About

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Our Mission

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 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

Midland Branch

Hours

Lobby:

Monday - Friday: 7:30 a.m. - 5:30 p.m. ET*

Drive Thru:

Monday - Friday: 7:30 a.m. - 5:30 p.m. ET*

Saturday: 9:00 a.m. - 1:00 p.m. ET*

* See the Holiday Hours section below for more specific information.

Saginaw Branch

5420 Gratiot Rd, Saginaw, MI 48638

Hours

Lobby:

Monday - Friday: 9:00 a.m. - 5:00 p.m. ET*

Drive Thru:

Monday - Friday: 9:00 a.m. - 5:00 p.m. ET**

* See the Holiday Hours section below for more specific information.
** Drive Thru ATM available 24-hours every day and on weekends.

ATMs

We have a number of ATM locations. Use our ATM Locator to find the one closest to you!


Holiday Hours (2023)

DayDateHoliday NameHours
Monday New Year's Day HolidayClosed
Monday Martin Luther King Jr. Day Closed
Monday President's Day Closed
FridayApr 07Good FridayClosed
Saturday Easter Weekend Closed
SaturdayMemorial Day WeekendClosed
Monday Memorial Day Closed
Tuesday Independence Day Closed
SaturdayLabor Day WeekendClosed
Monday Labor Day Closed
Thursday Thanksgiving Closed
Friday Day after Thanksgiving Closed
SaturdayThanksgiving WeekendClosed
FridayChristmas Holiday7:30 a.m. - 12:00 p.m. ET
SaturdayChristmas HolidayClosed
Monday Christmas Day Closed
FridayNew Year's Holiday7:30 a.m. - 12:00 p.m. ET
SaturdayNew Year's HolidayClosed
MondayNew Year's Day (2024)Closed

 


 

Featured News

Dow Credit Union to open new branch in Saginaw

November 14, 2022

Opening in 2023, new Gratiot Road location will expand credit union’s Great Lakes Bay Region presence, help better serve members 

 

Dow Credit Union has announced plans for a new branch in Saginaw.

“With 54,000 of Dow Credit Union’s 77,000-plus members residing in Michigan’s Great Lakes Bay Region, opening a branch in Saginaw County will better enable us to serve our growing regional member base,” said Dow Credit Union President and CEO Michael Goad. “Having a second location also will reduce operational and service risks that exist with our current single-site model.”

To accomplish these service and operational goals, the credit union recently purchased a former bank branch office at 5420 Gratiot Rd. in Saginaw. Renovations are expected to begin before the end of 2022, with a targeted opening date in the third quarter of 2023. The new facility will feature the new Dow Credit Union name and branding, which officially took effect in September after 85 years as Dow Chemical Employees’ Credit Union.

“As the largest financial institution headquartered in the Great Lakes Bay Region, we are thankful for the support of our growing member base, and we are excited to be able to offer additional in-person branch services,” Goad said.

Dow Credit Union has been a perennial national leader in financial rewards for members, and the expanded membership base has helped fuel that continued performance. The credit union paid Member Giveback rebates and rewards totaling more than $13 million for 2021 and has returned more than $261 million to its members since 1980. In early 2022, Credit Union National Association (CUNA) once again named Dow Credit Union as one of the top credit unions in the country for delivering member value.

News

 

 

Careers

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