1st MidAmerica Credit Union is headquartered in Bethalto and is the 13th largest credit union in the state of Illinois. It is also the 471st largest credit union in the nation. It was established in 1934 and as of December of 2021, it had grown to 167 employees and 68,302 members at 11 locations. 1st MidAmerica Credit Union has an A health rating.
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
Overall | |
---|---|
NCUA # | 63932 |
Year Chartered | 1934 |
Employees | 167 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.18% |
Return on Equity - YTD | 10.5% |
Annual Interest Income | $29.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $860.0MM$825.8MM |
Loans | Q4 2021vs Q4 2020 | $663.7MM$654.8MM |
Deposits | Q4 2021vs Q4 2020 | $755.6MM$711.7MM |
Equity Capital | Q4 2021vs Q4 2020 | $96.3MM$87.3MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $6.9MM$7.8MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $5.5MM$6.9MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $29.00K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | IRA Savings | |
0.05% | - | - | Regular Shares |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $50k* | - | Money Market Deposit Account | ||
OTHER TIERS: 0.10% → $2.5k - $25k | 0.15% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.25%* | - | $10k | High Interest Reward Checking | ||
OTHER TIERS: 0.25% → $10k+ | |||||
0.10%* | $50k* | - | Elite Business Checking | ||
OTHER TIERS: 0.05% → $25k - $50k | |||||
0.05% | - | - | Basic Business Checking |