1st MidAmerica Credit Union Decatur IL | Best Auto Loans & Business Banking

Introduction

Welcome to 1st Midamerica, where your financial well-being is our top priority! Located at 202 E Ash Ave, Decatur, IL 62526, we have been proudly serving our community since 1934. With a strong commitment to our members and a dedication to building lasting relationships, we have grown to support over 63,545 members and manage total assets of $987,546,827. At 1st Midamerica, we understand that financial decisions can be overwhelming. That's why we offer a variety of personal banking services tailored to meet your unique needs. Whether you're looking for checking and savings accounts, auto loans, mortgage refinancing, or even business loans, our knowledgeable team is here to guide you every step of the way. While members can visit us at 202 E Ash Ave, official correspondence should be sent to the same address. Our friendly staff is available to assist you during our lobby hours: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM. You can also reach us by phone at (618) 258-3168 for any inquiries or assistance. Our leadership team, led by CEO Alan Meyer and Board President Rosemary Gibson, is dedicated to ensuring that each member feels valued and heard. Our robust financial health reflects our commitment: with total deposits amounting to $10,607,491 and a net worth of $113,567,383, you can trust that your money is in safe hands. Join us today and experience the difference that comes with being part of a credit union focused on community impact and member satisfaction. For more information about our services or to apply for an account online, visit us at 1st Midamerica. We look forward to welcoming you into our family!

Branch History & Mission

Commitment to Innovation

In today's world, we embrace digital advancements that make banking easier for everyone. Our online and mobile banking platforms offer convenience at your fingertips. With features like electronic signatures and mobile payments available, managing your finances has never been simpler. We also prioritize inclusivity by ensuring ADA compliance in all our facilities so that every member can access our services comfortably.

Community Engagement

Our commitment extends beyond transactions; it's about fostering relationships within the community. Through various outreach programs and partnerships with local organizations, we strive to give back to those who have supported us through the years.

Join Us

As we continue this journey together with our members in Decatur and beyond, we invite you to become part of the 1st Midamerica family. Experience firsthand the benefits of being a member of a credit union that truly cares about your financial well-being. Call us at 618-258-3168 or visit us during our operating hours: Monday-Friday from 9 AM to 5 PM and Saturday from 9 AM to 12 PM for lobby services; drive-thru hours extend until 6 PM on weekdays. Let's build your future together!

Our Journey

From humble beginnings to becoming a trusted financial institution, our history reflects our commitment to excellence and community service. Since opening in 1934, we've expanded our services and membership base while maintaining our core values of integrity and support. We strive to be more than just a credit union; we aim to be a partner in our members' financial journeys.

Our Mission

At 1st Midamerica, our mission is clear: we exist to enhance the lives of our members through exceptional financial services and unwavering community support. We believe that everyone deserves access to financial resources that empower them to reach their goals be it homeownership, education funding, or business ventures. We stand by this mission with every loan we approve and every member interaction we have. While members can visit us at 202 E Ash Ave, official correspondence should be sent to 202 E Ash Ave, Decatur, IL 62526. We are dedicated to providing top-notch services, including personal banking options like checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking solutions.

Branch Location & Accessibility

Get in Touch

If you have any questions or need assistance before your visit, don't hesitate to give us a call at (618) 258-3168. We look forward to welcoming you at the 1st Midamerica Decatur Office your trusted partner in financial success!

Nearby Landmarks and Accessibility

Nestled in the heart of Macon County, our branch is just a stone's throw away from popular spots like the Decatur Civic Center and Scovill Zoo, making it a convenient stop during your day out. We have ample parking available for those who drive, and our facility is fully ADA-compliant with ramps and accessible entrances, ensuring that everyone can visit us with ease.

Operating Hours and Services

We understand that life gets busy, so we've tailored our operating hours to fit your schedule. Our lobby is open Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to noon. For those who prefer the drive-thru, we're here for you Monday through Friday from 8 AM to 6 PM and Saturday from 8 AM to noon as well. At the 1st Midamerica Decatur Office, we offer a wide array of services designed to meet your financial needs. From personal banking options like checking and savings accounts to auto loans, mortgages, and credit cards with rewards our knowledgeable staff is ready to assist you every step of the way. We also provide ATM access and basic drive-thru banking services for quick transactions on the go. Plus, if you're a member of another participating credit union, feel free to take advantage of our shared service center for basic transactions!

Member Eligibility

At 1st Midamerica, we believe that becoming a member is like stepping into a welcoming family where your financial well-being is our priority. If you're interested in joining us at our Decatur location, it's quite simple! To be eligible, you just need to live, work, or go to school in the communities we serve. We're dedicated to supporting everyone in our area, and we want to help you achieve your financial goals. For more detailed information about eligibility requirements, feel free to check out our website at . Once you're ready to take the next step, opening an account with us is easy. Just visit our account opening page at http://www.1stmidamerica.org/loans/loan-services/apply-now or give us a call at (618) 258-3168 if you have any questions. We're here for you and excited to welcome you into the 1st Midamerica community!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine a busy Saturday where customers line up at your store. With our reliable payment solutions, you can process transactions quickly and securely, ensuring customer satisfaction and streamlining your operations. If you're ready to take your business to the next level, visit us at 202 E Ash Ave Decatur Il 62526 in Decatur, IL, or call us at (618) 258-3168. Let's work together to make your business goals a reality!

Supporting Your Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $511 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $24 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $84,003,818, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

If you're a business owner, our Business Banking services are designed to meet your needs. From Merchant Services that simplify payment processing to Business Loans that can help expand your operations, we're committed to supporting local businesses in Decatur and beyond.

Credit Cards and Rewards

With our Credit Cards with Rewards, you can earn points on every purchase, giving you even more reasons to choose us for your everyday spending.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. You can make deposits, transfer funds, and check balances right from your smartphone or computer. Plus, with our ATM & Cash Withdrawal Services, accessing cash has never been easier.

Drive-Thru and Shared Branch Transactions

Our branch includes a convenient Drive-Thru Banking option for simple transactions like deposits and withdrawals without leaving your car. We also participate in shared branching so members of partner credit unions can conduct basic transactions at our location. Feel free to reach out if you have questions about any of our services or need assistance! You can contact us at 618-258-3168 or visit us online at 1st Midamerica. We look forward to helping you achieve your financial goals!

Personal Banking Solutions

We offer various Personal Banking options to help you manage your money effectively. Our Checking & Savings Accounts are designed with your lifestyle in mind, making it easy for you to access funds whenever you need them. If you're in the market for a new vehicle, our Auto Loans & Vehicle Financing services provide competitive rates and flexible terms, ensuring you can drive away with confidence. For those looking to purchase a home or refinance an existing mortgage, we offer Mortgage Loans & Refinancing solutions tailored to fit your budget and goals. Additionally, our Personal Loans & Debt Consolidation options can help simplify your finances by combining multiple debts into one manageable payment.

Digital & Online Banking

Key Features

Our online banking platform allows you to view balances, pay bills, and transfer money with just a few taps. Plus, with electronic signature authorization, signing important documents has never been easier or more secure. You can also opt for e-statements to keep track of your finances without the clutter of paper. If you're someone who loves making payments on the go, you'll appreciate our mobile payments feature. You can quickly send money to friends and family using our person-to-person transfer service no need for cash or checks! And don't forget about our user-friendly mobile application; it puts all these features right at your fingertips.

Security and Accessibility

Security is a top priority for us. Our online banking systems use advanced encryption technology to ensure that your personal information remains safe. You can manage your accounts in real-time, giving you peace of mind as you navigate your financial journey. At 1st Midamerica, we strive to make banking as accessible as possible. With our easy-to-use digital tools and supportive customer service team, we're here to help you every step of the way. Whether you're checking balances during lunch or transferring funds while waiting in line, our digital banking options are designed with your lifestyle in mind. Explore all that digital banking has to offer at https://www.1stmidamerica.org today!

Financial Strength

At 1st Midamerica, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that you want to know your money is safe and that your credit union is strong enough to support your financial needs. That's why we're proud to share some insights into our financial health, sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $113,567,383, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,148 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $264,000,869 in share certificates and $84,078,924 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $4,015,859, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our robust performance is further reflected in our $103,606,020 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $67,632 in used auto loans and $824,947,320 in total loans and leases, our lending capacity supports members' financial goals across various sectors. We also take pride in having 161 full-time employees and 18 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our $5,127,276 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. Total Share Accounts: 117,316, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, 1st Midamerica is your trusted partner. Visit us at 202 E Ash Ave Decatur Il 62526 or call (618) 258-3168 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $298,467,346 in used vehicle loans and $106,144,539 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used option, we've got you covered with flexible terms that suit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $84,003,818 provide the capital needed to grow and expand your business. We understand the challenges entrepreneurs face and aim to support local businesses with financial solutions tailored for success. At 1st Midamerica, we believe that everyone deserves access to financial resources that empower them. For more information about our loan products or if you're interested in exploring refinancing options, please contact us at (618) 258-3168 or visit us at 202 E Ash Ave Decatur Il 62526 in Decatur, IL. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let's work together to make your financial dreams a reality!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $27,394,741, designed to fit your unique needs. If you're considering refinancing, we also provide tailored solutions that could save you money in the long run.

Unsecured Credit Card Loans

Managing day-to-day expenses can be tricky, but our unsecured credit card loans are here to help. With a total of $36,206,654 in loans assisting members effectively manage their finances, you can enjoy flexibility and ease with every transaction.

Loan Aggregator

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1St Midamerica