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Filing year 2024

DOW CREDIT UNION

Midland, Michigan·EIN 38-0495567·14
Total revenue
$117.1M
Total assets
$2.4B
Total expenses
$110.7M
Reported officers
19
Mission

DOW CREDIT UNION IS A PRINCIPLES-BASED FINANCIAL COOPERATIVE COMMITTED TO EXCEPTIONAL SERVICE, CONVENIENCE, VALUE AND SECURITY OPERATING IN ACCORDANCE WITH THE MICHIGAN CREDIT UNION ACT.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Chief Executive Officer
$1.4M
$1.5M
Base
$561k
Bonus
$170k
Other
$3k
Benefits
$19k
Chief Information Officer
chief information officer
$466k
$501k
Base
$293k
Bonus
$64k
Other
$3k
Benefits
$2k
Chief Financial Officer
$462k
$497k
Base
$284k
Bonus
$60k
Other
$420
Benefits
$20k
VP of Retail and Lending
vice president
$416k
$448k
Base
$256k
Bonus
$59k
Other
$420
Benefits
$8k
VP of Human Resources
vice president
$401k
$431k
Base
$239k
Bonus
$56k
Other
$966
Benefits
$17k
Director of Lending
highest compensated employee
$215k
$231k
Base
$166k
Bonus
$24k
Other
$2k
Benefits
$16k
Director of Services Governance
highest compensated employee
$212k
$229k
Base
$158k
Bonus
$21k
Other
$1k
Benefits
$17k
Controller
highest compensated employee
$206k
$221k
Base
$148k
Bonus
$22k
Other
$727
Benefits
$20k
Director of IT - Part Year
chief information officer
$193k
$207k
Base
$103k
Bonus
$14k
Other
$61k
Benefits
$4k
IT Infrastructure Manager
highest compensated employee
$182k
$196k
Base
$129k
Bonus
$18k
Other
$272
Benefits
$21k
Former CEO
former officer/director/trustee
$138k
$149k
Base
Bonus
Other
$138k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 85%
from 2023

From $752k in 2023 to $1.4M in 2024.

$752k
2023
$1.4M
2024
In today's dollarsEst.
Up 80% in real terms$831k to $1.5M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

DOW CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$89.4M
$88.6M
2023
$117.1M
$110.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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