DCECU commits $200K to local COVID-19 relief efforts
MIDLAND, MI (March 26, 2020) — Dow Chemical Employees’ Credit Union (dcecu.org) has committed a total of $200,000 to organizations in several counties to support local relief efforts related to the COVID-19 pandemic.
The donation, which was authorized by DCECU’s Board of Directors, will be distributed among United Way of Bay County, United Way of Clare and Gladwin Counties, the Midland Area Community Foundation, and United Way of Saginaw County for use on a variety of COVID-19 relief initiatives at the discretion of each organization.
- United Way of Bay County will use the funds to provide assistance to Bay County residents in need.
- The Midland Area Community Foundation will apply the donation to its COVID-19 Response Fund to assist the Midland County COVID-19 Coalition in filling funding gaps to support the community in partnership with health and human service agencies, school districts, businesses, and municipalities. The foundation is matching DCECU’s donation, doubling its value.
- United Way of Clare and Gladwin Counties will use the funds to assist Gladwin County partner agencies that are identifying and addressing community needs.
- United Way of Saginaw County plans to use the funds to help partner agencies whose programs, services and dollars are most in-demand at this time.
“It almost goes without saying that the coronavirus outbreak has placed tremendous strain on a great many people, businesses, organizations and governments everywhere,” said DCECU Chief Financial Officer and soon-to-be President/CEO Michael Goad. “We feel a deep responsibility to our communities at all times – but especially in moments like this when the need is so significant and widespread.”
About Dow Chemical Employees’ Credit Union
Dow Chemical Employees’ Credit Union is a cooperative, not-for-profit financial institution that is owned by its members and dedicated to providing them with smart, affordable banking solutions. Located in Midland, Michigan, DCECU has $1.8 billion in assets and nearly 69,500 members and has been recognized multiple times by the Credit Union National Association (CUNA) for top performance in saving members money. Membership is open to employees and retirees of more than 70 Select Employer Group companies, as well as to their family members. For more information, visit dcecu.org or call 989.835.7794 or 800.835.7794.
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