How Our Festive Loan Payoff Frenzy Became a Holiday Hit

January 06, 2025

At Dow Credit Union, we've always believed that financial solutions can be both affordable and accessible. This past holiday season, our Festive Loan Payoff Frenzy combined those values to capture the spirit of giving and provide real benefits to borrowers. The initiative, launched in the final months of 2024, drew significant attention to Dow Credit Union's loan products. The winners—Jose F., Amber B., Dennis P., and Kathryn C.—received personal calls from Dow Credit Union's loan officers, sharing the exciting news that they were selected to receive $5,000 toward their loan payoffs. The seasonal promotion was a success—with the winners, members, and our lending team embracing the excitement.

 

Why Should Members Consider Borrowing with Dow Credit Union?

Jeff Ehrlich, Director of Lending, shared his thoughts on what makes borrowing with Dow Credit Union unique. "Our borrowers experience extraordinary value every day, and promotions like this add an extra layer of excitement and benefit," Ehrlich explained. "We're committed to helping members achieve their financial goals with highly competitive rates and personalized service. This promotion was a wonderful way to reward a few borrowers while highlighting the advantages of borrowing with us."

 

How Does Dow Credit Union Help Members Care for Their Financial Needs?

For Juli Lacina, Consumer Loan Manager, the Payoff Frenzy went beyond rewarding a few lucky members—it was also about creating energy and awareness around affordable borrowing options.

"The excitement and education about our offerings this initiative brought to our borrowers and team were incredible," Lacina said. "In a time when costs and competitors' rates continue to rise, the timing of this promotion is a great opportunity to showcase our loan products as a smarter choice for seasonal spending, ranging from holiday shopping to house repairs. It feels great to celebrate our winners and see our members discover ways to care for their financial needs without the burden of high rates and costly fees."

 

What Can Members Expect from Dow Credit Union Moving Forward?

The lending team's focus on providing real value through competitive rates, personalized service, or special promotions like the Festive Loan Payoff Frenzy highlights Dow Credit Union's mission to become our member's financial partners for every season of life.

"The success of this promotion is just the beginning," said Elton Brooks, VP of Retail and Lending. "We're always looking for ways to deliver even more value for our members. Initiatives like this highlight the unique advantages of borrowing with Dow Credit Union, and we're excited to continue creating meaningful experiences that resonate with our members."

 

You Don't Have to Wait for a Promotion

At Dow Credit Union, we offer year-round rates on all our loan options. With the potential to earn a loan interest rebate on select borrowing solutions, you can start achieving your financial goals or make essential purchases as you identify the need. Explore our loan options today and see how we can help you care for your financial needs with competitive rates and no hidden fees.

 

Get a Personal Loan

 

Insured by NCUA. While Member Giveback rebates and rewards occur with great regularity, this credit union benefit is not guaranteed. Not all loan and deposit products are eligible for Member Giveback consideration. Some limitations apply. 

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