Infographic - How a Loyalty Dividend Works
Credit unions offer many of the same financial services you'd find at a bank, but they have one key difference: when you open an account, you become an owner.
Here's how it works:
1: Logix is a not-for-profit, member-owned cooperative financial institution. So...
2: Any profit is returned to members in the form of better rates, fewer fees, quality staff, improved technology, financial strength, dividends, etc. So...
3: Members dig this. They tell their friends and family, who also bring accounts here. So...
4: We are profitable. We have turned a profit in each of our 77 years. But we don't send it to stockholders or risk it and investments because...
5: See bullet #1.