Charter 60137 · Midland, MI
Dow Credit Union
Dow Credit Union is a state-chartered credit union in Midland, Michigan, with $2.62 billion in assets and 83,961 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 10.07%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Dow Chemical Employees' Credit Union.
- Total assets
- $2.62 billion
- +5.9% in a year
- Members
- 83,961
- +0.8% in a year
- Net worth ratio
- 10.07%
- Peer median 10.79%
- Loans 60+ days late
- 0.29%
- Peer median 0.67%
- Loans outstanding
- $1.23 billion
- -1.4% in a year
- Shares and deposits
- $2.35 billion
- +5.7% in a year
- Branches
- 2
- 198 employees
- Opened
- 1937
- Michigan charter
How Dow Credit Union compares
NCUA groups credit unions by size; Dow Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 10.07% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.29%, is lower than the group median of 0.67%. Loans fell 1.4% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 10 of 169 credit unions headquartered in Michigan. See all Michigan credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $2.62 billion | 83,961 | $1.23 billion | 10.07% | 0.29% |
| Q1 2026 | $2.61 billion | 83,834 | $1.23 billion | 9.79% | 0.27% |
| Q4 2025 | $2.55 billion | 83,732 | $1.25 billion | 9.97% | 0.41% |
| Q3 2025 | $2.49 billion | 83,478 | $1.23 billion | 10.12% | 0.36% |
| Q2 2025 | $2.48 billion | 83,313 | $1.25 billion | 9.95% | 0.34% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 10 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 2 sites for Dow Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Dow Credit Union (main office)
600 E Lyon Rd, Midland, MI 48640 - Dow Credit Union
5420 Gratiot Rd, Saginaw, MI 48638
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology