Credit union · NCUA insured
Dow Credit Union
Top CarrotA $2.6B credit union, the 202nd largest of 4,329, headquartered in Midland, MI, with 83,834 members and 2 branches in Michigan. Best rates: CDs 4.50% and savings 2.42% APY.
Dow Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 99% of U.S. banks and credit unions
#1 of 22 in Saginaw, MI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Dow Credit Union
Organized in 1937 following a state banking charter to serve Dow Chemical Company employees, Dow Credit Union provides savings and credit services.
Based in Midland, Michigan, the credit union serves members across Michigan's Great Lakes Bay Region and all 50 states.
- Headquarters
- 600 E Lyon Rd, Midland, MI 48640-5396
- NCUA charter
- 60137
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Anyone living outside Michigan can become a member by making a $10 donation to the Multipliers for Good charitable fund.
Where you live or work
- Membership is open to everyone who lives in Michigan.
Cost to join
- Membership requires a $5.00 deposit into a prime savings account representing one share and ownership in the credit union.
- A $10 donation to the Multipliers for Good charitable fund is required to join for those living outside Michigan.
Branches
2 branches in Michigan
Loading map…
Michigan
2 branches
Midland area · 1
- Dow Credit UnionMain office600 E Lyon Rd, Midland, MI 48640Directions
Saginaw area · 1
- Dow Credit Union5420 Gratiot Rd, Saginaw, MI 48638Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.07% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.29% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.77% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $52 | $88 | — |
- CapitalNet worth ratio10.07%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.29%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.77%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$52Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Dow Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.