1ST Midamerica Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by CUHub
Review based on 12 criteria Rating: 3 out of 5

731 E Bethalto Dr, Bethalto, IL 62010

Website

(618) 258-3168

Data Source: NCUA, December 31, 2016


1ST Midamerica Credit Union was founded in 1934. Headquartered in Bethalto, Illinois, 1ST Midamerica Credit Union is a state chartered and federally insured credit union, being chartered in Illinois and insured through the National Credit Union Share Insurance Fund (NCUSIF). 1ST Midamerica Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, 1ST Midamerica Credit Union services 61,030 members through its 12 offices and branches and 180 full-time and 33 part-time employees. It has $671,944,440 of total assets and $70,969,949 of net worth. Based on its asset size and net worth ratio, 1ST Midamerica Credit Union is classified as a Well Capitalized large credit union.

1ST Midamerica Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. 1ST Midamerica Credit Union also provides an array of services to its members and local communities. 1ST Midamerica Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of 1ST Midamerica Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Illinois and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Illinois
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.0500
0.1500
0.1200
Money Market
0.4000
0.2500
0.2500
Certificate Deplit
1.0000
0.4600
0.5800
IRA
1.0000
0.4000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Illinois
National Median Rates
Credit Cards
9.9000
10.2500
9.9900
Unsecured Line of Credits
10.7000
11.0000
10.9500
Short-term Small Amount
n/a
25.0000
25.0000
Student Loans
n/a
6.5100
6.0200
New Car Loans
2.4900
3.0000
3.3300
Used Car Loans
2.4900
4.2600
4.5000
1st Mortgage Real Estates
3.3800
4.0000
4.2500
Other Real Estates
4.3800
4.3800
4.7000

1ST Midamerica Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by 1ST Midamerica Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
Yes
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
Yes

As a community financial institution, 1ST Midamerica Credit Union actively involves in local communities by prliding services such as financial counseling , financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Bethalto 111 Office
301 Mechanical Dr
East Alton, IL 62024
Phone:618-258-3168

Bethalto 140 Office
Main Office

731 E Bethalto Dr
Bethalto, IL 62010
Phone:618-258-3168

Broadway Office
3401 E Broadway
Alton, IL 62002
Phone:618-258-3168

College Office
3553 College Ave
Alton, IL 62002
Phone:618-258-3168

Decatur Office
202 E Ash Ave
Decatur, IL 62526
Phone:618-258-3168

East Alton Office
419 N Shamrock St
East Alton, IL 62024
Phone:618-258-3168

Edwardsville Office
1611 Troy Rd
Edwardsville, IL 62025
Phone:618-258-3168

Godfrey Office
5301 Godfrey Rd
Godfrey, IL 62035
Phone:618-258-3168

Granite City Office
3361 Fehling Rd Ste 7
Granite City, IL 62040
Phone:618-258-3168

Independence Office
19301 E Valley View Pkwy
Independence, MO 64055
Phone:800-345-4216

Jerseyville Office
300 W County Rd
Jerseyville, IL 62052
Phone:618-258-3168

Wood River Office
1795 E Edwardsville Rd
Wood River, IL 62095
Phone:618-258-3168

(618) 258-6003

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  1. Cuhub Staff
    Cuhub Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:25 pm

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