Dow Credit Union

Overview / Commentary
600 E Lyon Rd
Midland, MI 48640

Dow Credit Union is headquartered in Midland and is the 9th largest credit union in the state of Michigan. It is also the 204th largest credit union in the nation. It was established in 1937 and as of September of 2022, it had grown to 151 employees and 77,228 members at 1 location. Dow Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Dow Chemical Employees Credit Union is open to anyone who joins the Midland Center for the Arts, Alden B. Dow Museum. Current and retired employees of the Dow Chemical Company, the Dow Corning Corporation, and their affiliates are also eligible. Membership is also open to individual owners of stock in the Dow Chemical Company and employees of more than 60 Select Employer Groups.
See current membership details

Reviews (3)

Dow Chemical Credit Union

Posted by: |

Opened a new share account 12/16. All went very smoothly. Had to email copy of drivers licesnse, as we are out of state. took pic on camera and uploaded. Did pull from Marcus to open. Paid $35 to charity to become member. All in all a good experience. Plan to open a 100K 2 yr cd at 2.4%.

Member Give Back

Posted by: |

DCECU has a member give back program for any members that have a loan, mortgage, credit card or interest bearing account. This used to be an industry norm that is no longer, with DCECU being one of the last credit unions to maintain the tradition. DCECU doesn't spend money on buildings they spend it on members.

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.


Health Grade Components

NCUA #60137
Year Chartered1937
Primary Regulator
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.68%
Annual Interest Income$39.7MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$2.13B$2.12B
LoansQ3 2022vs Q3 2021$1.16B$1.06B
DepositsQ3 2022vs Q3 2021$1.93B$1.87B
Equity CapitalQ3 2022vs Q3 2021$144.2MM$224.6MM
Loan Loss AllowanceQ3 2022vs Q3 2021$3.7MM$4.3MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$1.5MM$1.1MM
Real Estate OwnedQ3 2022vs Q3 2021$0$0

Rates for Dow Credit Union are currently being reviewed.


Dow Credit Union Locations
Branch Office600 E Lyon RdMidland, MI 48640-5396

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.