Program areas at 1st Midamerica Credit Union
One of the primary functions of the credit union is to extend credit to our members. Over the course of 2022, 12,582 loans were approved, and we extended $325,148,016 to our members.
1st MidAmerica Credit Union issued 1,817 certificates of deposit in 2022. The total origination amount of all CD's was $74,047,545.
We ended the year with total share balances of $752,901,001. 1st MidAmerica Credit Union ended 2022 serving 70,443 members.
Personnel at 1st Midamerica Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Alan Meyer | President and Chief Executive Officer | $969,204 | 2022-12-31 |
| Robert Blacklock | Chief Financial Officer and Vice President of Finance / Senior Vice President of Finance and Chief Financial Officer | $470,901 | 2022-12-31 |
| James Cherry | Senior Vice President of It and Chief Information Officer / Vice President of Information Technology | $208,477 | 2022-12-31 |
| Amber Scott | Vice President of Marketing | $154,630 | 2022-12-31 |
| Elysa Robin | Vice President of Human Resources | $192,854 | 2022-12-31 |
| ...and 6 more key personnel |
Financials for 1st Midamerica Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $42,205,766 | $44,939,569 | -6.1% |
| Investment income and dividends | $3,023,244 | $696,784 | 333.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $54,682 | $24,661 | 121.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $45,283,692 | $45,661,014 | -0.8% |
Organizations like 1st Midamerica Credit Union
| Organization | Type | Location | Revenue |
|---|
| ELGA Credit Union | 501(c)(14) | Grand Blanc, MI | $86,734,421 |
| Indiana University Credit Union | 501(c)(14) | Bloomington, IN | $56,693,244 |
| Rogue Credit Union | 501(c)(14) | Medford, OR | $141,160,770 |
| Oklahomas Credit Union | 501(c)(14) | Oklahoma City, OK | $35,089,977 |
| Frontier Credit Union | 501(c)(14) | Idaho Falls, ID | $34,471,344 |
| Decatur Earthmover Credit Union (DECU) | 501(c)(14) | Forsyth, IL | $16,543,031 |
| Cooperative de Ahorro Y Credito de Lares | 501(c)(14) | Lares, PR | $12,301,363 |
| Indiana Members Credit Union | 501(c)(14) | Indianapolis, IN | $148,731,192 |
| Superior Credit Union | 501(c)(14) | Lima, OH | $62,109,509 |
| Meriwest Credit Union | 501(c)(14) | San Jose, CA | $77,350,663 |
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 4 new vendors, including , , , and
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 31, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 731 E Bethalto Dr
- Bethalto, IL 62010
- Metro area
- St. Louis, MO-IL
- County
- Madison County, IL
- Website URL
- 1stmidamerica.org/
- Phone
- (618) 258-3168
IRS details
- EIN
- 37-0580723
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1934
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Independent
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