Savings

You’ll find a variety of savings options at Dow Credit Union to help you achieve more of your personal and financial goals.

Rates subject to change on a daily basis.


savings

Financial freedom at your fingertips. Scroll to find your perfect savings account and start building wealth today.  By exploring our diverse range of saving account options, you'll take the first step towards a more secure and rewarding financial future.

 

If you're ready to transform your hard-earned money into a cozy nest egg, dive right in. Scroll down to uncover all the exclusive benefits Dow Credit Union savings accounts can offer.

 

A few highlights include competitive rates, dividends on select accounts, and even a savings account where you can set aside money for those big life events like weddings, holidays, or vacations.

 

Start your journey to financial happiness today!

Prime Savings

The Prime Savings Account (Also known as a Prime Share) is your ticket to becoming a member-owner of Dow Credit Union. By opening a Prime Savings Account, not only do you earn competitive dividends, you also become a member of Dow Credit Union with access to all the top-notch products we offer. This account is eligible for our Member Saver Reward¹.
Effective October 1, 2023
Dividend Rate3 APY4
0.35% 0.35%

Member Saver Reward¹

PROSPECTIVE ANNUAL PERCENTAGE YIELD²

Based on Example Giveback Percentage

0%10%20%30%40%
0.35%0.39%0.42%0.46%0.49%
  1. Dividends on share accounts are prospective and therefore are not guaranteed. The prospective dividends are declared by Dow Credit Union's Board of Directors.
  2. APY = Annual Percentage Yield 

Secondary Savings

Our Secondary Savings Account allows you to save for a specific purpose and keep those funds separate from your Prime Savings. This account is eligible for our  Member Saver Reward¹.
Effective October 1, 2023
Dividend Rate3 APY4
0.35% 0.35%

Member Saver Reward¹

PROSPECTIVE ANNUAL PERCENTAGE YIELD²

Based on Example Giveback Percentage

0%10%20%30%40%
0.35%0.39%0.42%0.46%0.49%
  1. Dividends on share accounts are prospective and therefore are not guaranteed. The prospective dividends are declared by Dow Credit Union's Board of Directors.
  2. APY = Annual Percentage Yield 

Club Account

With great features like, no minimum balance required to open, direct deposit, and automatic transfers from your other Dow Credit Union accounts, our Club Account is a great way to save for holidays, vacations, or other scheduled expenses. The funds are not accessible until the established maturity date and upon early withdrawal, the member would forfeit any interest accrued. This account is eligible for our Member Saver Reward¹.
Effective October 1, 2023
Interest Rate3 APY4
0.35% 0.35%

Member Saver Reward¹

PROSPECTIVE ANNUAL PERCENTAGE YIELD²

Based on Example Giveback Percentage

0%10%20%30%40%
0.35%0.39%0.42%0.46%0.49%
  1. APY = Annual Percentage Yield 
  2. Rates are subject to change on a daily basis. 

Premium High Yield Deposit

At Dow Credit Union we believe the more money you save, the more interest you should earn. Dow Credit Union's Premium High Yield Account allows you to earn a highly competitive yield that automatically adjusts as your balance changes. This account is eligible for our  Member Saver Reward¹.
Effective October 1, 2023
Balance Interest Rate3 APY4
$0 - $2,499.99 1.88% 1.89%
$2,500 - $9,999.99 1.88% 1.89%
$10,000 - $49,999.99 1.88% 1.89%
$50,000 - $99,999.99 2.44% 2.46%
$100,000 - $149,999.99 2.66% 2.69%
$150,000 - $499,999.99 2.88% 2.91%
$500,000+ 2.88% 2.91%

Member Saver Reward¹

PROSPECTIVE ANNUAL PERCENTAGE YIELD²

Based on Example Giveback Percentage

0%10%20%30%40%
1.89%2.08%2.27%2.46%2.65%
1.89%2.08%2.27%2.46%2.65%
1.89%2.08%2.27%2.46%2.65%
2.46%2.71%2.95%3.20%3.45%
2.69%2.96%3.22%3.49%3.76%
2.91%3.20%3.49%3.78%4.08%
2.91%3.20%3.49%3.78%4.08%
  1. While the Member Saver Reward occurs with great regularity, this credit union benefit is not guaranteed. The Member Saver Reward benefit is determined by the Dow Credit Union Board of Directors and is paid out on January 1st to the Prime Savings Account as a lump sum deposit based on earnings from eligible deposit products.
  2. The Member Saver Reward Prospective Annual Percentage Yield is for demonstration purposes only and is a calculation that takes into account Annual Percentage Yield earnings for a given deposit product and adds in the potential Member Saver Reward bonus Giveback percentage.
  3. Rates are subject to change on a daily basis.
  4. Annual Percentage Yield (APY) assumes interest payouts remain in your certificate account until maturity. Interest rate is guaranteed for the length of the term. An early withdrawal penalty may be applied when a withdrawal is made prior to maturity of the certificate and could result in loss of principal. 

Simple High Yield Deposit

An alternative high yield savings account that allows you to earn more interest the more you save. The sibling account of our Premium High Yield, the Simple High Yield savings account offers a higher yield that automatically adjusts as your balance changes but is not eligible for the potential year-end Member Saver Reward¹.
Effective October 1, 2023
Balance Interest Rate1 APY2
$0 - $2,499.99 2.26% 2.28%
$2,500 - $9,999.99 2.26% 2.28%
$10,000 - $49,999.99 2.26% 2.28%
$50,000 - $99,999.99 2.92% 2.95%
$100,000 - $149,999.99 3.19% 3.23%
$150,000 - $499,999.99 3.46% 3.51%
$500,000+ 3.46% 3.51%
  1. Rates are subject to change on a daily basis.
  2. APY = Annual Percentage Yield