1St Midamerica Credit Union

Bethalto, IL   |  www.1stmidamerica.org

Mission

The mission of 1st MidAmerica Credit Union is to become the dominant credit union in our field of membership by offering products and services to meet the financial needs of our members while striving to continually exceed member expectations.

Ruling year info

1955

Principal Officer

Alan Meyer

Main address

731 E Bethalto Dr

Bethalto, IL 62010

EIN

37-0580723

NTEE code info

Credit Unions (W61)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

One of the primary functions of the credit union is to extend credit to our members. Over the course of 2019, 13,020 loans were approved, and we extended $242,927,400 to our members.

Expenses
$0
Revenue
$0

Total shares increased 3.81% in 2019, ending the year with a balance of $649,322,318. 1st MidAmerica Credit Union ended 2019 with 68,391 members. Overall membership grew .33%.

Expenses
$0
Revenue
$0

1st MidAmerica Credit Union issued 3,535 certificates of deposit in 2019. The total origination amount of all CD's was $110,096,598.

Expenses
$0
Revenue
$0

Where we work

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Financials

1St Midamerica Credit Union
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Operations

The people, governance practices, and partners that make the organization tick.

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This organization has no recorded board members.