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1st MidAmerica Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.1stmidamerica.org
618-258-3168
731 E Bethalto Dr
Bethalto, IL 62010

1st MidAmerica Credit Union is headquartered in Bethalto and is the 14th largest credit union in the state of Illinois. It is also the 451st largest credit union in the nation. It was established in 1934 and as of December of 2024, it had grown to 162 employees and 63,200 members at 10 locations. 1st MidAmerica Credit Union's money market rates are 5X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in 1st MidAmerica Credit Union is open to individuals who live or work in the Illinois counties of Bond, Brown, Calhoun, Cass, Christian, Clinton, DeWitt, Effingham, Fayette, Greene, Jefferson, Jersey, Logan, Macon, Macoupin, Madison, Marion, Menard, Morgan, Monroe, Montgomery, Moultrie, Piatt, Pike, Randolph, St. Clair, Sangamon, Scott, Shelby, or Washington, or in Jackson County, Missouri. Employees of the Olin Corporation, Alton Memorial Hospital, and more than 90 other Select Employer Groups also qualify for membership.
See current membership details

Reviews

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Health
A+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #63932
Year Chartered1934
Employees162
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD6.91%
Annual Interest Income$51.3MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1B$964.5MM
LoansQ4 2024vs Q4 2023$832.4MM$800.8MM
DepositsQ4 2024vs Q4 2023$813.2MM$765.1MM
Equity CapitalQ4 2024vs Q4 2023$112.3MM$102.3MM
Loan Loss AllowanceQ4 2024vs Q4 2023$9.4MM$8.8MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$4.9MM$3.8MM
Real Estate OwnedQ4 2024vs Q4 2023$118K$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/23/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

1st MidAmerica Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$0$15kReward Savings
OTHER TIERS: 0.25% → $15k+
0.05%$0-Regular Shares

1st MidAmerica Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*$100k*-Money Market Deposit Account
OTHER TIERS: 1.76% → $2.5k - $10k | 1.81% → $10k - $25k | 1.92% → $25k - $50k | 1.97% → $50k - $100k

1st MidAmerica Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$0$10kHigh Interest Reward Checking
1.92%*$100k*-Elite Business Checking
OTHER TIERS: 1.81% → $25k - $50k | 1.87% → $50k - $100k
0.05%$0-Basic Business Checking

1st MidAmerica Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$1k-7 Month CD Special
4.06%$1k-13 Month CD Special
3.80%$1k-21 Month CD Special
3.55%$1k-35 Month CD Special
3.55%$1k-59 Month CD Special
1.51%$1k-60 Month CD
0.95%$300-12 Month Youth Velocity CD
0.90%$1k-48 Month CD
0.85%$1k-36 Month CD
0.80%$1k-24 Month CD
0.75%$1k-18 Month CD
0.70%$1k-12 Month CD
0.60%$1k-6 Month CD

1st MidAmerica Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$1k-7 Month IRA Special
4.06%$1k-13 Month IRA Special
3.80%$1k-21 Month IRA Special
3.55%$1k-35 Month IRA Special
3.55%$1k-59 Month IRA Special
1.51%$1k-60 Month IRA
0.90%$1k-48 Month IRA
0.85%$1k-36 Month IRA
0.80%$1k-24 Month IRA
0.75%$1k-18 Month IRA
0.70%$1k-12 Month IRA
0.60%$1k-6 Month IRA
0.10%$0-IRA Savings
Locations


Cities: Alton, Bethalto, Decatur, Edwardsville, Godfrey, Granite City, Independence, Jerseyville, Troy, Wood River

Alton Branches
Branch Office3553 College AveAlton, IL 62002

Bethalto Branches
Branch Office731 E Bethalto DrBethalto, IL 62010

Decatur Branches
Branch Office202 E Ash AveDecatur, IL 62526

Edwardsville Branches
Branch Office1702 Troy RdEdwardsville, IL 62025

Godfrey Branches
Branch Office5301 Godfrey RdGodfrey, IL 62035

Granite City Branches
Branch Office3830 Nameoki RdGranite City, IL 62040

Independence Branches
Branch Office19301 E Valley View PkwyIndependence, MO 64055

Jerseyville Branches
Branch Office300 W County RdJerseyville, IL 62052

Troy Branches
Branch Office100 McDonald DrTroy, IL 62294

Wood River Branches
Branch Office1795 E Edwardsville RdWood River, IL 62095

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