Dow Credit Union Named One of America's Best by Newsweek

Midland, Michigan – Dow Credit Union has earned recognition as one of America’s Best Regional Banks and Credit Unions for 2025 by Newsweek and Plant-A-Insights¹, distinguishing itself through exceptional member value, community impact, and industry-leading rates.

With a longstanding reputation for excellence, Dow Credit Union consistently demonstrates its unwavering commitment to providing exceptional service and value to its member-owners. These efforts have received national recognition over the past several years by America’s Credit Unions. By September 2024, Dow Credit Union achieved an annualized asset growth rate of over 8%, more than twice the average growth of peer institutions, according to the National Credit Union Administration’s (NCUA’s) call report. This remarkable performance highlights Dow Credit Union’s ability to consistently provide superior financial benefits to its members.

Dow Credit Union has garnered national acclaim for its competitive rates. Last month, Investopedia² named its certificate of deposit (CD) rates the most attractive in the nation, with top rankings for its 2-year CDs and similar recognition for its 3-year and 5-year CDs. Business Insider³ also routinely recognizes Dow Credit Union for offering the best 3-month CD rates, further reinforcing its reputation as a top institution for savers.

“We are proud to deliver industry-leading member value through our rates and truly feel we are one of the best financial institutions in the country for borrowers, savers, member value, and service,” said CEO Michael Goad. “In benchmarking against other financial institutions, we consistently have shown that we offer very attractive loan rates, pay attractive deposit rates, and offer very low fees compared to other institutions, all of this is made possible by our everyday great rates combined with our year-end Giveback program. Our large size and small operating footprint allow us to maintain a ratio of operating expenses to assets that is roughly half that of our peers. This efficiency enables us to offer more competitive pricing than banks and other financial institutions, providing unparalleled member value.”

Goad continued, “We are committed to expanding our presence in the Great Lakes Bay region, both in terms of members and the breadth of services we offer.”

Further exemplifying its commitment to member value, Dow Credit Union’s Member Giveback Program⁴ has returned $313.6 million to members since 1980. One of the few programs of its kind nationwide, this board-approved program rewards members with a portion of the credit union’s annual earnings, reinforcing the credit union’s philosophy of member ownership.

Building on this foundation of giving back is Dow Credit Union’s commitment to the communities it serves. In 2024, the Credit Union was honored with the Partners in Growth Corporate Achievement Award for its significant contributions to regional growth and community development. Additionally, its CEO, Michael Goad, received the Xavier DeGroat Autism Foundation’s Leadership Award, recognizing his excellence in fostering inclusivity, supporting neurodiversity, and prioritizing member and community care.

1. Newsweek, December 2024, America's Best Regional Banks and Credit Unions 2025
2. Investopedia, December 2024, Best 2-Year CD Rates for December 2024
3. Business Insider, January 2025, Best 3-Month CD Rates for January 2025
4. While year-end 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.

About Dow Credit Union
Dow Credit Union is a not-for-profit financial institution owned by its members and dedicated to being a multiplier for good. Headquartered in Midland, Michigan, and serving members nationwide, the credit union has $2.4 billion in assets and over 82,600 members across all 50 states. Recognized as one of America’s Best Regional Banks and Credit Unions for 2025 by Newsweek and multiple times by America’s Credit Unions for top performance in saving members money, Dow Credit Union is celebrated for its exceptional member value, community impact, and industry-leading rates. Its longstanding reputation for excellence has also been acknowledged by Investopedia and Business Insider for offering some of the nation’s most competitive CD rates. Dow Credit Union members enjoy lower rates on loans, higher rates on deposits, and convenient anywhere banking backed by advanced security and protection, safeguarding our members’ data and privacy. Dow Credit Union is insured by the NCUA and an Equal Housing Opportunity lender. For more information, visit dowcreditunion.org.