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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 savi ....

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