Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Ohio's Day Air CU Launches Insurance Services
KETTERING, Ohio (12/5/13)--In order to better match products to its loan offerings, Day Air CU established a new agency to provide insurance to members and the local community.
 
Day Air Insurance LLC opened at the end of November and sells home, auto, renter and business insurance from 12 carriers (Dayton Daily News Dec. 4).
 
The credit union's president/CEO, Bill Burke, said that it was a natural fit to add the services.
 
"We make loans of all types, but we really make an awful lot of consumer automobile loans. We make an awful lot of mortgage loans," he told the Dayton Daily News. These type of loans require insurance, and the new venture provides an easy avenue for the credit union's members to acquire it.
 
Burke said the $273 million-asset credit union is on pace to end 2013 with a 12% growth in loan balances over 2012, noting "2013 is going to be yet again another record year for the credit union."


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
20 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
1 Day ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
1 Day ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
1 Day ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
1 Day ago