When the Midland, Mich.-based credit union opened its doors on July 28, 1937, membership was available only to employees of the Dow Chemical Co. The membership fee was 25 cents, and the credit union location in Dow Chemical’s personnel building made it easily accessible to the members.
In 1943, DCECU added Dow Corning employees to its membership eligibility list. Today, dozens of companies, their employees and families can join DCECU.
The credit union now boasts more than 56,000 members and more than $1.4 billion in assets.
The credit union has invited members to visit during the week of July 23 through 27 to help celebrate this milestone. DCECU is also featuring the “Diamond Anniversary Loan Sale,” which offers interest rate discounts.