Day Air Credit Union provides over $5.3 million in direct financial benefit to members in 2019
KETTERING, OH (May 20, 2020) — Day Air Credit Union, the largest financial institution headquartered in Montgomery County, is proud to announce they provided $5,367,579 indirect financial benefit to their members in 2019. Compared to area and national financial institutions Day Air households kept an extra $254 in their wallets in the twelve months ending in September 2019, according to a recent Datatrac report.
Day Air is among the top-performing credit unions in the state, as such, it outperformed the average savings provided by all Ohio credit unions of $166 per member household. Combined all Ohio credit unions provided $236,658,278 indirect financial benefit compared to other financial institutions between June 2018 and June 2019, according to a report by the Credit Union National Association (CUNA) and Datatrac.
“Day Air is focused on putting people before profits and providing a better banking experience,” said Day Air President and CEO Bill Burke. “This report demonstrates how our focus on doing what is right for members results in greater financial benefits and making life more affordable for Daytonians.”
Day Air Credit Union is member-owned and democratic, focused on creating value for members. As a result Day Air members often enjoy fewer fees and better service. Day Air also tends to offer lower average interest rates on personal unsecured loans, fixed-rate first mortgages, home equity loans and new and used car loans. One example cited in the report shows that financing a new $25,000 automobile for 60 months at a typical Ohio credit union would save borrowers an average of $545 over the life of the loan.
To learn more about Day Air’s Annual Member Savings visit dayair.org/membersavings.
About Day Air Credit Union
Established in 1945, it proudly serves businesses and residents of the Miami Valley in southwest Ohio. Day Air is a not-for-profit, full-service financial cooperative with over $830 million in assets and over 51,000 members. Credit Union members have access to over 30,000 surcharge-free ATMs and more than 5,900 shared branches nationwide. Membership is open to
people living, working, worshiping, or attending school in the Miami Valley. Visit dayair.org for more information.
About Datatrac
For over 25 years, Datatrac has monitored interest rates on virtually every financial institution in America including 236,934 banking locations nationwide. More than 5,000 banks, credit unions, and government agencies have relied upon Datatrac for independent and accurate interest rate information updated daily.
