1st MidAmerica Credit Union
1st MidAmerica Credit Union is headquartered in Bethalto and is the 13th largest credit union in the state of Illinois. It is also the 398th largest credit union in the nation. It was established in 1934 and as of December of 2018, it had grown to 198 employees and 68,167 members at 12 locations. 1st MidAmerica Credit Union has 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, or Shelby, 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
Related Posts
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63932 |
| Year Chartered | 1934 |
| Employees | 198 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 4.26% |
| Annual Interest Income | $32.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $751.7MM$722.9MM |
| Loans | Q4 2018vs Q4 2017 | $654.6MM$628.1MM |
| Deposits | Q4 2018vs Q4 2017 | $625.5MM$606.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $80.0MM$76.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $5.6MM$5.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $4.2MM$6.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $20.00K$74.00K |
Rates for 1st MidAmerica Credit Union are currently being reviewed.
