For starters, Logix is a not-for-profit cooperative, so earnings are returned to members through better rates, lower fees, improved services, and increased reserves to maintain unmatched financial strength. We really do want to earn your business! Please read on to learn more about how we set rates for some of our most popular accounts.
Savings and Money Market Accounts – These accounts are "liquid," which means your money is not locked in for a specific term and rates can change daily. We set rates by analyzing the competition and returns earned from lending and investment activities. Rates on liquid accounts and short-term Certificates generally move in relation to the short end of the U.S. Treasury "yield curve." We do not link our deposit rates to an index because that would prevent us from setting rates based on Logix earnings as well as local competition.
Certificate and IRA Accounts – Members may "lock in" a rate over your choice of terms, with higher rates offered for longer terms, jumbo balances and Platinum or Gold Relationship Rewards status.
Vehicle loans – Logix strives to offer some of the best vehicle financing rates available. We keep a close eye on the competition and offer discounts for good credit, automatic payment and Relationship Rewards.
Credit Cards and Home Equity Loans – Rates for these loans are variable and may change monthly in accordance with the U.S. Prime Rate index. Because home equity lines are secured by the equity in your home, rates are lower than those offered on credit cards. Logix offers an attractive mix of introductory rates, cash-back rewards points and special offers to return value to members. Please visit specific loan pages on our website for details.
Mortgages – Logix offers a variety of rate, term, down payment and pricing options for mortgage loans. Here too, we actively monitor the competition and strive to offer members the best combination of service and value. Visit Compare All Mortgages to learn more.
When you partner with Logix, you’re getting more than just a remarkable financial institution—you’re getting smarter banking. For us, that means delivering great financial offerings and outstanding service. More than 96% of our members say they would recommend us to their friends and family. There are Logix Credit Union branches throughout southern California (Burbank, Newbury Park, Palmdale, Pasadena, Santa Clarita/Golden Valley, Simi Valley, Stevenson Ranch, Valencia, Westlake Village, Woodland Hills) and brokerage/insurance services in Nashua, New Hampshire. Whether you’re looking for savings or checking accounts, home loans, vehicle loans, refinancing or maybe just a new credit card, we’ll work closely with you to make sure you have the best options for your needs. So, what are you waiting for? Open your account with Logix today and become part of the smarter banking revolution.
Looking to refinance or buy a new property? Logix has an ideal loan for every situation. Whether you need a jumbo mortgage for a big property, expanded approval for less-than-perfect credit or a low, 3% down payment, we can help. We even offer a Smart Choice Mortgage with a low rate and no closing costs.
Your home's equity is a valuable resource if you're looking for a flexible source of cash with a lower rates than credit cards or other types of loans. With a Logix home equity loan or line of credit, you can borrow up to 70% of your combined loan to value to an extremely affordable monthly payments at low interest rates.
Logix credit cards offer some of the best rates in the industry, plus no fees for cash advances. Our Platinum card offers 0% APR for 12 months and access to complimentary Platinum services. Or choose for the Platinum Rewards card and take advantage of one of the best credit card rewards programs around—you’ll earn one point for every dollar spent, and there’s no limit to the number of points you can earn.
Whether you’re buying a new car, a used car or recreational vehicle, we have a loan to meet your needs. With low loan rates, and the chance to take a 90 day break from payments, Logix can help you get your dream car without breaking the bank.
Logix offers a generous benefits package to support employee well-being and life-balance. We also find ways to celebrate and cultivate fun beyond the "cubicle" with our... Learn More