Last Saturday, my phone pinged with a text message that could have turned my life upside down. I figured it was my friend Julia reaching out for our usual weekend plans. But instead of her name, the screen displayed “Logix Federal Credit Union” - where I’ve been a member for years.
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How did I feel? At the time, it felt like I had the wind knocked out of me. It was an ordinary Tuesday evening, and I was clicking through a ton of unread emails when I saw it – the one from my credit union. The subject line read "URGENT: Finish Your Loan Paperwork!". It made me sit upright on my couch.
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In the labyrinth of personal finance, your credit union or bank statement serves as a guiding light, illuminating your path to financial health and security. It's more than just a piece of paper or a digital record—it's a mirror reflecting your financial habits, transactions, potential vulnerabilities, and banking activity over a specific period.
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It’s tax season once again…have you filed your return? April 15th is this year’s deadline, and you can also file for an extension which extends your timeline to October 15th. (Pro tip: To avoid the fees often associated with tax prep sites, eligible individuals can head over to the IRS for free online filing options.)
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Discover how identity theft happens and the tactics used by fraudsters. Learn how to protect yourself and your financial well-being in the digital age.
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In the vast landscape of financial institutions, credit unions stand out as community-centric alternatives to traditional banks. Owned and operated by their members, these financial cooperatives prioritize serving the financial needs of their communities over maximizing profits. If you're curious about what sets credit unions apart from conventional banks and why they might be worth considering for your financial needs, you're in the right place.
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Logix Federal Credit Union and its employees are dedicated to giving back to the community. In the last few months, staff supported two Homes 4 Families’ builds for veteran housing, one in North Hollywood – a 12-home community for low-income veteran families, the other in Palmdale – a 56-home CalVet REN (Residential Enriched Neighborhood) for low-income veteran families.
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Ah, the joys and jitters of home ownership! Picture this: you've just cozied up in your dream home, but alas, your trusty appliances and systems decide it's time to throw a wrench in the works. Enter the answer to your problems - your home warranty. By understanding how home warranties work, you can make informed decisions about whether to invest in one for your home, considering your needs, budget and more. Here's what you need to know to make the right choice for your household.
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SCV Project Linus continues to provide support to the community through its many blankets its Chapter Coordinator Sharon Garvar and her students at Academy of the Canyons (AOC) share with local youth. This group is hosting its biannual Make a Blanket Day (MABD), sponsored by Logix Federal Credit Union, from 10 a.m. to 4 p.m. Saturday, March 2, at College of the Canyons East Gym.
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A traditional checking account is often seen as a staple in day-to-day personal finance, facilitating debit card purchases, ATM withdrawals, and direct deposits. Yet, many account holders may not realize that certain types of checking accounts, specifically interest-bearing checking accounts, offer the potential to earn interest (or dividends) on the account balance. Financial institutions, including banks and credit unions, provide various financial products, with some designed to accrue earnings over time.
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