Logix Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by Credit Guide
Review based on 12 criteria Rating: 3.5 out of 5

2340 N Hollywood Way, Accounting Ma, Burbank, CA 91505-1124

Website

(800) 328-5328

Data Source: NCUA, December 31, 2016


Logix Federal Credit Union was founded in 1937. Headquartered in Burbank, California, Logix Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Logix Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Logix Federal Credit Union services 172,399 members through its 15 offices and branches and 583 full-time and 14 part-time employees. It has $4,787,262,438 of total assets and $779,552,112 of net worth. Based on its asset size and net worth ratio, Logix Federal Credit Union is classified as a Well Capitalized large credit union.

Logix Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Logix Federal Credit Union also provides an array of services to its members and local communities. Logix Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Logix Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in California and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of California
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.2500
0.1000
0.1200
Money Market
0.7000
0.1900
0.2500
Certificate Deplit
1.1500
0.5500
0.5800
IRA
0.3500
0.4500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of California
National Median Rates
Credit Cards
8.4900
10.0400
9.9900
Unsecured Line of Credits
15.9500
10.9900
10.9500
Short-term Small Amount
n/a
28.0000
25.0000
Student Loans
n/a
5.7500
6.0200
New Car Loans
1.4900
3.0000
3.3300
Used Car Loans
1.4900
3.7400
4.5000
1st Mortgage Real Estates
3.2500
4.0300
4.2500
Other Real Estates
4.2400
4.7400
4.7000

Logix Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Logix Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
No
View Account History
Yes
Yes

As a community financial institution, Logix Federal Credit Union actively involves in local communities by prliding services such as financial education, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Burbank
Main Office

2340 N Hollywood Way
Burbank, CA 91505-1124
Phone:800-328-5328

Chatsworth
10324 Mason Ave
Chatsworth, CA 91311
Phone:800-328-5328

Golden Valley
19085 Golden Valley Rd Unit 115
Canyon Country, CA 91387-1437
Phone:800-328-5328

Newbury Park
1005 Broadbeck Dr
Newbury Park, CA 91320
Phone:800-328-5328

Palmdale
1011 Lockheed Way Unit 12
Palmdale, CA 93550-3004
Phone:800-328-5328

Pasadena
180 S Lake Ave
Pasadena, CA 91101-2663
Phone:800-328-5328

Porter Ranch
19765 Rinaldi St
Porter Ranch, CA 91326-4246
Phone:866-788-5328

Simi Valley
153 Cochran St Ste 300
Simi Valley, CA 93065-6221
Phone:800-328-5328

Simi-tapo Canyon
2944 Tapo Canyon Rd Ste C
Simi Valley, CA 93063-0903
Phone:93063

Stevenson Ranch
25945 The Old Rd
Stevenson Ranch, CA 91381-1714
Phone:800-328-5328

Thousand Oaks
2060 E Avenida De Los Arboles Ste B
Thousand Oaks, CA 91362-1375
Phone:800-328-5328

Valencia Promenade
27051 Mcbean Pkwy Ste 111
Valencia, CA 91355
Phone:800-328-5328

Westlake Village
2820 Townsgate Rd Ste 120
Westlake Village, CA 91361-5830
Phone:800-328-5328

Woodland Hills
21520 Victory Blvd
Woodland Hills, CA 91367
Phone:800-328-5328

(818) 563-2927

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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