Dow Chemical Employees' Credit Union

000

600 E Lyon Road, Midland, MI, 48640  

Dow Chemical Employees’ Credit Union was the 182nd credit union organized in the State of Michigan. In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit.


Dow Chemical Employees’ Credit Union was the 182nd credit union organized in the State of Michigan.

In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit. Two Dow employees heard about the credit union movement and brought members of the Michigan Credit Union League to Midland. Representatives of labor and management heard the plan, liked it, and applied to the State Banking Department for a charter, which was granted July 28, 1937.


LENDING PROFILE

Dow Chemical Employees' Credit Union arranges the following loan types:
  • RESIDENTIAL: Hard Money
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money
Lending territories: MI

Results

Qualifications

Loading available loan programs ...
Please wait a moment.

97%
96.5%
95%
90%
85%
80%
75%
70%
65%
60%
55%