Logix Federal Credit Union

Headquarters

27918 Franklin Pkwy
Valencia, CA 91355
See all branch locations →

Phone 1-818-565-2020

Notable Rates APY Vs.Others
Savings 0.25% 5.55% →
1-Year CD 4.40% 5.60% →
2-Year CD 4.00% 4.90% →
5-Year CD 4.00% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage 7.26% 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Logix is an NCUA insured institution located in Valencia, CA. It was founded in 1937 and has approximately $9587.74 millions in assets.

Who can join?

Employees who work for one of the financial institution’s Sponsor Companies
Family members of current Logix members
Members of the American Consumer Council

NCUA Insured Yes / Federally Chartered
Charter Number # # 1999
Date Established 1937
Assets $9,587.74 million
Loans $7,819.66 million
Deposits $7,345.01 million
Capital $1,320.35 million
 

Field of Membership Restrictions

Membership is open to residents of Arizona, California, the District of Columbia, Massachusetts, Maryland, Maine, New Hampshire, Nevada, and Virginia. (membership requirements listed in the credit union's online application).

Deposit Rates - April 24, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.25% $2,500 $7,999 Learn More
Main
0.25% $10,000 $7,499 Learn More
Main
0.25% $25,000 - Learn More
Money Market
0.80% $2,500 $7,499 Learn More
Money Market
0.90% $10,000 $24,999 Learn More
Money Market
1.80% $100,000 $249,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
2.10% $1,000 - Learn More
6 Mo CD
1.45% $100,000 - Learn More
7 Month Promo
4.70% $5,000 - Learn More
12 Mo CD
3.40% $1,000 - Learn More
12 Month Bump Rate
4.40% $5,000 - Learn More
12 Mo CD
3.50% $100,000 - Learn More
13 Month Promo
4.75% $1,000 - Learn More
18 Mo CD
2.45% $1,000 - Learn More
18 Mo CD
2.55% $100,000 - Learn More
24 Mo CD
4.00% $1,000 - Learn More
24 Mo CD
4.00% $100,000 - Learn More
36 Mo CD
2.40% $1,000 - Learn More
36 Mo CD
2.50% $100,000 - Learn More
48 Mo CD
2.55% $1,000 - Learn More
48 Mo CD
2.65% $100,000 - Learn More
60 Mo CD
3.50% $1,000 - Learn More
60 Mo CD
4.00% $100,000 - Learn More
Variable IRA Rates APY MIN MAX
VIRA
0.25% $1 $2,499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
INTCK
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 24, 2024

Your Current Location: Ohio, OH 43085

Auto Loan Rates APR Rate Monthly Payment
3 Year 4.49% 4.49% $743.56
4 Year 4.99% 4.99% $575.62
5 Year 5.24% 5.24% $474.53
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Below are Logix branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives

LOGIX is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Logix Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Logix. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Logix U.S. Average
5.24% 6.97

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2023, Logix had $72,768,740 in non-current loans and $623,354 in owned assets. To cover these potential losses it had $1,320,348,683 in net worth and $79,901,811 in loans loss reserves. That gives it a Texas Ratio of 5.24%.

Net Worth
Logix U.S. Average
13.77% 13.62%

Logix FCU has a net worth of 13.77% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Logix

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