CREDIT UNION SERVICES

• Direct Deposit
• Payroll Deduction
• Money Orders
• Excess Share Insurance
• Notary Public and Signature Guarantee
• Wire Transfers
• Gift Cards
• TDD Phone Services
• Safe Deposit Boxes
• Savings Bonds
  

Direct Deposit
This is an extremely convenient method of depositing your paycheck into your Day Air account(s)! There's no need for you to have to come into our office on payday. There's no worry that you won't get here before we close.

You can have your entire paycheck, government check, and/or retirement check deposited directly into your Day Air account. You will have instant access to your funds on payday via an ATM, your ATM/Visa® Check Card, or our most convenient access points: Telephone Teller, PCU, and Bill Payer.

Don't worry about stopping by our office to deposit/cash your check, don't fight traffic or waste time waiting in line - simply use direct deposit and have it done electronically to save all the hassle. To attain a direct deposit form, please contact your payroll/benefits department.

Payroll Deduction
What an easy way to save money! With payroll deduction, you have the ability to deduct the amount you determine into any of your accounts such as: savings, checking or club account.

Also, you can use this method to direct a portion of your pay into IRA's, other family members accounts (i.e. a child's CU Saver account) or even make a recurring Day Air loan payment. If you would like to initiate or change a current payroll deduction, you may use the Payroll Deduction Form or contact us for more information.

Money Orders
Money orders are available to members for $2.50 each. Each Money Order can be made out for a maximum amount of $1,000.

Excess Share Insurance
We are pleased to inform you that your savings in this credit union are insured up to $500,000. This exceptional level of coverage is attained through a combination of our federal insurance provided by the National Credit Union Administration (NCUA) - for $250,000, and private insurance by the Excess Share Insurance (ESI) Corporation - for $250.000. For more information about Excess Share Insurance, please view our ESI online brochure or contact us.

Notary Public and Signature Guarantee
These services are available at no charge to Day Air members.

Wire Transfers
Day Air offers both domestic and International outgoing wire transfers and also accepts both domestic and International incoming wire transfers. The fees for this service are extremely competitive.

Gift Cards
Day Air VISA Gift Cards are available at any Branch or by ordering online from as little as $20 up to $500.  The Credit Union Gift Card is accepted most everywhere VISA Debit/Credit is accepted.  Unlike cash or checks, if the Credit Union Gift Card is lost or stolen, it can be replaced quickly for the unspent amount.

TDD Phone Services
Assistance for the hearing impaired please call (937) 643-2097

Safe Deposit Boxes
Protect your valuables from floods, fire, tornadoes or any of Mother Nature's other natural catastrophes with a safe deposit box from Day Air.

A safe deposit box is an ideal place to store personal property that is important or expensive and difficult or impossible to replace. We can provide you with an opportunity to store these items and provide you with a sense of financial and personal security. However, as with all safe deposit boxes, they are not insured by the credit union. You can purchased this insurance through your personal agent.

What should typically go into a safe deposit box? Experts say originals or even copies of documents, including: Birth certificates, adoption papers, deeds to property, mortgage notes, marriage licenses and divorce decrees, military discharge records, Social Security cards, stock certificates (if your broker doesn't keep them for you), automobile titles, and important computer disks. Other precious items might include rare photos, baby mementos, old love letters and other sentimental items stashed away for future generations.

What shouldn't be tucked away in a deposit box? Anything you might need in an emergency, in case we are closed for the night, the weekend or a holiday. Examples include: Originals of a power of attorney - your written authorization for another person to transact business on your behalf, passports (in case of an emergency trip), medical care directives if you become ill and incapacitated, funeral or burial instructions.

Although the above lists are not all inclusive, they should be helpful in determining a need for a safe deposit box.

All rates* are reflected as an annual rate.

3 x 5 3 x 10 5 x 10 10 x 10

$ 30.00 $ 50.00 $ 70.00 $ 100.00

Reserve your Safe Deposit Box today!

*Sales tax of 7.50% will be added to the annual rate.

Savings Bonds
The minimum holding period has increased from 6 months to 12 months for Series EE and I U.S. Savings Bonds with issue dates of February 2003, and after. This means Series EE and I Savings Bonds with February 2003, and later, issue dates cannot be redeemed until they are at least 12 months old. In addition, they must also be 12 months old to be eligible for exchange to HH Bonds.

U.S. Savings Bonds are a safe, easy way to save money and a solid addition to your investment portfolio. Over 55 million people are taking advantage of Savings Bonds' competitive rates. Whether you select Treasury's I Bond or the Series EE Bond, your money is guaranteed to grow and remain safe into the future.

Here are some great reasons to think about saving money with U.S. Savings Bonds.

• Competitive - U.S. Savings Bonds earn competitive rates of return compared to other forms of saving. Interest on Savings Bonds accrues monthly and compounds semiannually.
• Safe - Savings Bonds are backed by the full faith and credit of the United States. Your Savings Bonds are registered, so the Treasury can replace them if they're lost, mutilated, or stolen.
• Affordable - For as little as $25, you can start saving money with U.S. Savings Bonds. From there, you can purchase as much as $15,000 worth of Series EE Bonds and $30,000 of I Bonds each year.
• Convenient - Buy (and redeem) Savings Bonds at all Day Air Credit Union locations.
• Accessible - Savings Bonds are easily redeemable, so if you need money unexpectedly, it's right there for you. The longer you let your bonds grow, the more you benefit, yet you can redeem them any time after six months.* (*If redeemed before 5 years, there is a 3-month loss of interest.)
• Tax Benefits - The interest earned on Savings Bonds is exempt from all state and local income taxes. Federal income taxes are deferred until the bonds reach final maturity, or you redeem them, whichever is first. If you qualify, using Savings Bonds to pay for qualified higher education expenses may allow you to exclude your earning from federal income taxes as well.

I Bonds

• Sold at face value.
• Offer a real rate of return over and above inflation.
• Buy as much as $30,000 per year.
• New rates announce each May 1st and November 1st. This inflation adjustment ensures that your savings earn money over and above inflation.
• Earn interest for up to 30 years.
• Can be redeemed anytime after six months.* (*If redeemed before 5 years, there is a 3-month loss of interest.)
• Exempt from state and local income taxes.
• Backed by the full faith and credit of the United States.
• Available in the following denominations: $50, $75, $100, $200, $500, $1,000, $5,000, $10,000.

Series EE Bonds

• Sold at half their face value. (You pay $25 for a $50 bond.)
• Earn rates based on five-year Treasury securities.
• Buy as much as $15,000 per year.
• New rates announced each May 1st and November 1st. This rate adjustment ensures that your savings always tracks the Treasury bond market.
• Earn interest for up to 30 years. You can delay the tax consequences by exchanging them for Series HH Savings Bonds for up to 20 years.* (*If redeemed before 5 years, there is a 3-month loss of interest.)
• Can be redeemed anytime after six months.* (*If redeemed before 5 years, there is a 3-month loss of interest.)
• Exempt from state and local income taxes.
• Backed by the full faith and credit of the United States.
• Available in the following denominations: $50, $75, $100, $200, $500, $1,000, $5,000, $10,000.

Click here for more information about savings bonds!