$20,000 to Local Non-Profits through the Member Impact Fund
Dedicated to sharing the positive impact credit unions have on people and their communities.
Donations Stocked the Shelves of Rancho Coastal Humane Society’s Food Pantry
Dedicated to sharing the positive impact credit unions have on people and their communities.
Giving Back is Part of the Foundation of American 1
Dedicated to sharing the positive impact credit unions have on people and their communities.
American Red Cross Receives $20,000
Dedicated to sharing the positive impact credit unions have on people and their communities.
$17,500 in Scholarships to 12 High School Seniors
Dedicated to sharing the positive impact credit unions have on people and their communities.

$15k in Scholarships

 

10th Anniversary of Scholarship Program

Dow Credit Union once again awarded a total of $15,000 in scholarships to ten local students during June of 2023, marking the tenth anniversary of the program.

The credit union maintains two separate funds with the Midland Area Community Foundation. Credit union members and their families are eligible to apply for the Dow Credit Union Members Scholarship, while the Dow Credit Union Employees Scholarship is reserved for the households of those employed by the credit union. Each year, scholarships for $1,500 are awarded to ten students, eight from the members’ fund and two from the employees’. 

"We established these funds to empower members of our community through their academic pursuits," credit union CEO Michael Goad said. "It has been wonderful to watch so many young people take advantage of these programs over the last decade."

Since the program's launch in 2013, Dow Credit Union has awarded a cumulative $165,000 to 110 students. One of the 2023 recipients, Caleb Brown, presently works as a co-op for the credit union. Similar to interns, co-ops are high school students employed by the credit union. Brown said he intends to study finance at Michigan State University in the fall.

"It's really helpful to be able to get this scholarship and put that towards tuition," Brown said. "Everyone at the credit union supported me on this, everyone around me."

Students can apply for the funds each year between Dec. 1 and Feb. 15 by visiting the Midland Area Community Foundation website at midlandfoundation.org/scholarships.  Applicants must be planning to attend or already attending an accredited community college or four-year college or university. To receive more information regarding the scholarship, prospective applicants should call the foundation at 989.839.9661.

 

A complete list of 2023 recipients can be referenced below.



2023 Scholarship Recipients

 

Grace

Appold

Dow Credit Union Employees' Scholarship

Caleb

Brown

Dow Credit Union Employees' Scholarship

Rachael

Cain

Dow Credit Union Members' Scholarship

Emily

Florey

Dow Credit Union Members' Scholarship

Nicholas

Yaroch

Dow Credit Union Members' Scholarship

Lucas

Callihan

Dow Credit Union Members' Scholarship

Ashley

Siegmund

Dow Credit Union Members' Scholarship

Abigail

Ahn

Dow Credit Union Members' Scholarship

Gavin

Painter

Dow Credit Union Members' Scholarship

Chloe

Marsh

Dow Credit Union Members' Scholarship

 


 

About Dow Credit Union 

 

Since 1937, Dow Credit Union has been a strong, dependable financial institution improving the lives of its 78,500 members in the Great Lakes Bay Region and beyond. Headquartered in Midland, Michigan, Dow Credit Union is 100% member-owned and member-focused and offers a wide variety of products and services, including traditional checking and savings accounts, mortgages, consumer and other loans, credit cards, deposit trust accounts and insurance. For more information, visit its website at dowcreditunion.org.


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