Midwest Members Credit Union Wood River IL | Affordable Auto Loans & Personal Banking

Introduction

Welcome to Midwest Members, your trusted financial partner located right in the heart of Wood River, IL. Since our establishment in 1935, we have proudly served our community with a commitment to member-focused banking. With over 20,000 members and total assets exceeding $199 million, we are dedicated to providing exceptional services tailored to meet your financial needs. At our branch on 101 Wesley Dr, Wood River, IL 62095, you can expect a warm welcome and personalized attention from our experienced staff. Whether you're looking for checking and savings accounts, auto loans, or mortgage refinancing options, we have the resources to support you. As part of our community commitment, we also offer business banking solutions designed to help local businesses thrive. While members can visit us at the branch for all their banking needs, any official correspondence should be sent to the same address: 101 Wesley Drive, Wood River, IL 62095. Our financial health speaks volumes about our reliability: we boast a net worth of $24 million and total deposits amounting to $23.67 million. Plus, with 45 dedicated employees led by CEO Louis Bicanic and Board President Gerard Jacquin, we're here to ensure that your experience is smooth and fulfilling. Feel free to reach out to us at (618) 254-0605 or explore more about what we offer at midmembers.org. We invite you to visit our branch or give us a call today! Let's work together toward achieving your financial goals.

Branch History & Mission

Midwest Members has a rich legacy that dates back to its founding in 1935. Located at 101 Wesley Dr, Wood River, IL 62095, this branch has been a cornerstone of the community for nearly nine decades. As we've grown, so has our commitment to providing exceptional financial services and support to our members. Today, Midwest Members proudly serves over 20,000 members and manages total assets of approximately $199 million. Our journey began with a simple mission: to help individuals and families achieve their financial goals while fostering a sense of community. From humble beginnings, we have evolved into a trusted partner for personal banking, auto loans, mortgages, and much more. Whether you're visiting us at our branch or using our online services, we're dedicated to making your banking experience straightforward and accessible. At Midwest Members, our mission is clear: we strive to provide personalized financial solutions that empower our members. We understand that each member's needs are unique, which is why we offer tailored services ranging from checking and savings accounts to business banking solutions. Our focus extends beyond just transactions; we aim to build lasting relationships with every member who walks through our doors. While you can find us at our main address in Wood River, official correspondence should be sent to the same location: 101 Wesley Drive, Wood River, IL 62095. Our operating hours are designed with your convenience in mind: Monday through Thursday from 8:00 AM to 5:00 PM, Friday until 6:00 PM, and Saturday mornings until noon. In addition to our physical presence, we embrace digital advancements that ensure ease of access for all members. With features like online banking and mobile payments available, managing your finances has never been easier. We also take pride in being ADA compliant to ensure everyone can enjoy our services comfortably. Community outreach is integral to who we are. We actively engage in partnerships with local organizations and initiatives that uplift our neighbors and strengthen the fabric of Wood River. By supporting local events and programs, we aim not only to serve but also to enrich the lives of those around us. We invite you to join the Midwest Members family today! Experience firsthand the benefits of being part of a credit union that puts its members first. For more information or assistance in becoming a member, feel free to call us at 618-254-0605 or visit our website at midmembers.org. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility and Parking

We understand that accessibility is important for all our members. Our branch features ADA-compliant entrances and ramps, ensuring everyone can easily access our services. Plus, we offer ample parking space right outside the building, so you won't have to worry about finding a spot.

Contact Us

Have questions or need further assistance? Don't hesitate to reach out! You can call us at 618-254-0605. We're always happy to help. Whether you're already a member or considering joining us, we invite you to visit our Wood River office today!

Operating Hours

We are here for you during convenient hours. Our lobby is open Monday through Thursday from 8:00 AM to 5:00 PM, Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM. Whether you're looking to open an account or need assistance with a loan, our friendly staff is ready to help you during these times.

Services Offered

At Midwest Members, we provide a variety of banking services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. You can also take advantage of our drive-thru banking for quick deposits and withdrawals without leaving your vehicle. With ATM access available on-site, you can easily manage your cash anytime.

Member Eligibility

At Midwest Members, we believe that everyone deserves a chance to be part of a supportive financial community. Becoming a member is simple and welcoming! If you live, work, or worship in the area around 101 Wesley Dr Wood River Il 62095, or are related to someone who does, you're likely eligible to join us. We welcome individuals from all walks of life, making it easy for you to start enjoying the benefits of membership, which include competitive rates on loans and personalized service tailored just for you. For more detailed eligibility information, feel free to check out our website at http://www.midmembers.org/services/online-services/membership-application. Opening an account is just as easy! You can start your journey with us by visiting our online application page at https://online.midmembers.org/tob/live/usp-core/app/register or give us a call at (618) 254-0605 if you have any questions. We're excited to help you take this step towards better banking!

Business Banking & Commercial Services

Merchant Services That Matter

Imagine running your business with ease, knowing that your payment processing is handled smoothly. Our merchant services help you accept payments effortlessly, whether in-store or online. This means more time focusing on what you do best growing your business. Visit us at 101 Wesley Dr Wood River Il 62095 in Wood River, IL, or call us at (618) 254-0605 to learn more about how our business banking and commercial services can fuel your ambitions!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $11 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $574,665, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

For small business owners, we offer comprehensive Business Banking solutions including merchant services and business loans. We know that running a business comes with its unique set of challenges, and we're dedicated to providing personalized service that helps your venture thrive.

Convenient Digital Access

In today's fast-paced world, convenience is key. Our Online & Mobile Banking features allow you to manage your accounts anytime and anywhere. You can pay bills, transfer funds, and check balances right from your smartphone or computer. Plus, our ATMs and drive-thru banking services provide easy access for quick transactions like deposits and withdrawals. At Midwest Members, we pride ourselves on offering more than just financial products; we deliver personalized service tailored to meet the needs of our members in Wood River and beyond. If you have questions or want more information about any of these services, don't hesitate to reach out! Call us at 618-254-0605 or visit us at our branch. Your financial journey starts here let's take it together!

Credit Cards

Our Credit Cards with Rewards are designed for those who want more from their spending. With attractive rewards programs, you can earn points on everyday purchases that can be redeemed for travel, merchandise, or cash back. It's not just about making payments; it's about making those payments work for you!

Home Ownership

Owning a home is an important milestone for many. Our Mortgage Loans & Refinancing services are tailored to help you navigate this significant investment. We offer various mortgage products that cater to different financial situations, so whether you're buying your first home or looking to refinance an existing mortgage, we've got your back.

Personal Banking

We understand that managing your finances can sometimes feel overwhelming. That's why we offer Personal Banking services, including checking and savings accounts, designed to help you save for future goals or manage daily expenses with ease. Whether you're opening your first account or looking for ways to maximize your savings, our friendly staff is here to guide you through every step.

Personal Loans

If you're facing unexpected expenses or planning a big purchase, our Personal Loans & Debt Consolidation options can provide the financial relief you need. Think about how much easier life could be if you could consolidate debts into one manageable payment we're here to help make that happen.

Vehicle Financing

Dreaming of a new car? Our Auto Loans & Vehicle Financing options make it simple for you to get behind the wheel. With competitive rates and flexible terms, we aim to make the car-buying process straightforward and stress-free. Imagine driving off the lot knowing you secured a great deal with our support!

Digital & Online Banking

Explore Our Online Services

With just a few clicks at https://www.midmembers.org:443/, you can access your accounts anytime, anywhere. Our 24/7 online banking services allow you to check balances, transfer funds, and pay bills without stepping foot in a branch. Plus, if you ever need to send money to a friend or family member, our person-to-person transfer feature makes it easy and fast.

Manage Your Accounts Effortlessly

Say goodbye to paper clutter! With e-statements available, you can receive and review your financial statements electronically saving trees and reducing hassle. Our mobile payments feature allows you to make quick purchases right from your smartphone. Whether you're looking to deposit checks or check your account balance, managing your finances has never been easier or more accessible. Join us at Midwest Members today and discover how our digital banking solutions can work for you!

Security You Can Trust

Your security is our top priority. We offer electronic signature authorization for secure transactions, ensuring that your sensitive information stays protected. Additionally, our mobile application lets you manage your finances on the go while keeping your data safe.

Financial Strength

Growing Member Base

Total Share Accounts stand at 33,671, showing a strong and growing member base that trusts us with their finances. Our net shares available for lending and investments amount to $8,386,534. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Midwest Members is your trusted partner. Visit us at 101 Wesley Dr Wood River IL 62095 or call 618-254-0605 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $34,989,929 in share certificates and $21,975,849 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our net income of $0, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 43 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Reinvesting for Your Benefit

With $23,611,667 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $73,473 in used auto loans and a total of $153,091,556 in loans and leases.

Solid Financial Foundation

With a net worth of $24,291,650, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.17% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $85,691,860 in used vehicle loans and $33,420,664 in new vehicle loans already helping members get on the road. We make it easy for you to finance your next vehicle, whether it's brand new or gently used.

Business Loans

For business owners, our outstanding commercial loans totaling $574,665 provide the capital needed to grow and expand. We know how crucial it is for businesses to have access to funding during critical times. If you're interested in any of these loan products or would like more information about refinancing options or eligibility requirements, please don't hesitate to reach out. You can contact us at 618-254-0605 or visit us at 101 Wesley Dr Wood River IL 62095. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We look forward to helping you achieve your financial dreams!

Credit Lines

For those who need ongoing access to funds, our total credit lines amount to $23,570,209. This option provides the flexibility to borrow what you need when you need it.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $3,179,583, make buying or refinancing simple. We provide various options to help you secure a mortgage that suits your budget and lifestyle.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $4,146,374 in loans helping members manage their finances effectively. These credit cards are designed for convenience and accessibility, allowing you to take control of your spending without collateral.

Loan Aggregator

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How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to sourcing data from credible institutions ensures that users receive fair and transparent offers.

Midwest Members