$5,000 Each Awarded to Four Lucky Borrowers Toward Personal Loan Payoff
Midland, Michigan — Dow Credit Union is thrilled to announce the winners of its highly anticipated Festive Loan Payoff Frenzy, an inaugural initiative where four fortunate borrowers each received $5,000 toward paying off their personal loans. This program was designed to thank our members and demonstrate Dow Credit Union’s ongoing commitment to providing affordable and accessible financial solutions with a joyful and festive spirit to honor the season of giving.
The winners, Jose F., Amber B., Dennis P., and Kathryn C., were selected through a randomized drawing from a pool of eligible borrowers. As we enter the new year, Dow Credit Union’s loan officers personally called the winners to share the exciting news, bringing a meaningful financial boost to kick off 2025.
“The Festive Loan Payoff Frenzy reflects our commitment to providing meaningful solutions and rewarding experiences,” said Michael Goad, President & CEO of Dow Credit Union. “Congratulations to the winners and thank you to our members for allowing us to care for your financial needs.”
Elton Brooks, VP of Retail & Lending, added, “With our competitive rates, flexible loan options, and the potential to earn a rebate on interest paid through our Member Giveback program, Dow Credit Union strives to provide financial solutions that truly benefit our members who choose us as their preferred lender. The Festive Loan Payoff Frenzy was an additional way for us to go above and beyond, and it’s incredibly rewarding to see the joy this brought to our winners.”
Dow Credit Union is wrapping up the 44th consecutive year of its Member Giveback program, distributing over $18.5 million to members and over $313.5 million to date through Loan Interest Rebates, Member Saver Rewards, and Visa® Debit Card Rebates. The Member Giveback reflects a Dow Credit Union differentiator, highlighting the credit union’s longstanding tradition of sharing its financial success directly with its members.
The Festive Loan Payoff Frenzy and the Member Giveback program are examples of Dow Credit Union’s broader commitment to promoting financial wellness and rewarding those who engage with the suite of products and services that the credit union has to offer. Members can look forward to more initiatives and events that highlight the unique value that Dow Credit Union has to offer.
Insured by NCUA. While Member Giveback rebates and rewards occur with great regularity, this credit union benefit is not guaranteed. Not all loan and deposit products are eligible for Member Giveback consideration. Some limitations apply.
About Dow Credit Union
Dow Credit Union is a not-for-profit financial institution owned by its members and dedicated to being a multiplier for good. Located online and in Michigan’s Great Lakes Bay Region, the credit union has more than $2.3 billion in assets and over 82,600 members across all 50 states. Dow Credit Union members enjoy lower rates on loans, higher rates on deposits, and convenient anywhere banking powered by leading-edge technology to ensure privacy and security that have been recognized multiple times by America’s Credit Unions for top performance in saving members money. For more information, visit dowcreditunion.org.
