1st MidAmerica Credit Union

731 East Bethalto Drive
Bethalto, IL 62010
(618) 258-3168
www.1stmidamerica.org

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1st MidAmerica Credit Union is headquartered in Bethalto and is the 14^st largest credit union in the state of Illinois. It is also the 414^st largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 145 employees and 43,411 members. 1st MidAmerica Credit Union has a 5-star health rating.

Special 35-Month CD Rate Continues at 1st MidAmerica Credit Union in Parts of IL & MO - 1/24/2011

1st MidAmerica Credit Union continues to offer a 35-month CD and IRA CD special. The yield has fallen since my October post, but it remains competitive with a 2.02% APY. The other special is a 1.41% A ...

Special 35-Month CD Rate at 1st MidAmerica Credit Union in Parts of IL & MO - 10/31/2010

1st MidAmerica Credit Union is offering a special 35-month CD and IRA CD with a 2.22% APY. There's also a special 21-month CD with a 1.71% APY. The standard 5-year CD rate is fair at 2.52% APY. Minimu ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

1st MidAmerica Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%^†	-	-	Share Draft Checking
0.05%^†	-	-	Community Checking
0.05%^†	-	-	Basic Business Checking
0.05%^†	-	-	Elite Business Checking

1st MidAmerica Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%^†	-	-	IRA Savings
0.25%^†	-	-	Roth IRA Savings
0.25%^†	-	-	CESA Savings
0.10%^†	-	-	Regular Shares

1st MidAmerica Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.55%^†	$100k	-	Money Market Deposit Account

1st MidAmerica Credit Union CD Rates

Apy	Min	Max	Product
1.61%^†	$1k	-	60 Month CD
1.46%^†	$1k	-	48 Month CD
1.31%^†	$1k	-	35 Month Special CD
1.26%^†	$1k	-	36 Month CD
0.95%^†	$1k	-	21 Month Special CD
0.85%^†	$1k	-	24 Month CD
0.75%^†	$1k	-	18 Month CD
0.55%^†	$1k	-	12 Month CD
0.35%^†	$1k	-	6 Month CD

1st MidAmerica Credit Union IRA Rates

Apy	Min	Max	Product
1.61%^†	$1k	-	60 Month IRA
1.61%^†	$1k	-	60 Month Roth IRA
1.61%^†	$1k	-	60 Month CESA
1.46%^†	$1k	-	48 Month IRA
1.46%^†	$1k	-	48 Month Roth IRA
1.46%^†	$1k	-	48 Month CESA
1.31%^†	$1k	-	35 Month Special IRA
1.31%^†	$1k	-	35 Month Special Roth IRA
1.31%^†	$1k	-	35 Month Special CESA
1.26%^†	$1k	-	36 Month IRA
1.26%^†	$1k	-	36 Month Roth IRA
1.26%^†	$1k	-	36 Month CESA
0.95%^†	$1k	-	21 Month Special IRA
0.95%^†	$1k	-	21 Month Special Roth IRA
0.95%^†	$1k	-	21 Month Special CESA
0.85%^†	$1k	-	24 Month IRA
0.85%^†	$1k	-	24 Month Roth IRA
0.85%^†	$1k	-	24 Month CESA
0.75%^†	$1k	-	18 Month IRA
0.75%^†	$1k	-	18 Month Roth IRA
0.75%^†	$1k	-	18 Month CESA
0.55%^†	$1k	-	12 Month IRA
0.55%^†	$1k	-	12 Month Roth IRA
0.55%^†	$1k	-	12 Month CESA
0.35%^†	$1k	-	6 Month IRA
0.35%^†	$1k	-	6 Month Roth IRA
0.35%^†	$1k	-	6 Month CESA

Rates updated: 5/16/2012

Data for Q4 2011

Institution Statistics

1ST MIDAMERICA
NCUA #	63932
BankRate Report	View
Year Chartered	1934
Employees	145
Primary Regulator
Assets and Liabilities
Assets	$474.46 million
Loans	$379.75 million
Deposits	$407.63 million
Equity Capital	$48.36 million
Loan Loss Allowance	$3.05 million
Unbacked Noncurrent Loans	$3.41 million
Historic Data - December 2010
Assets	$427.27 million
Equity Capital	$46.19 million
Loan Loss Allowance	$2.82 million
Unbacked Noncurrent Loans	$3.36 million
Real Estate Owned	$33,000
Profit Margin - Quarterly
Net Interest Margin	4.31%
Return on Assets	0.46%
Return on Equity	4.47%
Interest Income	$21.07 million
Non-Interest Income	$6.59 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 1st MidAmerica Credit Union had $3.4 million in non-current loans and owned real-estate with $51.41 million in equity and loan loss allowances on hand to cover it. This gives 1st MidAmerica Credit Union a Texas Ratio of 6.62% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for 1st MidAmerica Credit Union held steady from 6.92% as of December 31, 2010 to 6.62% as of December 31, 2011, resulting in a positive change of 4.28%.This indicates that the balance sheet and financial strength for 1st MidAmerica Credit Union has held steady in recent periods.
Deposit Growth
In the past year, 1st MidAmerica Credit Union has increased its total deposits by $29.41 million, resulting in 7.78% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 1st MidAmerica Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 1st MidAmerica Credit Union has $474.46 million in assets with $51.41 million in equity, resulting in a capitalization level of 10.84%, which is above average.