Member Eligibility
Becoming a member of 1st Midamerica is like stepping into a community that genuinely cares about your financial well-being. If you're looking to join us at our Edwardsville branch located at 1702 Troy Rd Edwardsville Il 62025, you'll be pleased to know that membership is open to individuals who live, work, worship, or attend school in certain areas. Our friendly team is dedicated to making the process easy and welcoming. Once you meet the eligibility criteria, which you can learn more about by visiting this link:, opening an account is straightforward and can be done online or in person. At 1st Midamerica, we believe that everyone deserves access to quality financial services. Joining us not only grants you access to a variety of banking products like checking accounts, loans, and credit cards but also connects you with a supportive community where your voice matters. If you have any questions or need assistance along the way, feel free to call us at (618) 258-3168. We're excited to welcome you into our family!
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 finances are in safe hands, and we are proud to share our strong financial foundation with you. Performance insights and financial data are 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 11.48% 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. With $103,606,020 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. We are committed to helping you achieve your financial goals; this is reflected in our impressive lending capacity of $67,632 in used auto loans and $824,947,320 in total loans and leases. Our operational efficiency shines through with a net income of $1,221,150, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 161 full-time employees and 18 part-time employees ready to serve you with knowledge and commitment. Net Shares (Funds available for lending and investments): $0. Total Share and Deposit Accounts: 117,316, showing a strong and growing member base that trusts us with their finances. 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 1702 Troy Rd Edwardsville Il 62025 or call (618) 258-3168 to learn more about how we can help you achieve your financial goals.
