Record-breaking member giveback at DCECU tops $17.6 million for 2017

Total includes a 70 percent rebate of interest paid on eligible loans, plus rewards for saving and rebates on debit card transactions

MIDLAND, MI (January 8, 2018) — Dow Chemical Employees’ Credit Union ( has announced its Member Giveback for 2017, with more than $17.6 million being given back to eligible members on Jan. 1 in the form of rebates and rewards. This is the largest-ever giveback for DCECU, which has returned a share of its earnings to members every year since 1980.

For 2017, DCECU gave back 70 percent of the interest members in good standing paid on their eligible loans over the course of the year and gave them a cash reward equal to 70 percent of the interest they’d earned on their savings. Members in good standing also received rebates on Visa® Debit Card transactions.

“It is only through the engagement of our members and our prudent management of members’ deposited funds that we are able to be one of only a handful of financial institutions nationally to share its earnings with members to this extent while still maintaining a healthy capital cushion,” said DCECU President/CEO Dennis Hanson.

At the 70 percent giveback rate for 2017, a member who had paid $4,000 in interest on one or more rebate-eligible DCECU loans during the year received a Loan Interest Rebate of approximately $2,800.

“The possibilities are almost endless; some members use the money to take a trip or tackle a home improvement project, while others use it to pay down a loan or start a CD,” Hanson said.

About Dow Chemical Employees’ Credit Union

Dow Chemical Employees’ Credit Union is a 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 $2.1 billion in assets and nearly 73,500 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 nearly 100 Select Employer Group companies and their family members, as well as donors to the Midland Area Community Foundation’s DCECU Members Endowed Scholarship Fund. For more information, visit or call 989.835.7794 or 800.835.7794.

Follow DCECU on Facebook at and on Instagram at


Alisha Toyzan

AGP & Associates, Inc.


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