More than 96% of our members say they would recommend us to their friends and 65% of our new business is referred. Thank you to our amazing members for referring Logix Federal Credit Union to your friends and family, and voting us as your favorite credit union year after year.
Logix has more than 200,000 members and over $9.7 billion in assets. We are recognized as one of the largest, most reliable, and safest credit unions in the nation, earning a five-star rating from Bauer Financial for financial strength and safety. Deposits held at the credit union are federally insured up to $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency.
Logix is a not-for-profit credit union headquartered in Santa Clarita, California. We have 18 branches located throughout Los Angeles and Ventura counties which provide members with banking, auto loan, business account, and financial services. Members have access to over 30,000 surcharge-free CO-OP ATMs and a nationwide network of shared branches.
Logix is different from the traditional big banks. Our customers become members and part-owners of the credit union. Logix returns 100% of its profits to our members in the form of better rates, lower fees, improved services, and increasing reserves to maintain its unmatched financial strength.
- Savings: The Return to Savers component of ROM assesses how well a credit union is providing deposit services to members. This includes features such as dividends paid, changes in share balance, and the number of share accounts per member.
- Lending: The Return to Borrowers component of ROM evaluates loan rates, determining that the credit union being assessed is providing credit at a reasonable cost to members. Lower rates are rewarded. A credit union's growth in lending, product variety, and loan servicing portfolio are also considered.
- Usage: The Member Service Usage component of ROM measures whether members are using the credit union as their primary financial institution. This is determined by the number of core accounts held by the institution, penetration rates, as well as employee measures including productivity and revenue generated per dollar of salary and benefit.
Logix Federal Credit Union is not affiliated with any outside sources, and is a separate entity.