If you put in more, you should get more, right?
Well,
that’s how our Money Market Accounts work.
Discover how Logix outperforms competitors.
Rate comparison source: Informa Research Services, Inc. as of . Rate information from other financial institutions is deemed accurate but is not guaranteed.
Estimated Earnings
Your deposits are federally insured up to $250,000 by the National Credit Union Administration. We've maintained a perfect record of positive earnings since 1937 and hold a 5-Star rating for financial strength from Bauer Financial.
- Logix is ranked in the 99th percentile for member value among credit unions nationally.
- Logix is the highest scored credit union in California.
- Logix charges 18.8% fewer fees than the credit union average.*
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Logix is one of the safest places for your money.
Excellent Liquidity
Logix has more than $7.4 billion in stable,
well-diversified deposits, along with $3.1 billion in unused borrowing capacity at the Federal Home
Loan Bank and Federal Reserve Bank.
Conservative Investments & Strong Balance Sheet
Logix maintains conservative
investment and balance sheet management practices. We have no exposure to recently failed banks or
cryptocurrency assets.
Strong Capital Position
Our net worth (or capital) is 13.2% of assets, well
above the 7% threshold our regulators, NCUA, require to be well-capitalized, and significantly above
the bank average of 9.0%.
*Certain types of electronic withdrawals and transfers are limited to a combined total of six per month.
**Logix Money Market Account: Minimum opening deposit is $2,500.00. Minimum balance required to earn APY (Annual Percentage Yield) is $500,000.00. The Logix Money Market Account is a tier-rate account and the APY for each balance tier is: APY on $500,000.00 and Over; APY on $250,000 - $499,999; APY on $100,000 - $249,999; APY on $50,000.00 - $99,999.99; APY on $25,000.00 - $49,999.99; APY on $10,000.00 - $24,999.99; APY on $7,500.00 - $9,999.99; APY on $2,500 - $7,499.99 and APY on $ .01 - $2,499.99. The APY for each balance tier is variable and is subject to change after the account is opened. A $2,500 average balance is required to avoid a monthly low balance fee. Fees may reduce earnings. Rates are effective as of and are subject to change after the account is opened. The advertised APY does not apply to Business Money Market Accounts opened after 5/17/17.
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