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DCECU Pays Dividend Despite Pandemic, Recession, Flood

Michigan credit union pays $14 million as a "Member Giveback."

chart showing return growth over a $100 bill Source: Shutterstock.

The past year was difficult for members of Dow Chemical Employees’ Credit Union. Not only did they suffer the hardships of the COVID-19 pandemic, but hundreds in their Midland, Mich., community were displaced by a flood in May.

Yet, DCECU ($1.9 billion, 70,593 members) was able to pay members $15.6 million Jan. 1, its 40th consecutive “Member Giveback,” despite the year’s challenges.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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