Appointments  |  Rates  |  Locations  |  Chat  |  JOIN NOW

Do you remember where you were ten years ago? Do you recall how much money you lost in a single week? Do you recall the origin of the phrases “banksters”, “it’s different this time”, and “too big to fail”? Do you still do business with the big banks who were instrumental in causing the recession?

The Great Recession began in December 2007 and didn’t end until June 2009. It was the longest recession since World War II and millions of people lost their jobs, their homes and their retirement funds. After many years of Wall St. banks making mortgages to people who couldn’t possibly pay their loans back, the dominoes started to fall in 2008. Bear Stearns failed in March and the federal government took over Fannie Mae and Freddie Mac in September. Lehman went bankrupt and the giant insurance company AIG failed that month.

President Bush authorized the Troubled Asset Relief Program (TARP) on October 3, 2008. Over $700 billion was authorized to bail out the big banks. The stock market fell from a high of 14,164 in October 2007 to a low of 6,457 in March 2009. Exactly ten years ago this week (the week of October 6, 2008) the Dow fell by 18% (1,874 points).

The banks stopped lending, cutting off credit to millions of households and small businesses. These same banks (the ones that survived, anyway) are doing just fine ten years later. While it took many years for consumers and small business to recover from the recession, the too big to fail banksters doing incredibly well.

As we pass the ten year anniversary of that horrible economic event, it’s instructive to consider banking options. You can continue to patronize banks, all of whom are headquartered out of town (with just a few community bank exceptions) or you can turn to a credit union.

Credit unions are not-for-profit, cooperatively owned by financial institutions focused solely on the best interests of member-customers. As a tax-exempt option, Congress designed credit unions to serve a defined group of people (such as anyone living in the Dayton area) and to be contra-cyclical; a safe port in a storm affecting for-profit banks. When all the banks stopped lending during the Great Recession, credit unions kept serving member needs as always. Day Air Credit Union continued making loans to members when banks wouldn’t, and our loan portfolio increases year in and year out.

Day Air is headquartered here in the Miami Valley. We’re Dayton based people serving other Dayton based people. All money placed on deposit at Day Air is lent back out to our friends and neighbors in the Miami Valley. And yes, if you live or work in the Dayton area, Day Air Credit Union is for you. The choice is simple – do business with an out of town bank that required a big bailout ten years ago, or with a community oriented credit union focused on enhancing your financial well-being.




Checking Accounts

Premium Perks

Freedom Checking

CashBack Checking

Direct Deposit


Savings Accounts

Savings Accounts

Super Saver

Money Market





Debit Card

Low Rate Credit Card

Rewards Credit Card

CU Rewards

Card Controls


Mobile Deposit

Online Banking

Pay Someone


Compare Rates

Vehicle Loans

Auto Loans

Refinance Your Car

Motorcycle & Jet Ski Loans

Boat & RV Loans

Mortgage & Home Loans


Refinance Your House

Home Equity Loans

Construction Loans


Personal Loans


StretchPay Loans

Student Loans

Credit Cards


Apply for a Loan

Pay a Loan

Online Bill Pay

Chat With Us

Financial Planning



Estate Planning

401(k) Rollover

Retirement Planning

Day Air Insurance

Auto Insurance

Home Insurance

Identity Theft Protection

Life Insurance

More Products & Services


Financial Counseling

Credit Reports

Reorder Checks


Online Banking

Online Banking

Online Bill Pay

Login to Online Banking

Mobile Banking

Mobile Banking

Mobile Deposit

Pay Someone

Text Banking


Apply for a Loan

Pay a Loan


Mobile Pay

Chat With Us


Business Checking

Business Savings

Business Certificates


Business Debit Card

Business Credit Card


Commercial Loans

Term Loans

PPP Loans

Line of Credit


Business Bill Pay


Online Business Banking

Login to Business Banking

Login to PIB MLO

Business Banking App

Join Day Air

Why Choose Day Air

Membership Eligibility

Annual Member Savings

Compare Rates

Join Day Air


Community Involvement

Financial Education

Dayton VA Medical Center

Dayton Dragons

Contests & Sweepstakes


Press & News

Newsletters & Reports



Helpful Resources

ATTENTION: Members with AT&T Cellular Service may experience issues contacting Day Air via phone. Please text us at 937-643-2160 or use the chat feature below to contact us.