Dow Chemical Employees' Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.90% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.65% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.35% | Savings | 0.27% - National Average |
Dow Chemical Employees' Credit Union is headquartered in Midland and is the 9th largest credit union in the state of Michigan. It is also the 168th largest credit union in the nation. It was established in 1937 and as of December of 2018, it had grown to 132 employees and 64,902 members at 1 location. Dow Chemical Employees' Credit Union's savings rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Dow Chemical Employees Credit Union is open to the current and retired employees of the Dow Chemical Company and the Dow Corning Corporation and their affiliates. Membership is also open to individual owners of stock in the Dow Chemical Company and employees of Hemlock Semiconductor Corporation and over 20 Select Employer Groups.
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 Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60137 |
| Year Chartered | 1937 |
| Employees | 132 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 3.55% |
| Annual Interest Income | $40.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.63B$1.64B |
| Loans | Q4 2018vs Q4 2017 | $963.3MM$886.7MM |
| Deposits | Q4 2018vs Q4 2017 | $1.42B$1.43B |
| Equity Capital | Q4 2018vs Q4 2017 | $170.4MM$170.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.8MM$1.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $2.3MM$1.3MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $119.00K$47.00K |
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 | |
|---|---|---|---|---|---|
| 1.25%* | $500k* | - | Premium High Yield Deposit Account | ||
| OTHER TIERS: 0.56% → $2.5k - $10k | 0.70% → $10k - $50k | 0.85% → $50k - $100k | 1.00% → $100k - $150k | 1.15% → $150k - $500k | |||||
| 0.35% | - | - | Prime Savings | ||
| 0.35% | - | - | Secondary Savings | ||
| 0.35% | - | - | 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 |
|---|---|---|---|---|
| 3.65% | $1k | - | 36 Month Premium Rate CD | |
| 2.90% | $1k | - | 36 Month CD | |
| 2.90% | $1k | - | 60 Month Bump Rate CD | |
| 2.55% | $1k | - | 48 Month HSA CD | |
| 2.55% | $1k | - | 48 Month Bump Rate CD | |
| 2.50% | $1k | - | 24 Month CD | |
| 2.50% | $1k | - | 24 Month HSA CD | |
| 2.30% | $1k | - | 36 Month HSA CD | |
| 2.05% | $500 | $10k | 12 Month Youth CD | |
| 1.80% | $1k | - | 18 Month CD | |
| 1.65% | $1k | - | 12 Month CD | |
| 1.65% | $1k | - | 12 Month HSA CD | |
| 1.50% | $500 | $10k | 6 Month Youth CD | |
| 1.10% | $1k | - | 6 Month CD |
| Dow Chemical Employees' Credit Union Locations | ||
|---|---|---|
| Branch Office | 600 E Lyon Rd | Midland, MI 48640-5396 |