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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

Off-Site Insights: Jambalaya and Jazz Returns

November 14, 2023

MIDLAND - The "Jambalaya and Jazz" event will return to the Great Lakes Bay Region on Nov. 16 in Midland's Great Hall, with all proceeds from the evening supporting the operations of Adoption Option Inc., a local child welfare organization. 


Chaired by Dow Credit Union CEO Michael Goad and his wife, Claudia Goad, the night will feature a live performance by the DJAM Band and guest soloist Gezelle Myers, along with comfort food from the region's most popular restaurants. This year, chefs from the Railside, Olvera's, and Timbers restaurants will cater the event, to name only a few.  


Doors will open at 6:00 p.m., with performances expected to conclude by 8:00. 


Dow Credit Union invested $5,000 as a Family Preservation Sponsor for the evening, citing a commitment to youth services as one of their pillars for community investment. 


Adoption Option provides adoption services as well as resources for children in the foster care system. According to Adoption Option, the organization began offering services to help families with children in foster care over the past decade. Their professionals work with those families to "improve their parenting skills so that their children can be returned to them." 


Tickets are on sale now for $75.00 and can be purchased online. Those interested in doing so or learning more about Adoption Option should visit https://adoptionoptioninc.org/jambalaya-and-jazz/.  


Delois Leapheart, president of Adoption Option, recently shared her thoughts on the celebration with us. Check out the interview below! 



Q: An event built around Cajun cooking and jazz music certainly stands out among the big Midland fundraising banquets; how did it come to be? 


A: Ten years ago, when we began planning to add another fundraiser in November, we wanted to add something new to the landscape of fundraisers. The Great Lakes Bay region already had a dessert fundraiser.  Adoption is nationally celebrated in the month of November. Courts around the state offer adoption celebrations for families finalizing their adoption in the month of November. 


Since November is the beginning of the chillier temperatures, we thought people might be more interested in stopping at an event/celebration serving a “hot” dish. As a result, we led with a fancy dish that we thought would generate intrigue and warm thoughts: jambalaya. We wanted people who might not care for jambalaya to come also, so we added two more food categories: “comfort food” and “dessert”. Since most celebrations have great music, we added the “Jazz” to the title and created the event known as Jambalaya and Jazz. 


Q. How has the event grown and changed since its inception?  


A. The first event was held in a smaller space. We had 7 items in the silent auction from Midland and all the tickets were paper. Since that time, we moved the event to the Great Hall, we typically have more than 40 items and they are from around the state—including: an autographed Lions football, box seats for the Loons, autographed U of Michigan and MSU basketballs, sculpture and a Bob Spears photograph, an escape room adventure, gift baskets, hotel stays at locations inside and outside the Great Lakes Bay region, and more. 


Q. Which of your programs will be most profoundly affected by the funds raised during the event?  


Funds contributed will help all of our programs. When we provide services to families, the typical services we provide are covered by a contract. However, the needs of families trying to reunite or families trying to adopt, do not always fall within the four corners of a contract. For example, a child who needed mental health services was seeing a therapist that does not accept Medicaid. Once the adoption is final that child would be covered by their parents' insurance. To avoid a disruption in the therapy provided to the child, we used donor funds to cover the costs of therapy until the adoption is finalized. Another issue that comes up is related to glasses. Active children sometimes break their glasses more than once per year. If that happens, there is not insurance coverage provided for that additional expense. With help from donors, we make sure each child we serve can obtain the needed glasses regardless of whether it is covered by insurance.  

Q. What accomplishments from the past year will Adoption Option be celebrating at the dinner?  


A. Our amazing staff helped more than 1,500 children and adults collectively in 2023. We will be sharing a story about an adoption journey of two children. The family already had one child, but adding two more was a blessing.  


Q. Would you please describe Adoption Option’s process for helping parents reclaim children from the foster care system? 


A. When a court signs an order placing a child in foster care due to concerns of potential neglect or abuse, the goal is to provide services that will help the family regain custody of their children. When families are referred to our agency, we offer several types of services to help parents. For example, we offer parent education classes. Some of these classes are held in their home. Our staff report to the court the progress being made by the parents. The court looks at all the information provided by our agency and others, then decides whether they see sufficient evidence of progress by the parents that causes the court to believe it is safe for the child to return to their family. 


Leapheart shared a number of Adoption Option's most powerful stories with us during the interview. Here is a link to just a few of them: https://adoptionoptioninc.org/blog/ 





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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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