Act as a multiplier for good, sharing our success to improve the lives of members, employees, and neighbors to build stronger, more vibrant communities.Dow Credit Union's Service Commitment is to be our members' lifelong financial partner by building trusted relationships.
“Dow Men Organize New Credit Union for Money-Lending”
- Midland Daily News’ July 29, 1937
Dow Credit Union was the 182nd credit union organized in the State of Michigan.
In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit. Two Dow employees heard about the credit union movement and brought members of the Michigan Credit Union League to Midland. Representatives of labor and management heard the plan, liked it, and applied to the State Banking Department for a charter, which was granted July 28, 1937.
When Dow Credit Union began, membership was available to all employees of The Dow Chemical Company upon payment of a $0.25 membership fee. After joining, members could buy shares in the Credit Union for $5 each. The maximum loan granted without security was $50 and the maximum loan with security was $300. Interest rates were fixed at one percent a month on unpaid balances of any loan.
The first year of its inception, Dow Credit Union had 338 members and issued $4,990 in loans. By 1938, the assets reached $35,983. Dow Credit Union is proud to serve more than 74 thousand members and as of December 31, 2021 has over $2.1 billion in assets.
Our goal has always been to serve the members to the best of our abilities and provide them with the best value for their money. Every day, we continually strive to improve our level of service by keeping our common focus on the members. Thank you for your continued support of Dow Credit Union and for utilizing the many services we offer. Please look to us first for all of your financial needs as we continue to provide great value and pricing of our products and services. We look forward to serving you today, tomorrow, and for the years to come. Remember, Dow Credit Union is your Credit Union!
Hours and Locations
Holiday Hours (2024)
|New Year's Day Holiday
|Martin Luther King Jr. Day Weekend
|Martin Luther King Jr. Day
|Memorial Day Weekend
|Labor Day Weekend
|Day after Thanksgiving
|7:30 a.m. - 12:00 p.m. ET
|New Year's Eve
|7:30 a.m. - 12:00 p.m. ET
|New Year's Day (2025)
Scouts Partner with Dow Credit Union to Promote Financial Education
Off-Site Insights: Jambalaya and Jazz Returns
United Ways Multiply Good in Bay Region
Midland's Best Credit Union Wins Again
Dow Credit Union Holds Third Opening Ceremony in 86-Year History
Three-Month Special CD Earns Media Endorsements
Sent in Solidarity: Dow Credit Union Delivers Roses to Healthcare Centers
Dow Credit Union Sponsors Scouts' Merit Badge College
CU in the Community: Positivity Bench Provides Safe Space at Legacy Center
Dow Credit Union Presents 2023’s "Dine & Unwind" with CAN Council
Dow Credit Union Observes CU Kind Day With Month of Service
CU in the Community: A Review of “Holst’s The Planets, Live in Motion”
When is a child ready for an account of their own? Part I
Saginaw Branch Reports $3.4 Million in Deposits After Grand Opening Week
Grand Opening Festivities Held at Saginaw Branch
Midland Branch Holds Neighboring Week Postcard Contest
Dow Credit Union Sponsors Breakfast for Local Scouts
"Reality Store" Promotes Financial Literacy at Jefferson Middle School
Consumer Lending Department Helps to "Stuff the Bus"
Saginaw Township PD Receives Donation at National Night Out
Interested in helping making Dow Credit Union great?
Dow Credit Union believes that diversity, equity and inclusion are essential to a robust and thriving financial institution. As a membership organization with a global reach, Dow Credit Union is committed to promoting a culture that includes, encourages, supports and celebrates diverse voices and reflects the communities it serves.
Security, Policies, & Disclosures
Dow Credit Union recognizes that the security and privacy of our members is extremely important, which is why we have a variety of standards and procedures in place to protect our members.
Third-Party Link Disclosure
Please be aware that our website links to other sites which are not responsible for.