A Letter From Our CEO: New Year. New Habits.

I look forward to the beginning of each new year as an opportunity to set self-improvement goals. For many of us, New Year's resolutions are focused on health but it’s just as important to evaluate your financial wellness and resolve to set some long- and short-term goals. Fortunately, January is Financial Wellness month, which was created to remind us to pay closer attention to our financial well-being after the hustle, bustle, and high spending that comes with the holiday season.

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The Best of the Best – Why Logix is (Objectively) Smarter Banking

Fact: Credit unions charge fewer fees and have better loan and deposit rates, on average, than banks.

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A Letter From Our CEO: 85 Years of Smarter Banking

This year marks our 85th year of helping members thrive! We’re celebrating this remarkable milestone by recognizing you, our members, for contributing to our success all these years.

Lockheed Aircraft Employees Credit Union was chartered by twelve Lockheed employees in 1937, just as the country was climbing its way out of the Great Depression. Our members – then, all Lockheed employees – found safety, financial value, and excellent service in the years that followed and this continues to be true 85 years later.

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Protect Yourself When Paying P2P

"Sorry, I don't have any cash. Can you spot me, man?" is so early 2000's.

With the introduction of peer-to-peer (P2P) payments, friends and family can no longer use the excuse of being cashless to avoid repaying borrowed funds or receiving goods without paying for them in full. Logix members use P2P payment apps like Venmo, Paypal, and Zelle®, which allow users to send and receive cash instantly using their linked bank accounts.

But whenever money changes hands, you can be sure a scammer is hoping to get in on the action. So, stay alert to the below crazy schemes designed to steal money from any of your preferred payment platforms or methods.

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A Letter From Our CEO: Summer 2021 Updates

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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