1ST MIDAMERICA

Headquarters

731 E BETHALTO DR
Bethalto, IL 62010
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.60% 1.15% →
2-Year CD 0.70% 1.26% →
5-Year CD 1.15% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

1st Midamerica is an NCUA insured institution located in Bethalto, IL. It was founded in 1934 and has approximately $738.31 millions in assets.

Who can join?

You are eligible for membership into 1st MidAmerica Credit Union if:

You are related by blood, marriage or adoption to a current member;

You live, work or maintain an address in one of the following counties in Illinois: Madison, Macoupin, Montgomery, Bond, Fayette, Calhoun, Greene, Jersey, Pike, Morgan, Scott, Sangamon, Clinton, Monroe, or St. Clair.

You live, work or maintain an address in Jackson County, Missouri;

You are an employee of a select employee group

NCUA Insured Yes
Charter Number # # 63932
Date Established 1934
Assets $738.31 million
Loans $635.27 million
Deposits $642.72 million
Capital $82.36 million
 

Field of Membership Restrictions

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.

Deposit Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.40% $2,500 $9,999 Learn More
Money Market
0.45% $10,000 $24,999 Learn More
Money Market
0.50% $25,000 $49,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.35% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
18 Mo CD
0.65% $1,000 - Learn More
24 Mo CD
0.70% $1,000 - Learn More
36 Mo CD
0.80% $1,000 - Learn More
48 Mo CD
0.95% $1,000 - Learn More
60 Mo CD
1.15% $1,000 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1,000 $99,999 Learn MoreShow Less

Loan Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1ST MIDAMERICA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to 1ST MIDAMERICA
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are 1st Midamerica branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Midamerica Locations


Financial Details

1st Midamerica Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Midamerica. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
1st Midamerica U.S. Average
16.35% 5.92

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2019, 1st Midamerica had $14,427,204 in non-current loans and $20,000 in owned assets. To cover these potential losses it had $82,355,853 in net worth and $6,023,197 in loans loss reserves. That gives it a Texas Ratio of 16.35%.

Net Worth
1st Midamerica U.S. Average
11.15% 13.86%

1st Midamerica FCU has a net worth of 11.15% versus the BestCashCow average of 13.86. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About 1st Midamerica

Branches and Savings

What is 1st Midamerica?

A federal credit union, registered with the NCUA under certificate #63932.
Learn more about credit unions here.

Is 1st Midamerica FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join 1st Midamerica?

Please see Field of Membership information above for information on who is eligible to join.

What are 1st Midamerica's share account and share certificate rates?

1st Midamerica's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is 1st Midamerica?

1st Midamerica has total capital of $82.36 million. Full information on 1st Midamerica's financial position is located above.

Who owns 1st Midamerica?

Credit Unions are owned by their members.

Where are 1st Midamerica branches located?

See branch locations nearby.

Are 1st Midamerica ATMs Open 24/7?

Do 1st Midamerica ATMs accept cash deposits?

Can 1st Midamerica customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does 1st Midamerica have a mobile app?

Does 1st Midamerica have mobile deposit?

Does 1st Midamerica have quick pay?

How can 1st Midamerica transfer money to other banks or credit unions?

Does 1st Midamerica report to credit bureaus?

Does 1st Midamerica use Chexsystems?

Does 1st Midamerica use Equifax?

What is 1st Midamerica's toll free phone number?

What is 1st Midamerica's ACH Routing Number?

What is 1st Midamerica's SWIFT code?

Where can I find 1st Midamerica's wire transfer form?

What is the 1st Midamerica address for deposits?

What Products Does 1st Midamerica Offer

Does 1st Midamerica offer mortgages?

Compare mortgage rates here.

Does 1st Midamerica offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Midamerica offer auto and RV loans?

Compare auto loan rates here.

Does 1st Midamerica offer student loans or personal loans?

Compare personal loan rates here.

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