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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



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



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.


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

Holiday Hours (2024)

DayDateHoliday NameHours
MondayNew Year's Day HolidayClosed
SaturdayJan 13Martin Luther King Jr. Day WeekendClosed
MondayMartin Luther King Jr. Day Closed
MondayPresident's Day Closed
FridayMar 29Good FridayClosed
SaturdayEaster Weekend Closed
SaturdayMemorial Day WeekendClosed
MondayMemorial Day Closed
Thursday Independence Day Closed
SaturdayAug 31Labor Day WeekendClosed
MondayLabor Day Closed
ThursdayThanksgiving Closed
FridayDay after Thanksgiving Closed
SaturdayThanksgiving WeekendClosed
TuesdayChristmas Eve7:30 a.m. - 12:00 p.m. ET
WednesdayChristmas DayClosed
TuesdayNew Year's Eve7:30 a.m. - 12:00 p.m. ET
WednesdayJan 01New Year's Day (2025)Closed




Featured News

Member Giveback returning $14 million to members for 2022

December 15, 2022

Dow Credit union marks 42 consecutive years of giveback

Dow Credit Union has announced its Member Giveback for 2022, with $14 million expected to be given back to eligible members in January via rebates and rewards deposited to their savings accounts.

This is the 42nd consecutive year that the credit union – which became Dow Credit Union in September after 85 years as Dow Chemical Employees’ Credit Union – has returned a share of its earnings to members. A grand total of more than $275 million has been given back during those four-plus decades. The Member Giveback began in 1955 and has been offered in all but one year since.

For 2022, Dow Credit Union will give back 40% of the interest that members in good standing paid on their eligible loans over the course of the year and will give them a cash reward equal to 40% of the interest/dividends they earned on their eligible deposits. Members in good standing also will receive a 0.125% rebate on their total Dow Credit Union Visa® Debit Card purchase transactions for the year, regardless of whether the transactions were signature-based or PIN-based.

“We provided the largest giveback in the nation as a percentage of total assets for 2021, and we’re hopeful that our 2022 Member Giveback will keep us on that leading edge,” said Dow Credit Union President and CEO Michael Goad. “Along with our diligent management of members’ deposited funds, the loyalty of our members in saving with and borrowing from us year after year is a key reason we’re able to routinely offer such a significant Member Giveback.”

Dow Credit Union Board of Directors Chair Perry Holmon agreed, noting the importance of the credit union’s loyal – and growing – membership base. 

“The 77,000-plus member-owners who have chosen Dow Credit Union as their financial institution and continue to loyally use our products and services are crucial to our ability to offer a Member Giveback,” he said. “With everyone now able to apply for membership and with our upcoming physical expansion into Saginaw in 2023, we’re continuing to grow and are looking forward to serving even more members in the coming years.”

The official total dollar amount of Dow Credit Union’s 2022 Member Giveback will be announced in late January, after all rebates and rewards have been deposited to members’ accounts. Most deposits will be made on Jan. 1, 2023, but all should be completed no later than Jan. 31, 2023. Visit dowcreditunion.org/giveback for details and updates.


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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.



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