Dow Credit Union's Saginaw Branch Celebrates Milestone: Surpasses $21 Million in Deposits & Welcomes 500+ New Members

Saginaw, Mich. – Less than a year ago, Dow Credit Union expanded its presence in the Great Lakes Bay Region with the opening of its second branch located at 5420 Gratiot Rd. in Saginaw, Michigan. Since its grand opening on September 25, 2023, the branch has seen an influx of new members, with more than 500 individuals joining the credit union.

Established in 1937 and headquartered in Midland, Michigan, Dow Credit Union initially operated from a single location. When it was founded, credit union membership was limited to Dow Chemical Company employees. Today it offers many opportunities to join – including through a simple $10 donation to the 'Multipliers for Good' fund that supports regional community initiatives.

"We are very thankful for the overwhelming response from the community over the last ten months, and it is exciting to see the membership and deposit growth as our message gets out about the outstanding products and responsive member service that our people deliver every day," stated Michael Goad, President/CEO of Dow Credit Union. "While we embrace digital banking for its convenience and innovations, the new Saginaw branch has clearly helped our people to foster deeper connections and provide personalized service and counsel."

Surpassing $21 million in deposits underscores Dow Credit Union's commitment to growth and service excellence within Saginaw and beyond. In an era of digital transformation and changing member expectations, Dow Credit Union continues to focus on personalized member experiences and community engagement.

“Our top priority is to the financial well-being of our members,” said Member Experience Manager Emily Migut who oversees daily operations, manages the Saginaw team and ensures members receive outstanding care. “We have received overwhelming community support, and we are eager to join members on their financial journeys. We look forward to continuing to establish face-to-face relationships and being a part of the Saginaw community.

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Dow Credit Union is a not-for-profit financial institution owned by its members and dedicated to being a multiplier for good. Located online and in Michigan’s Great Lakes Bay Region, the credit union has more than $2.3 billion in assets and 82,000 members across all 50 states. Dow Credit Union members enjoy lower rates on loans, higher rates on deposits and convenient anywhere banking powered by leading-edge technology to ensure privacy and security that have been recognized multiple times by America’s Credit Unions for top performance in saving members money. For more information, visit dowcreditunion.org.