Kettering, Ohio, May 20, 2020 – Day Air Credit Union, the largest financial institution headquartered in Montgomery County, is proud to announce they provided $5,367,579 in direct 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 in direct 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.