Dow Chemical Employees' Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.05% | 5-year CD | 60 Month Bump Rate CD 1.85% - Synchrony Bank 60 Month CD |
| 0.65% | 1-year CD | 12 Month HSA CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.25% | Savings | Secondary Share Savings Account 1.00% - Ally Bank Online Savings Account |
Dow Chemical Employees' Credit Union is headquartered in Midland and is the 8th largest credit union in the state of Michigan. It is also the 146th largest credit union in the nation. It was established in 1937 and as of June of 2016, it had grown to 114 employees and 57,799 members at 1 location. Dow Chemical Employees' Credit Union has an A+ health rating.
Field of Membership Restrictions
Dow Chemical Employees Credit Union of Michigan is open to the current and retired employees of the Dow Chemical Company and the Dow Corning Corporation and their affiliates, Select Employer Groups, the credit union, Dow Chemical Company stockholders, and the family or household members of these mentioned people.
See current membership details
Interest Rebates
I joined this credit union several years ago but have not used them. The account opening process is slow especially if you are not a Dow Employee. I joined as a stockholder. I joined because of this credit unions history of rebating back a portion of their earnings to their members. They really do this. The only problem is their rates on Savings are not that great and their loan rates are higher. So the rebate is a gimmick. I would rather have a higher savings and a lower loan rate than a rebate. So not for me. Obviously some people like this.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60137 |
| Year Chartered | 1937 |
| Employees | 114 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 2.79% |
| Annual Interest Income | $15.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.53B$1.48B |
| Loans | Q2 2016vs Q2 2015 | $795.0MM$709.4MM |
| Deposits | Q2 2016vs Q2 2015 | $1.32B$1.27B |
| Equity Capital | Q2 2016vs Q2 2015 | $174.0MM$170.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.9MM$1.9MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $1.6MM$730.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $22.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not Dow Chemical Employees' Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Dow Chemical Employees' Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.37%* | $150k* | - | Premium High Yield Deposit Account | ||
| OTHER TIERS: 0.28% → $2,500 - $10k | 0.30% → $10k - $50k | 0.33% → $50k - $100k | 0.35% → $100k - $150k | |||||
| 0.25% | - | - | Primary Share Savings Account | ||
| 0.25% | - | - | Secondary Share Savings Account | ||
| 0.25% | - | - | Club Account | ||
Dow Chemical Employees' Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Share Draft Account |
Dow Chemical Employees' Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.05% | $1k | - | 60 Month Bump Rate CD | |
| 1.75% | $1k | - | 48 Month HSA CD | |
| 1.75% | $1k | - | 48 Month Bump Rate CD | |
| 1.45% | $1k | - | 36 Month CD | |
| 1.45% | $1k | - | 36 Month HSA CD | |
| 1.00% | $1k | - | 24 Month CD | |
| 1.00% | $1k | - | 24 Month HSA CD | |
| 1.00% | $500 | - | 12 Month Youth CD | |
| 0.75% | $500 | - | 6 Month Youth CD | |
| 0.70% | $1k | - | 18 Month CD | |
| 0.65% | $1k | - | 12 Month CD | |
| 0.65% | $1k | - | 12 Month HSA CD | |
| 0.40% | $1k | - | 6 Month CD |
| Dow Chemical Employees' Credit Union Locations | ||
|---|---|---|
| Branch Office | 600 E Lyon Rd | Midland, MI 48640-5396 |