Dow Credit Union is a not-for-profit financial cooperative owned by its members.  While it offers government-insured accounts and regulated financial services like a bank, a credit union typically offers higher deposit rates and lower loan rates.  Profits are returned to the membership through better rates, lower fees, and services. 

The credit union’s oversight is completely independent of Dow Chemical Company.  Our members elect a volunteer Board of Directors and Supervisory Committee from the membership.  Both groups are made up of members who volunteer many hours of time each year.  Together with the credit union’s management team, the business of the credit union is handled, ensuring the institution’s continued soundness and stability.  Only authorized loan officers review loan applications.  Government regulations, strict privacy policies and stringent internal controls protect member account information.

By having a volunteer unpaid board of directors, unlike banks, we are able to return more value—by providing better rates and lower fees—to members.