Safe Harbor Credit Union

The Safe Harbor Credit Union was established in 1952 by employees of the Ludington Plant of Dow Chemical Company. It was originally known as the Dow Ludington Employee's Credit Union. The mission of the founders of the Safe Harbor credit union was to provide a safe environment for the employees of Dow's Ludington plant to save their money, getting a good rate of return in return as well as a source for loans at a low and fair rate of interest. Like other credit unions, the Safe Harbor credit union was set up not to generate profits but to serve the financial needs of its members. The safe Harbor credit union started off modestly with just one office and it provided just savings accounts and small loan services. However, over the years the Safe Harbor credit union has grown rapidly. The charter of the credit union was changed to allow other groups in addition to Dow Ludington employees to join as members. As a result of this, the name of the credit union was changed from the Dow Ludington Employee's Credit Union to the Safe Harbor credit union. The Safe Harbor credit union has also steadily increased to number of services it offers. To be a member of the safe

Harbor credit union you need to be Employees or members of employer groups or other organized groups which are located within 25 miles of the credit union's main office in Ludington. Any individual 55 years or older who receives a pension or social security benefits and resides in or belongs to a retirement organization in Mason County or in a county contiguous to Mason County is also eligible to be a member. Other groups that are eligible for membership to the Safe Harbor credit union include all employees of the Safe Harbor credit union, immediate family members of individuals eligible for membership and any organization whose membership is made up of individuals eligible for membership.