Logix Donates $60,000 to Local Charities With Paying With a Purpose Campaign

Logix Federal Credit Union announced today the conclusion of its latest Paying with a Purpose: Curtain Up for Kindness Campaign, having raised $60,000 to benefit six local nonprofits.

Logix is celebrating the impact of performing arts in our communities and donated $10,000 to the New West Symphony, Simi Valley Cultural Arts Foundation, Garry Marshall Theatre, Olive Branch Theatricals, San Fernando Valley Youth Chorus, and The Unusual Suspects this week.

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The NCUA vs FDIC: Know Your Deposit Insurance Options

For those navigating the financial landscape in the United States, the assurance of deposit safety stands as a cornerstone of financial security. This critical assurance is largely provided by two key federal entities: the National Credit Union Administration (NCUA) and the Federal Deposit Insurance Corporation (FDIC). These entities play a pivotal role in ensuring the safety of depositors' funds, but they cater to different sectors within the financial ecosystem.

Before we delve into the specifics of NCUA and FDIC insurance, let’s address the primary question: What sets these two organizations apart in the realm of deposit insurance and how do they relate to broader financial concepts and practices? Understanding this distinction is not just about recognizing the difference in coverage. It’s about appreciating how each contributes to the stability and resilience of the financial landscape, ensuring that depositors can confidently engage with their chosen financial institutions, whether they are banks or credit unions.

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Turn On Automatic Updates

If you use an iPhone or an Android smartphone, then it's good practice to have automatic updates turned ON!  Both Apple and Google regularly release updates for their smartphone operating systems (OS) and keeping up with the latest is a prudent measure, particularly from a security perspective since many of the updates address bugs in the OS that can be exploited by bad actors. 

On Apple devices, turning on automatic updates isn’t exactly easy, as there are multiple steps across several screens that may confuse users. Fortunately, automatic updates are enabled by default so unless you’ve turned them off on purpose you should be good to go!

Here’s how you can check: 

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5 Tips for a Stress-Free Holiday Season

Our financial situation can cause stress any time of the year, but the holidays can be particularly challenging. Fortunately, with a little advanced planning there are options to turn that stress into joy. From setting a realistic holiday spending plan, to creative gift alternatives such as handmade items or shared experiences, you can enjoy the season with greater ease and minimize the stress often associated with overspending.

Here are five tips designed to give you less stress and more joy this holiday season:

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Understanding The NCUA Insurance Limit: What You Need to Know

If you're interested in securing your financial future, you've probably encountered the term "NCUA Insurance Limit." This limit is a crucial aspect of safeguarding your hard-earned money, especially if you're a member of a federally insured credit union like Logix. In this blog post, we'll break down the NCUA Insurance Limit and provide you with the necessary information to make informed financial decisions.

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