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Home and Auto Insurance offered by Logix Insurance Services, CA Ins. Lic. No. 0D64827
27 Month “Bump” Certificate – A minimum $2,500.00 deposit is required to open and maintain the certificate and avoid account closure. The certificate term is 27 months. The advertised 2.50% APY assumes dividends remain on deposit until maturity. A withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. At maturity the certificate will automatically renew as a standard (non-Promo) Logix 24-month certificate at the dividend rate and APY then in effect. The 27-Month Promo Certificate cannot be opened as an IRA and is not available for business accounts.
How the Rate Bump can Occur: If the 2-Year Treasury Constant Maturities Yield is 3.000% or greater on the first business day of any month during the term of the Certificate, we will automatically increase (bump up) the Annual Percentage Yield (APY) on the Certificate by 0.25% and the Certificate will earn at 2.75% APY for the remaining term. The 2.75% APY increase is not guaranteed and is dependent solely on the performance of the 2-Year Treasury Constant Maturities Yield during the term of the certificate. Only one rate increase (bump) is permitted. APY = Annual Percentage Yield. The Logix 2.50% APY 27- Month Bump Rate Promo Certificate is available for a limited time only and may be discontinued at any time. Logix membership required.
**Logix Money Market Account: Minimum opening deposit is $2,500.00. Minimum balance required to earn 1.75% APY (Annual Percentage Yield) is $100,000.00. The Logix Money Market Account is a tier-rate account and the APY for each balance tier is: 1.75% APY on $100,000.00 and Over; 0.90% APY on $50,000.00 - $99,999.99; 0.80% APY on $25,000.00 - $49,999.99; 0.70% on $10,000.00 - $24,999.99; 0.60% APY on $7,500.00 - $9,999.99; 0.50% APY on $2,500.00 - $7,499.99; and 0.50% APY on $ .01 - $2,499.99. The APY for each balance tier is variable and is subject to change. Fees may reduce earnings. APYs are accurate as of 8/22/18 and are subject to change.
Yes, you can love your bank! Here’s what folks are saying on YELP:
"Happy camper Logix customer here - what a refreshing difference from the big banks nose-in-air attitudes!"