Loan Payment Options

Thank you for financing with DCECU! You can make your loan payments quickly and easily via Online Banking or Mobile Banking, by phone or mail, or at the credit union. We offer affordable Loan Protection options for your auto loan or other loans. Plus, if you find yourself in a temporary tight spot, you may be able to Skip-A-Pay.

Making a Loan Payment 24/7

With Online Banking and Mobile Banking1, making your monthly loan payment is quick, easy and secure.

You must first enroll in Online Banking if you wish to make an online payment. Once logged into your account, select the Loan tab to make your payment.

Once logged into Mobile Banking, select Transfer Money to make your loan payment.

Make a Payment See other Loan Payment Options


Skip-A-Pay

Sometimes, you need extra funds on hand to make ends meet. DCECU understands. Our Skip-A-Pay service can help by allowing you to skip a payment on each of your eligible DCECU Consumer Loans once per calendar year.

  • Qualified borrowers can skip one (1) payment on an eligible loan each calendar year
  • Skip up to six (6) payments over the life of the loan
  • Eligible loans include Auto Loans, Non-Balloon Recreational Vehicle Loans, Non-Balloon Share Secured Loans, Signature Loans
  • Application form available within Online Banking or by contacting us
  • Nonrefundable application fee of $25 per Skip-A-Pay request
  • Each use of Skip-A-Pay extends the term of the loan by approximately one (1) month2

Apply Now See our list of Frequently Asked Questions about Skip-A-Pay for additional details.

Loan Protection Options

MEMBER’S CHOICE™ Borrower Security

DCECU’s MEMBER’S CHOICE™ Borrower Security3 is a voluntary loan-payment protection product that helps preserve your family’s standard of living and gives you relief from financial burdens if a protected life event such as disability, loss of life, or involuntary unemployment happens to you.

Call our Consumer Loan Department at 800.835.7794 or 989.835.7794 and ask about protecting your loans today.

Guaranteed Asset Protection (GAP)

GAP is a debt protection product that covers or reduces the cost of an outstanding loan that may not be covered by your insurance company should your vehicle be totaled or stolen.4

DCECU offers GAP PLUS! If there is a total loss or unrecovered theft loss of the vehicle and you finance a replacement vehicle from the credit union within 120 days after the Primary Insurance Company issues a settlement check, the first $2,500 will be canceled on your new loan.

If purchased during loan origination, GAP may be able to be added to the loan. Otherwise, GAP can be purchased any time during your loan by simply stopping in or contacting us.

Other Loan Payment Options

Pay by Phone

Call 800.835.7794 to transfer your loan payment from your DCECU checking or savings account.

Pay in Person

Stop by our office located at 600 E. Lyon Road, Midland, MI 48640 to make your payment.

Pay by Mail

Drop your payment in the mailbox and send it to:

Dow Chemical Employees’ Credit Union
P.O. Box 1649
Midland, MI 48641

Please write your account number and loan ID on the memo line on the bottom left hand side of the check.

Automatic, Recurring Payments

Did you know you can set up an automatic, recurring loan payment?

  • Schedule a Recurring Payment within Online Banking
    • Log in to Online Banking
    • Click on the Loan tab
    • Under Make Loan Payment, select Add Scheduled Payment
    • Enter in payment details and select Save
  • Transfer your payment from another financial institution
    • Fill out the payment authorization form and provide proof of account ownership (i.e. voided check or an account statement).

Payment Authorization Form

Come in or call 800.835.7794 and we will be happy to help you set up any of the automatic payment options listed above for your loan.

If you would like to request a payoff or you need assistance with making your payments, please call us at 800.835.7794, stop in, or send us a message within Online or Mobile Banking and we can help you.

  1. Fixed Rate Mortgage payments cannot be made in Online or Mobile Banking. ↩︎

  2. Interest will continue to accrue on your current balance during the month you choose to Skip-A-Pay. ↩︎

  3. Your purchase of DCECU’s MEMBER’S CHOICE™ Borrower Security is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of DCECU’s MEMBER’S CHOICE™ Borrower Security. ↩︎

  4. Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. ↩︎