1st MidAmerica Credit Union is headquartered in Bethalto and is the 13th largest credit union in the state of Illinois. It is also the 410th largest credit union in the nation. It was established in 1934 and as of June of 2018, it had grown to 200 employees and 66,670 members at 12 locations. 1st MidAmerica Credit Union has an A+ health rating.
Membership in 1st MidAmerica Credit Union is open to the following: (1) those who live or work in Bond, Calhoun, Christian, Clinton, Fayette, Greene, Jefferson, Jersey, Macon, Macoupin, Madison, Marion, Monroe, Montgomery, Pike, Randolph, St. Clair, Sangamon, Scott, and Washington Counties in Illinois or in Jackson County in Missouri; (2) employees of Olin Corporation, Alton Memorial Hospital or over 50 Select Employer Groups.
See current membership details
|Return on Assets - YTD||0.35%|
|Return on Equity - YTD||3.25%|
|Annual Interest Income||$15.7MM|
|Assets and Liabilities|
|Assets||Q2 2018vs Q2 2017||$728.0MM$694.4MM|
|Loans||Q2 2018vs Q2 2017||$631.2MM$606.5MM|
|Deposits||Q2 2018vs Q2 2017||$615.4MM$596.0MM|
|Equity Capital||Q2 2018vs Q2 2017||$77.8MM$72.8MM|
|Loan Loss Allowance||Q2 2018vs Q2 2017||$5.0MM$4.5MM|
|Unbacked Noncurrent Loans||Q2 2018vs Q2 2017||$3.3MM$4.9MM|
|Real Estate Owned||Q2 2018vs Q2 2017||$6.00K$24.00K|
Rates for 1st MidAmerica Credit Union are currently being reviewed.