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Start fresh. Consolidate debt


                                                                             PO BOX 1649                                                                                  U.S. POSTAGE
                                                                             MIDLAND MI 48641-1649                                                                             PAID
                                                                                                                                                                          SAGINAW, MI
                                                                                                                                                                         PERMIT NO. 269
                    GO DIRECT
                    PAGE 2

                    PURCHASING YOUR
                    FIRST HOME?
                    PAGE 3

                    “JUST FILE IT!”
                    PAGE 4

                                                                                                                                                                            fEB | 2011

Start fresh.
Consolidate debt.
Bring in your credit cards from other financial
institutions or stores to consolidate your debt and
cut your payments. Through February 28, the first
200 DCECU members to transfer a non-DCECU
credit card balance of $2,500 or more to a DCECU
VISA® Credit Card will receive a $25 VISA® Gift
DCECU’s VISA® Credit Cards offer no balance
transfer fees, low interest rates, no annual fee and
a true 25-day interest-free grace period.
Balance transfers may be submitted by mailing in
a request, completing a request on Cyber Connec-
tion’s Message Board, or filling out the balance
transfer request form in person at DCECU or online.
Visit the Resource Center at to
download the VISA® Balance Transfer Request
form. You’ll need to provide:

   • Your DCECU VISA® Credit Card account
   • Each creditor’s name, address and account
   • Amount to pay each creditor
To learn more about DCECU’s “plastic surgery”
and VISA® Credit Cards, stop by DCECU, call our
Consumer Loan Department at (989) 835-7794
or (800) 835-7794 or visit
*Limit one gift card per DCECU VISA® Credit Card account number.

ClosinG notiCE                                                     sAy hEllo
In observance of Presidents’ Day, the credit union                 We are proud to welcome the following companies and       We are reaching out to those companies with demonstrated
will be closed on Monday, February 21, for staff                   their employees and family members to our credit union:   business relationships with The Dow Chemical Company,
in-service training.                                                                                                         Dow Corning Corporation and/or DCECU. We welcome
                                                                     n   Pyramid Control Inc.                                these companies to the DCECU family because of their
As always, our services are available 24 hours a                         M.A.P. Mechanical Contractors, Inc.
                                                                     n                                                       commitment to helping DCECU and its sponsor organiza-
day with your DCECU VISA® Check Card, ATM card,                          Enviro Tech Coatings, LLC
                                                                     n                                                       tions achieve success. Thanks for choosing DCECU!
1Call Audio Response and via Cyber Connection at

     direct deposit

    Receive your federal
    benefits electronically
    Don’t DElAy:
    siGn up noW!
    The U.S. Department of the Treasury recently an-
    nounced a new rule requiring all federal benefit and
    nontax payments to be paid electronically. People
    applying for Social Security, Veterans benefits or
    other federal benefits on or after May 1 will receive
    their payments electronically starting with their first
    payment. People currently receiving federal benefit
    checks will need to switch to an electronic payment
    option by March 1, 2013. People already receiving
    benefit payments electronically do not need to take
    action. They will continue to receive their payment as
    usual on the payment day.
    People who do not choose an electronic payment op-
    tion at the time they apply for federal benefits or who    to cash or deposit a check. Plus, it’s better for the        • Your DCECU checking or savings account
    do not switch by the deadline will receive their benefit   environment and saves taxpayer dollars.                        number
    payments via the Direct Express® Debit MasterCard®         Applying for federal benefits soon? Go Direct             Receiving federal benefit checks? Make the
    card, so they will not experience any interruption in      from day one!                                             switch today.
    payment. The Direct Express® card is a prepaid debit
    card for federal benefit payments.                         If you are applying for federal benefits on or after      You must switch to direct deposit by March 1, 2013.
                                                               May 1, you will need to get your money electronically     But why wait? Don’t delay — ask for electronic pay-
    Getting your payment electronically is safer and more      from day one. Be ready to choose direct deposit at        ments today and start getting your money the
    reliable than by paper check. In 2010, more than           the time you apply for benefits. To get your money        safer, more convenient way.
    540,000 Treasury-issued checks were reported lost          through direct deposit, here are three things you will
    or stolen. With direct deposit, the Treasury Depart-                                                                 To learn more, stop by DCECU, call
                                                               need to know:
    ment sends an electronic message to your bank or                                                                     (989) 835-7794 or (800) 835-7794 or visit
    credit union account on your usual payment day               • The type of account you have (checking or    You also may call the Treasury
    with the exact amount of your benefit payment from             savings)                                              Department’s Go Direct® campaign helpline at
    Social Security, VA or other federal agency. You don’t                                                               (800) 333-1795.
                                                                 • Your DCECU nine-digit routing transit number
    have to worry about your check being stolen out of             (272482838)
    your mailbox, and there’s no need to make a trip

     personal finances

    Strengthen your finances in 2011
    Many people set resolutions to quit smoking or to              to consider how you would financially handle an              Education Savings Account (ESA) or a Health
    lose weight at the beginning of each year. But what            emergency.                                                   Savings Account (HSA).
    about your financial heath? DCECU has 10 financial
                                                               4 Update your will. Although it can be an uncom-           8 Go green. Using DCECU’s eServices – including
    resolutions that can help give you a better future.
                                                                   fortable process, it’s important to determine who            Bill Pay, eStatements and eAlerts – is free, fast,
                                                                   will handle your estate in the event of your death.          safe and simple … and can help reduce your
    1 Boost your savings. Have DCECU automatically                                                                              environmental footprint.
        withdraw a certain amount from your Prime Share        5 Invest in a home. If you do not own a home yet,
        (savings) account each month to place into a               let DCECU help make your dreams come true              9 Take advantage of credit union benefits.
        Secondary Share (Savings) account to save for              with our affordable mortgage options. If you’re al-          Through DCECU, you can receive exclusive
        vacations, taxes or college. This account offers the       ready a homeowner, consider completing home                  benefits and savings. Members may save
        same dividend rate as the Prime Share account              improvements or putting on an addition with                  on Liberty Mutual or AAA insurance, General
        and does not require a minimum balance. You                help from a DCECU “Prime Home Equity” Line-of-               Motors vehicles, Sprint mobile services, and
        can even select a personalized name for your               Credit or a Single Advance Home Equity Loan.                 more. Visit for more details.
        Secondary Share account.
                                                               6 Transfer your credit card balances. Minimize            10 Protect yourself from fraud and identity theft.
    2 Plan for your retirement. Contact the Retirement             your monthly bills by transferring your credit card          Safeguard your personal and financial infor-
      & Investment Center located at DCECU to help                 balances from other financial institutions or                mation. More than 10 million people become
      you plan your golden years. The center offers re-            stores to a DCECU VISA® Credit Card. Our credit              victims of identity theft annually.* Visit
      tirement planning, brokerage services, insurance             cards offer low interest rates, rewards and no      (case-
      planning, long-term care planning and more.                  annual fee.                                                  sensitive) to learn how to protect yourself.
    3 Create an emergency fund. Can you afford to              7 Start an IRA, ESA or HSA. Save more with a              To learn more, stop by DCECU, call our Member
        pay for unexpected car repairs? What would you             DCECU Individual Retirement Account (IRA),            Contact Center at (989) 835-7794 or (800) 835-
        do if you lost your job tomorrow? It’s important                                                                 7794 or visit


Purchasing your first home?
DCECU can help
 It’s a great time to consider purchasing your first
 home. DCECU offers mortgage options with afford-
 able rates and easy terms for homes within Michi-
 gan. We may even be able to lend on your vacation
 home in Michigan.
 Depending on your needs, you may apply for a Con-
 ventional Fixed Rate First Mortgage, a Balloon First
 Mortgage or a Jumbo Mortgage from DCECU.
 The Conventional Fixed Rate First Mortgage is a
 great option for many DCECU members. This loan
 offers the same monthly payment and interest rate
 throughout the life of the loan (available for 10, 15,
 20, 25 or 30 years).
 If you don’t intend to stay in a home for a long
 period of time, the Balloon First Mortgage is per-
 fect. This loan allows you to make a lower monthly
 payment while building equity in your home. While
 your payment and interest rate would remain the
 same during the balloon term (3*, 5 or 7 years), the
 remaining balance would need to be refinanced or
 paid off at the end of the term.
 Additionally, DCECU offers Jumbo Mortgages. Loan
 amounts are available above $417,000 up to
 For information, stop by DCECU, call our Mortgage
 Department at (989) 835-7794 or (800) 835-
 7794 or visit
 *Available only for purchase transactions.

                                                                                                                                                                                            trustworthy advice

Take an hour for your retirement
Please join Steve Benzing, ChFC®, CLU®, and Chad
A. Eyre of the Retirement & Investment Center located
at Dow Chemical Employees’ Credit Union for two
upcoming mini-seminars. These intimate one-hour
seminars will be held at Dow Chemical Employees’                                                                                  SEMINARS at DCECU
Credit Union and are an excellent opportunity to focus
on your retirement.                                                                                                               MARCh 15,16,22 and 23
                                                                                                                                  Retirement Plan Distributions • 10:00 a.m. to 11:00 a.m.
March 15, 16, 22 and 23
                                                                                                                                  Retirement Investment Strategies • 4:00 p.m. to 5:00 p.m.
Retirement Plan Distributions
                                                                                                                                  sEAts ARE liMitED. REsERvE toDAy.
10:00 a.m. to 11:00 a.m.
Close to retirement or already retired? This seminar
will help you to understand retirement plan distribution
rules and methods and how to invest your retirement
assets to make them work for you.
Retirement Investment Strategies
4:00 p.m. to 5:00 p.m.
                                                                                                                                                                                                ChAD A. EyRE
Do you have a strategy for your retirement? This semi-                                                                                                                     stEvE BEnZinG,
                                                                                                                                                                           ChfC®, Clu®              finAnCiAl
nar will help you make informed decisions regarding
which investments might best suit your needs and to
prepare for the retirement you desire.
Seats are limited and held by reservation only.
Reserve your seat today by calling (989) 835-7794 or
(800) 835-7794, ext. 4572.

Representatives are registered, securities are sold and investment advisory services offered through CUNA Brokerage Services, Inc.
(CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free
(866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose
value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution,
through the financial services program, to make securities available to members. FR011118-552E

       dealer spotlight                                                                                                                                                                                                     FINANCIAL HIGHLIGHTS
                                                                                                                                                                                                                            As of DECEMBER 31, 2010

                                                                                                                                                                                                                            Assets .............................. $1,350,308,023

                                                                                                                                                                                                                            Shares/Deposits............. $1,139,525,313
      Chevrolet                                                                                                                                                                                                             Members.........................................55,569

      Schafer Chevrolet, located at 125 N. Mable St. in
      Pinconning, is a customer-focused auto dealership
                                                                               at peak performance. He can help you, whether you
                                                                               need a part, a major repair or an accessory.
      with more than 40 new vehicles and 120 quality
                                                                               Obtain DCECU financing for your next vehicle on-site.
      pre-owned vehicles in stock. The dealership has been                                                                                                                                                Visit DCECU at the Midland Home and Garden
                                                                               Brad Gross can take care of your loan application
      selling vehicles for more than 84 years.                                                                                                                                                            Show, Booth 85, March 4-6. This year’s show
                                                                               and all the paperwork.
                                                                                                                                                                                                          will take place at the Hach Student Activity Center
      Steve Poling, sales manager, has more than 30 years                                                                                                                                                 on the Northwood University campus. Admission
                                                                               Learn more about Schafer Chevrolet in
      of experience and can answer your questions to                                                                                                                                                      is $4 for adults, $3 for seniors and free for chil-
                                                                               Pinconning by calling (866) 994-3019 or visiting
      help make sure your next vehicle meets your driving                                                                                                                                                 dren under 17. Hours are 4:00 p.m. to 8:00 p.m.
                                                                      The dealership
      needs. Eric Baker, service manager, has more than                                                                                                                                                   on Friday, March 4; 9:00 a.m. to 6:00 p.m. on
                                                                               is open from 9:00 a.m. to 7:00 p.m. Monday and
      five years of experience keeping vehicles operating                                                                                                                                                 Saturday, March 5; and noon to 4:00 p.m. on
                                                                               Thursday; 9:00 a.m. to 6:00 p.m. Tuesday, Wednes-                                                                          Sunday, March 6.
                                                                               day and Friday; and 9:00 a.m. to 3:00 p.m. Saturday.

                                                                                                                                                                                                          tEllER stAtion
                                                                                                                                                                                                          You may notice that Teller Station 10 in the
                                                                                                                                                                                                          DCECU lobby has changed. In early January,
      DCECu offERs fREE, siMplE ACCEss                                                                                                                                                                    the station was remodeled to be accessible to
                                                                                                                                                                                                          members in wheelchairs, those who need to
      to tAx pREpARAtion sERviCEs                                                                                                                                                                         sit during their transactions or our younger
                                                                                                                                                                                                          members. DCECU tellers will continue to serve
                                                                                                                                                                                                          all members from the new station.
      DCECU is pleased to provide the “Just file it!” program                  close to $1.5 million from
      for the 2010 tax season. This easy-to-use program has                    tax credits and refunds
      helped thousands of Michigan residents file their taxes
      for free and take advantage of the state and federal
                                                                               – the most of any credit
                                                                               union in the state.
                                                                                                                                                                                                          GEt youR tAx
      Earned Income Tax Credit (EITC).
                                                                               Almost anyone can use
      You can use “Just file it!” to complete your federal                     “Just file it!” for Michigan                                                                                               fAstER foR 2011
      taxes if you live anywhere in the U.S. The program                       state and federal income
                                                                                                                                                                                                          With DCECU’s new eTax Forms service, there’s
      may be used to complete your state taxes if you live                     tax returns, with the                                                                                                      no need to wait by the mailbox for your tax
      in Michigan.                                                             following exceptions*:                                                                                                     statements from the credit union. Click the
                                                                                                                                                                                                          eDocuments button on the Account Summary
      Although this software is available to almost everyone,                      • Business owners
                                                                                                                                                                                                          page in Cyber Connection, and sign up now to
      “Just file it!” is especially helpful to low- and moderate-
                                                                                   • Church employees or clergy members                                                                                   receive e-mail notifications from DCECU when
      income individuals and families by providing access to                                                                                                                                              your 2011 tax statements are available.
      qualified tax credits that often go unclaimed.                               • Those who have sold real estate in the tax year
                                                                                                                                                                                                          When you sign up for eTax Forms, you can view,
      “Just file it!” uses a free, Web-based software program                      • Employees who have a non-U.S. address                                                                                download and print your tax statements when
      that asks questions and offers assistance via online                           (or whose employer does)                                                                                             they become available instead of receiving hard
      chats to help users prepare state and federal taxes.                                                                                                                                                copies in the mail. In fact, you can receive all of
                                                                                   • Individuals who have disabilities or are in the                                                                      your DCECU statements, notices, disclosures and
      All that is needed to use the program is a computer
                                                                                     military, who may be eligible for tax credits that                                                                   agreements online in an electronic format by
      with Internet access, a Web browser and a printer. Ad-
                                                                                     are not included in this program.                                                                                    signing up for eServices. It’s free, fast, safe,
      ditionally, the program is available in both English and                                                                                                                                            simple and green.
      Spanish.                                                                 For more information and to begin using the “Just
                                                                               file it!” program, visit                                                                                    Contact DCECU at (989) 835-7794 or
      Last year, DCECU enabled 654 filers to use the free                                                                                                                                                 (800) 835-7794 or visit the Account Services
      “Just file it!” online tax preparation system, returning                 *For a complete listing of ineligible filers, visit our website and click on the “Just file it!” logo.                     Department to learn more about our eServices,
                                                                                                                                                                                                          including Cyber Connection Internet Banking,
                                                                                                                                                                                                          eDocuments, Bill Pay and eAlerts.

                                                                student loans to help
                                                Private offer private studentloans you reach your educational and career aspirations.
                                                DCECU will soon

                  edge                            DOW CHEMICAL EMPLOYEES’
                                                  CREDIT UNION
                                                  600 E. Lyon Road
                                                  Midland, MI 48640
                                                                                             (989) 835-7794 • (800) 835-7794
                                                                                             FAX DIRECTORY
                                                                                             Accounting & ATM .. (989) 832-4883
                                                                                                                                                                          BOARD OF DIRECTORS
                                                                                                                                                                          Perry Holmon ................... Chairperson
                                                                                                                                                                          Bob Kasprzyk ............Vice-Chairperson
                                                                                                                                                                          Duncan A. Stuart ..Secretary/Treasurer
                                                                                                                                                                                                                                   Dennis M. Hanson
                                                                                                                                                                                                                                   VICE-PRESIDENT, OPERATIONS
                                                                                                                                                                                                                                   Christopher Estes
  is a monthly publication for members of         MAILING ADDRESS                            Account Services .... (989) 832-9290                                         Mark Fenske ...........................Director          VICE-PRESIDENT, FINANCE
   Dow Chemical Employees’ Credit Union           P.O. Box 1649                              Consumer Loans ..... (989) 832-2622                                          Michael Kapp .........................Director           Barbara Junga
                                                  Midland, MI 48641-1649                     Human Resources... (989) 832-4844                                            Gary McGuire ..........................Director          VICE-PRESIDENT, LENDING
                 EDITOR                           BUSINESS HOURS                             Indirect Loans ......... (989) 832-9271                                      Lisa McKenney........................Director            Ken Roznowski
           Barbara Ostroski-Enos                  Monday - Friday                            Mortgages............... (989) 832-2021                                      William Weideman ..................Director
                                                  7:30 a.m. - 5:30 p.m. ET                   Member Contact                                                               SUPERVISORY COMMITTEE
                                                  Saturday (Drive-Thru only)                 Center (Main) ......... (989) 832-9283                                       Greg Grocholski ............... Chairperson
    We are a principles-based financial                                                                                                                                   Tammy Kohnert ...................... Member
                                                  9:00 a.m. - 1:00 p.m. ET                   Student Loans ........ (989) 832-9293
cooperative committed to exceptional service,                                                                                                                             Michael V. Pisarczyk............... Member
                                                  MEMBER CONTACT                             VISA® ..................... (989) 832-9295
      convenience, value and security.            CENTER HOURS                               WEB SITE ADDRESS                                                             CREDIT COMMITTEE
                                                  Monday - Friday                                                                                  Beth Allsop ...................... Chairperson
                                                  7:00 a.m. - 6:00 p.m. ET                                                                                                Judith W. Holycross................ Member
                                                                                                                                                                          Mark Larsen ........................... Member
                                                                                                                                                                          Kathy Jo Nogaski ................... Member

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