Today, Logix will return $5 million to the people who helped us earn it.
A Letter from our CEO: Tapping the Brakes to Avoid Excessive Growth
Sunday, January 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.
Why do banks have fees, and how can I avoid them?
Tuesday, December 29, 2015
Let’s face it: nobody likes to pay a fee. At Logix, we’re especially keen on limiting fees to our members, and this 2015 independent study by Consumer Reports indicates that our members think we’re doing a great job of keeping fees low.
A Financial Fresh Start
Tuesday, December 29, 2015
Occasionally Logix will invite guests to post on financial topics, and we are pleased to present this article from April McCaffery, author ofthe 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 represent the views or advice of Logix federal Credit Union.
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 rich and complex history.
