DAYTON, Ohio–DayMet Credit Union has provided $3,000 in grant money to members experiencing hardship as a result of the COVID-19 pandemic.
The credit union received a portion of this funding through a grant from the Ohio Credit Union Foundation. DayMet called on members impacted financially to submit an application for grocery, utility, or rent assistance.
“We received 128 applications in a 24-hour period,” said Jaime Crooks, VP of marketing. “We know that a large number of our members are experiencing hardship and our hearts go out to them. We wish we could assist every single one.”
DayMet issued 10 grants in increments of $250 or $500. Through the COVID-19 pandemic the credit union has processed more than 300 loan skip-a-payments and waived $14,000 in fees. In addition, low-rate member assistance loans were offered to members to bridge gaps in employment income.
“We are in a challenging time right now,” said President/CEO Steve Shore. “We want our members to know we are here to work with them and help them get through this.”