Dedicated to Deposits: Deals, Data, and Discussion
1st MidAmerica Credit Union1.15%$1k-35 Month CD Special
1st MidAmerica Credit Union1.15%$1k-35 Month IRA Special (Traditional,Roth,CESA)
Accounts mentioned in this post. Rates as of August 30, 2014

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


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% APY 21-month CD. Minimum deposit is $1,000. These rates are listed at the credit union's savings rates page as of 1/24/2011. At the top of the table, it states "Effective January 21, 2011 to January 27, 2011".

This special 35-month CD rate compares favorably with the best 3-year CD rates from internet banks as of 1/24/2011. The best 3-year CD rate from an internet bank is 2.00% APY at OneWest Bank. You can get better rates at some easy-to-join credit unions. The best 3-year CD rate is 2.25% APY at Fort Knox FCU.

Credit union membership is open to anyone who lives, works, or maintains an address in any of the following counties in Illinois: Madison, Macoupin, Montgomery, Bond, Fayette, Jersey, Greene and Calhoun. 1st MidAmerica is also open for membership to anyone who lives or works in Jackson County, Missouri. Please refer to the credit union Membership page for the full details.

Branches are located in the Illinois cities of Bethalto, Godfrey, East Alton, Alton and Jerseyville, and also in the Missouri city of Independence.

The credit union used to have the name Olin Community Credit Union. On October 1, 2010, this name changed to 1st MidAmerica Credit Union. According to the credit union the name change did not have anything to do with a merger.

1st MidAmerica Credit Union has an overall health score at of 4 out of 5 with a Texas Ratio of 7.00% (excellent) based on September 2010 data. Please refer to our financial overview of 1st MidAmerica Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 63932).

Searching for the Best CD Rates

To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of

Related Pages: 1st MidAmerica Credit Union, Olin Community Credit Union, Illinois, Missouri, CD rates, IRA rates

Related Posts