At the start of 2012, Day Air Credit Union said it set a goal tofund and grow the community by $100 million in loans.
|The Kettering, Ohio-based cooperative is celebrating not justmeeting that goal but exceeding it.
|Day Air said it provided more than $105 million in loans lastyear. That's 3,590 new vehicles, 548 new homes, 185 smallbusinesses growing and 417 students going to college, according tothe $268 million credit union.
|“Being a financial cooperative, we are built around meeting theneeds of our members and community, not maximizing profit.” saidWilliam Burke, president/CEO of Day Air. “We live by thephilosophy of people helping people and are here to serve thecommunity. We look forward to a successful 2013 for all of ourmembers and members yet to be.”
|When the economy took a dip in 2008, many banks pulled back onlending if not stopping altogether, the credit union said. DayAir said it wanted to fill a need in the community by helping itsmembers buy their first home, fund their children's braces, get anew fuel efficient car or buy an engagement ring.
|Serving nine counties, the credit union said it has millions tolend and is ready to help grow its local economy even more in2013.
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