Let’s face it: nobody likes to pay a fee. At Logix, we’re especially keen on limiting fees to our members, and our members think we’re doing a great job of keeping fees low. Low is great, but why do banks and credit unions have fees
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Although chances are good that you’ve stepped foot inside a credit union or two, you may not know a whole lot about them. Credit unions — which are nonprofit, member-owned financial institutions that typically offer better interest rates and fewer fees than national banks — have a
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Well it’s that time of year again—when you need to think about holiday gifts. You can’t leave it all to Santa—he’s a very busy man. Good news. Giving gifts doesn’t have to cost anything. You just need to do a little creative thinking. Free
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Hi! I’m Brad, the social media guy at Logix. Sure I post on Facebook and Twitter, but my primary responsibility here is making sure that you are able to do your job as a member. Does it sound strange to you that you have a
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I’m working at my laptop in a coffee shop in Boulder, Colorado. I have a hot coffee next to me, the caffeine helping me power through the day. It’s 5:30 and I still have a few hours left of work before I can call it
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So maybe creditors mysteriously start treating you like you’re toxic. You wonder what’s up so you check your credit report and it shows you racked up some bill you really didn’t. You’re not alone. The Federal Trade Commission estimate 1 out of 20 of consumers have
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You’ve probably read a lot of “student debt” facts out there. According to The Institute for College Access & Success, 7 in 10 seniors graduate with student loan debt. Or the average debt burden is now over $28,000. Well, here are my facts: Fact #1: Student debt is
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How it happened may be a mystery, but what you do know is that it happened – your personal information was stolen and used to apply for loans, open accounts, or file taxes without your authorization. Now what? For victims, having their identity stolen can be devastating. There’s confusion, anger, embarrassment and a list of other emotions that may come to the surface at learning your valuable information has been taken. According to Javelin Strategy & Research’s 2015 Identity Fraud Study, approximately 13 million Americans were victims of ID theft in 2014. And, while that number has dropped from the prior year’s total, the figure is still alarming. During a time that can feel overwhelming for those personally affected, it is important to act quickly and have direction when starting the recovery process.
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