Dow Chemical Employees’ Credit Union ends year with record 60 percent member giveback rebates, rewards

MIDLAND, MI (December 20, 2013) —  Dow Chemical Employees’ Credit Union recently announced a total of more than $11 million in Member Giveback Rebates and Rewards for 2013. The percentages of year-end rebates and rewards on loans and share/deposit accounts to be given back to the members are the highest in the credit union’s history.

On January 1, 2014, DCECU members will receive these givebacks via:

  • The year-end Loan Interest Rebate, which will rebate borrowers in good standing 60 percent of the total interest they paid on all eligible DCECU loans during 2013.
  • The Member Saver Reward, which will give depositors in good standing an additional 60 percent of the dividends/interest they earned on DCECU shares/deposits in 2013.
  • DCECU VISA® Check Card rebates of 0.125 percent of all signature-based transactions during 2013 and $0.01 for each PIN-based transaction during 2013.

“At DCECU, we believe in giving back. We return part of the credit union’s earnings back to our members because they are the owners of the credit union,” said DCECU President/CEO Dennis Hanson. “We are pleased that 2013 is able to end on such a high note and that we are even able to surpass last year’s historic Member Giveback Rebate and Reward rates.”

As a principles-based financial cooperative, DCECU is committed to providing its members with exceptional service, convenience, value and security. The credit union is proud to serve nearly 57,000 members with a selection of convenient products and services, including a full suite of deposit products, mortgage and consumer loan products, and Internet and Mobile Banking.

In 2012, DCECU’s Member Giveback Rebates and Rewards – which included a 50 percent Loan Interest Rebate, a 50 percent Member Saver Reward, and VISA® Check Card rebates of 0.125 percent of signature-based transactions and $0.01 per PIN-based transaction – totaled $11.2 million.

About Dow Chemical Employees’ Credit Union

DCECU has more than $1.4 billion in assets and nearly 57,000 members. Not a member? It’s easier than ever to join. For more information, visit or call (989) 835-7794 or (800) 835-7794.

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