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 (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

Dow Credit Union Observes CU Kind Day With Month of Service

October 07, 2023

BAY REGION - Dow Credit Union will participate in CU Kind Day on Oct. 9, 2023, joining dozens of other financial institutions in the Michigan Credit Union League in giving back to their communities. CU Kind Day provides credit unions like ours with an opportunity to reinvest in the communities they serve, and many will choose to donate or volunteer with partner nonprofits. 

 

"Giving back to our members, communities, and beyond is part of what makes us different," the Michigan Credit Union League said in a statement. "This annual day of kindness is our chance to show communities throughout Michigan how much credit unions care." 

 

This year, we will install a community "Positivity Bench" in partnership with the Midland-based Legacy Center for Community Success and Links, an international nonprofit committed to improving the quality of life for people of African descent. Located at the Legacy Center's new Abbot Road facility, the bench is intended to promote safe spaces to tackle "hard-to-discuss issues." 

 

“When I found out about the purpose of the Links, the purpose of the Legacy Center, and the purpose of the Positivity bench, it was pretty much a no-brainer for us,” LaShanta Green, director of community relations, said.

 

The central metaphor behind the bench reflects our commitment to promoting diversity, equity, and inclusion, along with general wellness in Midland County.  

 

Rather than impose the limitations of a single day on ourselves, we will continue to give back throughout the month. As October is Breast Cancer Awareness Month, we already delivered seven dozen pink roses to the Center for Women’s Health in Midland and Saginaw’s Lutz VA Hospital. Furthermore, Amanda Abbe, a loan title clerk, distributed coloring books and crayons to local groups of young readers, echoing our commitment to support youth and education. 

 

“We believe in giving back and serving as multipliers for good,” Green said. “Part of our commitment to members is making ongoing investments to support and uplift the communities we call home.” 

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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.

 


 

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