Dow Credit Union’s 3-Month Simple CD Earns National Recognition
Dow Credit Union has received national recognition for offering the highest-yielding 3-month certificate of deposit (CD) in the country, with a 4.40% APY, according to Investopedia and DepositAccounts as of July 10. The distinction reflects the credit union’s growing reputation for delivering strong value to members across the U.S.
“In a high-rate environment where many institutions are scaling back, we’re leaning in—delivering top-tier returns that help our members make the most of their money,” said Sanjay Ahluwalia, Chief Financial Officer of Dow Credit Union. “Our goal isn’t just to offer great rates—it’s to empower our members to thrive financially.”
“Efficiency is our edge,” Ahluwalia added. “By keeping our costs low, we’re able to offer higher savings yields, lower loan rates and meaningful rewards—benefits many other institutions simply can’t match.”
Dow Credit Union recently expanded membership eligibility to all Michigan residents. Its new Preferred Checking Account offers up to 5.12% APY on balances up to $20,000. Members can earn over $1,000 annually by meeting basic eligibility requirements. The credit union also eliminated non-sufficient funds (NSF) fees as part of broader efforts to support member financial well-being.
“We’ve always aimed to be a top destination for savers and to put more money back in the hands of our members,” said CEO Michael Goad. “Recognition like this affirms that we’re delivering strong value while helping members achieve their financial goals.”
Dow Credit Union’s digital-first strategy includes tools like a streamlined direct deposit feature that allows members to switch payrolls quickly and securely.
“We want to make it easy for members to make us their primary financial institution,” Goad added.
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