Best in the Country: Dow Credit Union’s 3-Month Simple CD Earns Top Spot at 4.35% APY

September 29, 2026

Midland, Michigan – Dow Credit Union has been nationally recognized for offering the highest-yielding 3-month certificate of deposit (CD) in the country, with a 4.35% APY1, according to DepositAccounts2 as of September 25, 2026. This distinction highlights the credit union’s reputation for delivering exceptional value to its more than 84,000 members across all 50 states and 40 countries.  

 

With $2.6 billion in assets, Dow Credit Union is the largest financial institution headquartered in the Great Lakes Bay Region, with branches in Midland and Saginaw. Its lean operating model, with an expense ratio nearly half that of peer institutions, has helped the credit union scale while maintaining a strong focus on financial efficiency.

 

“Offering the highest-yielding 3-month CD in the country is a great example of what financial strength can mean for our members. By operating efficiently and making smart decisions, we’re able to put more value back into the hands of our members through competitive rates and better products. Our members’ continued trust and loyalty have helped us build on our success, allowing us to create even greater value and become the largest and fastest-growing financial institution headquartered in the Great Lakes Bay Region,” said Sanjay Ahluwalia, Chief Financial Officer of Dow Credit Union.

 

Credit Union membership is open to everyone interested in joining.3 Dow Credit Union’s nationally recognized products include its Preferred Checking Account, which was ranked #4 in the country by Kiplinger Personal Finance in its May 2026 issue.4 The credit union has also received recognition from leading financial publications, including Investopedia5, DepositAccounts6 and Business Insider7, for its competitive CD rates.

 

“When the Federal Reserve raised rates on September 16, we acted immediately to be the first bank or credit union in the region to raise deposit rates, and it also landed us in the top spot nationally. Recognition like this is meaningful because it represents real value for our members,” said Michael Goad, President and CEO. “We’re proud to offer products that give members more opportunities to save, grow their money, and make the most of every dollar they entrust to Dow Credit Union.”

 

To view Dow Credit Union’s award-winning CD rates, visit dowcreditunion.org/cd.

 

  1. APY = Annual Percentage Yield. Rates effective 09/22/2026 and subject to change on a daily basis. APY assumes interest payouts remain in your certificate account until maturity. Interest rate is guaranteed for the length of the term. Starting minimum deposit is $500. 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.
  2. DepositAccounts, 09/25/2026, Best 3-Month CD Rates in September 2026
  3. Membership requires a $5.00 deposit into a prime savings account representing one share and ownership in the credit union. Individuals who reside outside Michigan may become eligible for membership by making a $10 donation to Dow Credit Union’s Multipliers for Good charitable fund.
  4. Kiplinger Personal Finance, May 2026 Issue
  5. Investopedia, 07/10/2025, Best 3-Month CD Rates for July 2025
  6. DepositAccounts, 07/20/2025, Best 3-Month CD Rates in July 2025
  7. Business Insider, 01/2025, Best 3-Month CD Rates for January 2025
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