For the second consecutive year, Dow Chemical Employees’ Credit Union has received a Credit Union National Association (CUNA) Benefits of Membership Award – also known as the Member Benefits Top Performance Award – for saving its members money. DCECU is the only Michigan-based credit union to receive the award.
CUNA compared DCECU’s rates, fees and account yields to those of competing banks, determining that each member household saved an average of $696 this past year compared to the same services from a bank – a nearly 9% increase from DCECU’s 2016 award-winning total of $639 in savings.
“We are proud to offer great rates, provide rebates and rewards when we are able, and engage in principles-based decision-making every day,” said DCECU President/CEO Dennis Hanson. “Receiving the CUNA Member Benefits Top Performance Award for the second consecutive year reinforces for us that these actions truly do contribute to meeting our goal of helping our members build a strong financial future.”
According to the CUNA website, “the CUNA Benefits of Membership Award recognizes credit unions that offer exceptional financial value to their members in the form of benefits. Credit unions that showcase exemplary value are recognized for their achievements.”
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