1st MidAmerica Credit Union is headquartered in Bethalto and is the 13th largest credit union in the state of Illinois. It is also the 444th largest credit union in the nation. It was established in 1934 and as of September of 2022, it had grown to 176 employees and 69,489 members at 11 locations. 1st MidAmerica Credit Union's money market rates are 3X the national average, and it 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 | |
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NCUA # | 63932 |
Year Chartered | 1934 |
Employees | 176 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.45% |
Return on Equity - YTD | 4.41% |
Annual Interest Income | $22.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2022vs Q3 2021 | $942.1MM$853.9MM |
Loans | Q3 2022vs Q3 2021 | $751.8MM$653.6MM |
Deposits | Q3 2022vs Q3 2021 | $760.3MM$750.8MM |
Equity Capital | Q3 2022vs Q3 2021 | $94.4MM$94.9MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $7.1MM$6.6MM |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $5.0MM$6.1MM |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$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 | |
---|---|---|---|---|---|
0.75%* | - | $15k | Reward Savings | ||
OTHER TIERS: 0.25% → $15k+ | |||||
0.10% | - | - | IRA Savings | ||
0.05% | - | - | Regular Shares |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.31%* | $100k* | - | Money Market Deposit Account | ||
OTHER TIERS: 1.06% → $2.5k - $10k | 1.11% → $10k - $25k | 1.21% → $25k - $50k | 1.26% → $50k - $100k |