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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

Dow Credit Union Holds Third Opening Ceremony in 86-Year History

October 19, 2023

SAGINAW - Our credit union has served households in the Great Lakes Bay Region for the better part of a century, and this week, for the third time in that history, we “cut the ribbon” on a new branch. 


Our Saginaw location is not just our third building, it has also effectively doubled our footprint. For the first time, Dow Credit Union is serving its member-owners through two separate locations. To mark the occasion, let us look back on our previous openings. 


Ellsworth Street (1937-52) 


In our fledgling years, our credit union operated from a few offices in Dow Chemical’s since-demolished personnel building on Ellsworth Street. The greater credit union movement enjoyed the enthusiastic endorsement of Dow Chemical President Willard Dow, who believed such cooperatives would "acquaint people with the nearly forgotten fact that man should be money's master rather than money's servant." 

 With a board comprised of several veterans, their strategy to invest primarily in war bonds during the 1940s should have come as no great surprise. It also proved lucrative, and the institution quickly outgrew the provided space. 


“Third and Buttles” (1952-87) 



In the early 1950s, many among our 5,500 members expressed a sense of optimism, having observed a decade of positive momentum and growth. Nonetheless, that expansion also made clear the need for a dedicated branch, which the board voted to build "on the corner of Third and Buttles" in 1952. The costs associated with the building’s construction amounted to around $90,000. 


Three hundred of our members attended this grand opening and subsequent open house. Assets climbed steadily in the years that followed, increasing by $5.1 million between 1952-1956. While the location served us well through the 1970s, a growing member base and increased staffing needs necessitated still more space 



East Lyon (1988-Present) 

Construction crews broke ground at 600 E. Lyon Road in 1987, coinciding with the credit union's 50th anniversary. Designed in the usonian style of Frank Lloyd Wright and his acolytes, including Alden Dow, the branch opened its doors to the public in 1988. The press described the building as "contemporary" and "ultra-modern."  


Originally a single-story building, the second and third floors were later added to house more credit union professionals. Over 150 employees now have offices in the building. 


Gratiot Road (2023-Present) 


Our credit union arrived in Saginaw Township at the beginning of the fall with much fanfare. Following Grand Opening Week festivities from Sept. 25-29, the branch reported a cumulative $3.4 million in deposits. Since then, the figure has increased to over $5.5 million. Moreover, 147 new members have joined, outpacing already-high expectations. 


On Oct. 19, the Saginaw County Chamber of Commerce formally welcomed Dow Credit Union to the Saginaw community of businesses with a ribbon-cutting ceremony. 


“There’s something good going on here,” CEO Michael Goad said. “We’re very thankful for the Great Lakes Bay region, all the neat things that are going on here, the great momentum, and the organizations in the area. We thank you for your part in it.”   





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