DCECU surpasses $2 billion asset mark
MIDLAND, MI (April 13, 2021)
Dow Chemical Employees’ Credit Union (
dcecu.org) has achieved a milestone by surpassing $2 billion in assets.
DCECU hit the $2 billion mark near the end of 2020 – even after giving back $15.57 million to members through Member Giveback rebates and rewards on eligible loans, debit card purchases and deposits for 2020, as well as closing a record-high 1,400 Mortgage Loans worth a total of approximately $198 million in 2020. As of March 31 of this year, the credit union’s assets had reached $2.1 billion.
“Surpassing $2 billion in assets is a tremendous milestone for us, and it’s a testament to our members’ loyal participation in our financial cooperative and their faith in us to prudently manage their deposited funds,” said DCECU Chief Executive Officer Michael Goad. “Having a healthy capital cushion allows us to continue offering great rates on loans and high returns on savings, enhancing our
Assets at Dow Chemical Employees Credit Union pass $2 billion americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.