Dow Chemical Employees' Credit Union

Social
  • +1

A short history of Dow Chemical Employees' CU

Since its inception in 1937 the Dow Chemical Employees' Credit Union has been serving its members in the Midland, Michigan area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Dennis Hanson, the Dow Chemical Employees' CU has grown its membership to over 59,000 with assets of more than $1,594,614,255. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (989) 835-7794 or email them at webmaster@dcecu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Midland, MI.

General Information For Dow Chemical Employees' CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60137
Address PO Box 1649 
City Midland 
State Michigan 
Zip-Code 48641
Phone Number (989) 835-7794
Fax Number (989) 832-4883
Email Address: webmaster@dcecu.org
CEO/President Dennis Hanson
Members 59,000 
Full-Time Employees 141 
Part-Time Employees
Number of Branch Offices
Total Assets 1,594,614,255 
Website http://www.dcecu.org 

Compare Dow Chemical Employees' Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Members First CU Members First Credit Union-Evart Office 201 E 7th St 48641 (855) 835-6328 No 2.79
Wildfire CU Wildfire Credit Union 6640 Bay Rd 48605 (989) 249-8200 No 15.72
Catholic CU Cass Ave. Branch 1504 Cass Ave 48708 (989) 799-8744 No 16.20
First Area CU Hemlock 16630 Gratiot Rd 48609 (989) 642-2500 No 16.44
Sunrise Family CU Essexville Branch 190 N Powell Rd 48732 (989) 892-1833 No 16.65

Dow Chemical Employees' Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Dow Chemical Employees' Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.90 3.24 2.99 3.94 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 173 91 132 100
Rank Among All Michigan Credit Unions 22 49 23 27 15

Dow Chemical Employees' Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.37 1.79 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 84 58 N/A
Rank Among All Michigan Credit Unions 11 10 12 7 N/A
Dow Chemical Employees' Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.90014,18633,507,954
All Other Unsecured Loans/Lines of Credit 8.0002,32310,034,672
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 5.9801,57714,725,630
New Vehicle Loans 3.2407,897111,302,154
Used Vehicle Loans 2.99019,153193,234,205
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.9403,930406,733,960
Total Other Real Estate Loans/Lines of Credit 4.0001,06220,084,023
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 13.5004,51171,052,740
TOTAL LOANS & LEASES 54,639860,675,338

Dow Chemical Employees' Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 2,106250,443,56321432,656,547
    b. 15 Years or less 1,578133,657,65012415,478,560
Balloon/Hybrid
    a. > 15 years 15513,226,58300
    b. 15 Years or less 777,400,95600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 142,005,2084775,600

OTHER REAL ESTATE

Closed-End Fixed Rate 2584,199,38120515,300
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 80415,884,6421855,521,627
Open-End Fixed Rate 0000
TOTALS 4,992426,817,98354754,947,634

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Dow Chemical Employees' Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes