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Overview
Logix is a member-owned bank where customers become part-owners when they open an account. 100% of profits are returned to members as lower fees, better rates, improved services, and higher reserves to maintain financial strength. This ownership model aims to align the bank’s success with its customers, making Logix feel like a community-owned financial institution. The company distinguishes itself with a high level of personalized service (80% of calls answered by a live agent, concierge desks in branches, and free gourmet coffee), a long track record of stability (no bailout funds and no losses in 80 years), and strong member advocacy (over 96% would recommend Logix). Its goal is to offer smarter banking through ownership-based benefits, reliable service, and financial resilience that benefits its members directly.
About Logix
Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Burbank, California
Founded
1937
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Simplify's Take
What believers are saying
- June 2026 Forbes recognition strengthens trust with Southern California members.
- Quinte CaseHUB should reduce fraud losses and speed investigations in 2026.
- Chris Mackintosh's COO leadership supports tighter operations and service execution.
What critics are saying
- Logix sued Osaic and ex-advisors in August 2025 over client theft allegations.
- That lawsuit ties sales staff retention to confidential-data controls through 2026.
- A consumer dispute and public litigation increase reputational risk during member acquisition.
What makes Logix unique
- Logix won Forbes Best-In-State Credit Union 2026, its sixth recognition.
- Logix built fraud visibility with Quinte CaseHUB in June 2026.
- Logix markets member-facing programs like Smarter Banking at Work and Home Rewards.
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Company News
Registration is now open for Senior Concerns' fifth annual "Par and Away" Golf Tournament. * Registration is now open for Senior Concerns' fifth annual "Par and Away" Golf Tournament. * * Share: All News Releases September 22, 2026 THOUSAND OAKS, Calif. - Registration is now open for Senior Concerns' fifth annual "Par and Away" Golf Tournament, presented by Logix Federal Credit Union, on Tuesday, Nov. 17, at the Moorpark Country Club in Moorpark. Participants will enjoy breakfast, a Bloody Mary bar, a boxed lunch, golfer gift bags, hosted on-course surprises, snacks and beverages, and a celebratory 19th hole reception and awards dinner beginning at 3 p.m. The evening will also include silent and live auctions led by celebrity auctioneer Zack Krone. Reception-only tickets are available for non-golfers. The annual fundraiser brings golfers, businesses and community supporters together to help fund Senior Concerns' programs serving more than 13,000 older adults and family caregivers throughout eastern Ventura and western Los Angeles counties. This year's tournament comes as the organization is experiencing a significant increase in requests for assistance. "The need in our community is growing at a pace we haven't seen before," said Andrea Gallagher, president and CEO of Senior Concerns. "We used to receive one or two inquiries a week about Meals On Wheels. Now we're receiving 10 to 12. At the same time, more older adults and family caregivers are reaching out to our case workers for guidance, resources and support. The funds raised through events like Par and Away help us respond when our neighbors need us most." Proceeds support Senior Concerns' programs for older adults and family caregivers, including Meals On Wheels, the Adult Day Program, Caregiver Support Center, Senior Advocacy and other services designed to help people remain supported, connected and as independent as possible. "Par and Away is a wonderful example of our community coming together and having a great time while making a meaningful impact," Gallagher said. "Every golfer, sponsor, auction donor, volunteer and guest helps ensure older adults and family caregivers have somewhere to turn when they need a meal, guidance, respite or simply someone to help them navigate what comes next." Tournament schedule * 8 a.m. - Registration, golfer gift bag pickup and breakfast; Bloody Mary bar; putting contest. * 10 a.m. - Shotgun start, scramble format with on-course lunch, snacks, beverages, and contests. * 3:00 p.m. - 19th Hole Reception & Awards Dinner; silent & live auctions led by celebrity auctioneer Zack Krone. How to participate: Register for individual play, twosomes, foursomes, or reception-only tickets at https://bit.ly/seniorconcernsgolf. Early registration is encouraged; space is limited. Additional ways to support: Senior Concerns is seeking donations for the tournament's live and silent auctions, items for 200 golfer gift bags and volunteers to help make the event a success. For information, contact Genevieve Santos, development and events coordinator at 805-497-0189 or [email protected]. Sponsorships: Opportunities are available for individuals, corporations, and foundations. For information, contact Julie Harvey, director of development, at 805-497-0189 or [email protected]. ### Senior Concerns Since 1975, Senior Concerns, a 501(c)(3) nonprofit organization, has been a lifeline for over 13,000 seniors and family caregivers annually in Eastern Ventura and Western Los Angeles counties, providing life-affirming programs and services to improve their health, well-being, and quality of life. Senior Concerns provides vital programs such as Meals on Wheels/Home Delivered Meal program addressing food insecurity with over 6,600 meals each month, an Adult Day Center for seniors with cognitive or physical impairment, a Caregiver Support Center, Senior Advocacy Services, In-Home Geriatric Assessments, Pro Bono Legal and Financial Services, and Educational Seminars. For more information, contact Julie Harvey at (805) 497-0189 or [email protected] or visit https://www.seniorconcerns.org/. Contact: Julie Harvey, Director of Development [email protected], (805) 497-0189
THOUSAND OAKS - Senior Concerns is calling on community members to volunteer for the 31st Annual Love Run, presented by Logix Federal Credit Union, which will take place on Sunday, June 1, in Westlake Village.
Critics of the Consumer Financial Protection Bureau (CFPB) said Wednesday (March 26) at a Capitol Hill hearing that the agency needs a restructuring, and has engaged in what they call “regulatory overreach” that merits a revisiting of its funding structure as well. The hearing, before the House Subcommittee on Financial Institutions, was titled “A New Era for the CFPB: Balancing Power and Reprioritizing Consumer Protections.”. In his opening remarks, Rep. Andy Barr, R-Ky., chair of the subcommittee, stated that “nowhere has overregulation and overreach” been as sharply in evidence at the CFPB. He heralded the present era, under the new administration, where “those in charge prioritize administrative law over regulation by enforcement, avoiding extortionary civil investigative demands (or CIDs).” Barr underscored legislation he’s recently introduced to restructure the CFPB, including the TABS Act, which would shift the funding structure to the congressional appropriations process
Chris Mackintosh joins Logix as Chief Operating Officer.
Logix has been named one of the best credit unions in California by Forbes for four years.
Logix is Hiring for 63 Jobs on Simplify!
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About Logix
Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Burbank, California
Founded
1937
Logix is Hiring for 63 Jobs on Simplify!
Find jobs on Simplify and start your career today