1st MidAmerica Credit Union Edwardsville IL | Affordable Auto Loans & Mortgage Refinancing

Introduction

At 1st Midamerica, we believe in building strong financial futures for our members. Located at 1702 Troy Rd, Edwardsville, IL 62025, our branch has been serving the community since 1934. With over 63,545 members and total assets exceeding $987 million, we are committed to providing personalized banking solutions that meet your needs. Our team of dedicated professionals is here to guide you through various services including checking and savings accounts, auto loans, mortgages, and business banking options. Under the leadership of our CEO, Alan Meyer, and Board President, Rosemary Gibson, we strive to foster a welcoming environment where everyone feels valued. While you can visit us directly at our Edwardsville location, please direct any official correspondence to our mailing address: 1611 Troy Rd, Edwardsville, IL 62025. With total deposits amounting to $10,607,491 and a robust net worth of $113,567,383, we ensure that your money is safe and working for you. Our cash on hand totals an impressive $9,907,154, allowing us to provide swift support when you need it most. Whether you're looking for a loan or simply want to manage your finances better, we're here to help. Don't hesitate to reach out to us at (618) 258-3168 or explore more about our services on our website at 1st Midamerica. Join us today as we continue to empower our community with reliable financial services!

Branch History & Mission

Commitment to Innovation

As technology continues to advance, so do we. At 1st Midamerica, we offer modern solutions such as online banking and mobile payments to ensure that managing your finances is convenient and secure. Our commitment to ADA compliance ensures that all members can access our services without barriers. Additionally, with features like ATM availability and drive-thru banking options, we provide flexibility tailored to your needs.

Join Us Today!

We invite you to become part of our family at 1st Midamerica. Experience firsthand how our member-focused approach can benefit you and your financial journey. Whether you're looking for personal banking options or business services, we're here for you. Stop by our branch or call us at 618-258-3168 today! Together, let's build a brighter financial future for you and our community.

Our Mission

The mission of 1st Midamerica is simple yet profound: to empower individuals and families through accessible financial services while fostering a spirit of community and support. We believe that everyone deserves the opportunity to achieve their financial goals. Whether it's opening a checking account, securing an auto loan, or planning for retirement, we are here to guide you every step of the way. Our focus extends beyond just numbers; it's about building lasting relationships with our members and supporting local initiatives. We pride ourselves on being more than just a credit union; we are active participants in the Edwardsville community. Through various partnerships and outreach programs, we strive to make a positive impact on the lives of those around us.

Branch Location & Accessibility

Accessibility Features

We take pride in offering a welcoming environment for everyone. Our branch is equipped with ADA-compliant features, including ramps and accessible entrances, making it easy for all members to access our services. Plus, we have ample parking available right outside the building, so you won't have to worry about finding a spot when you visit.

Operating Hours

At 1st Midamerica, we understand that your time is valuable. That's why we offer flexible operating hours to suit your schedule. Our lobby is open Monday through Thursday from 9 AM to 5 PM and Friday from 9 AM to 6 PM. We also welcome you on Saturday from 9 AM to 12 PM. If you're in need of quick transactions or deposits, take advantage of our drive-thru service available Monday through Friday from 8 AM to 6 PM and Saturday from 8 AM to 12 PM.

Services Offered

Our branch is dedicated to providing a variety of financial services designed with your convenience in mind. From personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. We also offer business banking services including merchant services and business loans. Need cash? You'll find an ATM on-site for quick withdrawals or balance checks. Whether you're looking for everyday banking solutions or specialized financial products, our team is ready to assist you every step of the way. We invite you to visit us at the 1st Midamerica Edwardsville Office or call us at 618-258-3168 for any questions. We look forward to serving you soon!

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!

Business Banking & Commercial Services

Lending Options

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.

Merchant Services

In addition to loans, we offer merchant services that simplify payment processing for your business. Picture this: a busy Saturday at your store where customers want to pay using different methods. Our merchant services ensure you can accept card payments smoothly, enhancing customer satisfaction and boosting sales. Located at 1702 Troy Rd Edwardsville Il 62025 in Edwardsville, IL, we're here to help your business thrive. Reach out today at (618) 258-3168 and discover how we can support your financial journey!

Comprehensive List Of Services

Business Banking Support

For local businesses, we offer specialized services like merchant services and business loans. We know how crucial it is for your business to have reliable financial support. Let us partner with you in achieving your business goals.

Credit Cards and Rewards

Who doesn't love earning rewards? Our credit cards with rewards allow you to make purchases while accumulating points for future benefits. It's a smart way to manage spending while being rewarded for it.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking features so you can manage your accounts anytime, anywhere. Need cash on the go? Our ATMs are available for quick access to cash withdrawals and balance checks. Plus, with our mobile payments feature, making transactions has never been easier.

Drive-Thru and Shared Branch Services

For those who prefer in-person interactions, our basic drive-thru banking offers a quick way to handle deposits, withdrawals, and simple transactions without leaving your car. Additionally, if you're a member of a partner credit union, our shared branch services allow you to conduct basic transactions like deposits and withdrawals at our location. At 1st Midamerica, we strive to create an engaging experience for all members by offering personalized assistance every step of the way. Our branch hours are convenient too: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 12 PM. If you're ready to explore what we have to offer or need more information about any of our services, feel free to call us at 618-258-3168 or visit us online at 1st Midamerica. Your financial success is our priority!

Personal Banking Solutions

We understand that managing your finances can be challenging, which is why we offer a variety of personal banking services designed for everyday life. From checking and savings accounts that suit your budgeting style to auto loans and vehicle financing options that help you get on the road, we aim to make banking easy and accessible. If you're considering buying a home, our mortgage loans and refinancing options can guide you through the process with competitive rates. For those unexpected expenses or projects, our personal loans and debt consolidation services provide flexible solutions tailored just for you.

Digital & Online Banking

Key Features

Our online banking includes several features that enhance accessibility and ease of use. If you prefer going paperless, you can opt for e-statements, which are available for all members. This feature not only helps you keep track of your transactions but also reduces clutter at home. For those moments when you need to sign documents quickly, our electronic signature authorization makes it simple and fast. Need to send money to a friend? With our person-to-person transfer option, sending money is hassle-free. Simply enter the recipient's details and complete the transaction right from your phone or computer. And if you're a fan of mobile payments, you'll love our mobile payments feature that lets you make purchases directly from your smartphone.

Stay Connected

Managing your finances has never been easier with 1st Midamerica's digital solutions. Whether you're using our mobile application or accessing online banking services, you're in control of your money at all times. Our commitment to security ensures that all transactions are protected so you can bank confidently. For more information about how to take advantage of these services and more, visit us online 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 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 $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. 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 $5,127,276, 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.

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. We provide flexible terms that fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $84,003,818 provide the capital needed to grow and expand. Whether you need funds for equipment purchases or operational costs, we have tailored solutions just for you.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $27,394,741, making buying or refinancing simple. We are here to guide you through the process and ensure you find the right mortgage solution.

Refinancing Options

If you're interested in refinancing any existing loans for better terms or lower rates, we invite you to explore our options. Our team can help assess your current financial situation and identify opportunities that could save you money. At 1st Midamerica, we prioritize transparency and member satisfaction. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. No matter what your financial goals are, our dedicated team is ready to assist you every step of the way. Visit us today to learn more about how our loan offerings can work for you!

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $36,206,654 in loans helping members manage their finances effectively. With competitive interest rates and various rewards programs available, our credit cards are designed to meet your everyday spending needs.

Loan Aggregator

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1St Midamerica