This credit union is Federally insured by the National Credit Union Administration.

 

 

 

 

 

 

 

   


FirstDay and River Valley Credit Union Merge

Miamisburg, OH (April 1, 2014) --- River Valley Credit Union is pleased to announce that it has merged with FirstDay Federal Credit Union of Dayton, Ohio, effective today. This strategic merger, recommended by both Boards of Directors, will expand the River Valley footprint to the north and provide the 28,000 combined membership with eight convenient branch locations. Total assets after the merger top $310 million, making River Valley the third largest credit union in the Greater Miami Valley Region.

“This union of two strong financial institutions fits perfectly with our long term strategic plan that includes achieving economies of scale through controlled, profitable growth,” according to John E. Bowen, CEO & President of River Valley Credit Union. “By combining the talent of both organizations, River Valley Credit Union will be poised for success well into the future, allowing for continued growth and opportunities afforded larger institutions.”

Lee Spivey, former CEO & President of FirstDay Federal Credit Union, concurred that this will be a good fit for both credit unions. “After months of careful analysis and due diligence, both boards have agreed that this will help prepare the larger River Valley for the future and its continued ability to bring a complete portfolio of innovative financial products and exceptional service to its current and future membership.” Spivey will now serve as Senior Vice President of Risk Management for the newly combined cooperative. Through this merger, all employees of both organizations will continue employment under the new River Valley Credit Union umbrella.

The combined community-based credit union will now serve seven (7) counties of Ohio: Butler, Clark, Greene, Miami, Montgomery, Preble and Warren.

For the initial period, the two credit unions will continue to operate separately until all systems and processes are fully combined, projected to occur later this year. Both credit unions are members of the Shared Branching Network, so teller transactions are immediately available at all 8 branch locations for all members.

River Valley Credit Union will continue to be federally insured by the National Credit Union Administration (NCUA) Insurance fund.

FirstDay Federal Credit Union was founded in 1935 as the Dayton Area Teachers Federal Credit Union to serve educators in and around the Dayton area Public School District. The five offices have 37 employees that serve over 8,000 members.

  •  DAYTON Corporate Headquarters
  • DAYTON near Downtown
  • KETTERING at Town & Country
  • HUBER HEIGHTS near Chambersburg Road
  • TROTWOOD near Hara Arena

 River Valley Credit Union was founded in 1948 as Daymon Federal Credit Union to serve “The Mound” employees of Monsanto in Miamisburg, Ohio. Currently, five offices employ 64 and serve over 20,000 members.

  •  MIAMISBURG Corporate Headquarters
  • WEST CARROLLTON near Dayton Mall
  • BEAVERCREEK near The Greene
  • SPRINGBORO Route 73 @ 741
  • MIDDLETOWN across from Jacot Park

 505 Earl Boulevard • Miamisburg, OH 45342 • 1-800-798-0217www.rivervalleycu.org

Combined Statement of Financial Condition

It has come to our attention that the Combined Statement of Financial Condition was omitted from a ballot that was mailed to members recently. You can find a copy of that statement here.

Important information pertaining to Excess Share Insurance

Effective March 31, 2014, the excess deposit insurance provided by Excess Share Insurance Corporation will no longer be available. Please read the letter from former FirstDay Federal Credit Union CEO and President Lee Spivey and the brochure from the National Credit Union Administration.

 

Heartbleed Bug Security Notice. FirstDay's systems are not affected by the recently discovered security flaw called the Heartbleed Bug. To learn more, visit our security resources page.

Debit Card Phone Scam. A phone scam is currently occurring whereby customers receive phone calls stating that their debit cards have been deactivated.

If you receive a call such as this, please do not share your debit card or personal information or comply with any of the caller’s requests.

Learn More Here

FREE financial education and counseling! GreenPath is a great program for members. Learn More

Online banking allows you to check balances, transfer funds, pay bills, re-order checks and more. Learn More

Keep Up to Date on Internet Scams Review our Security Resources section

FirstDay is now part of the Shared Branching Network, giving you access to thousands of partner credit union branches around the country. Click Here For More

Mobile Banking has arrived at FirstDay! Now you have easy access to your FirstDay accounts anywhere, anytime. All you need is an Internet-capable cell phone. Find out more here.

US Auto makers provide special discounts to Credit Union Members. Click Here For More

 

 

 

 

 

 

   

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FirstDay Federal Credit Union, Dayton, Ohio