Credit union
1st Midamerica Credit Union
Bethalto, Illinois, Madison County, IL
$1.0B in total assets and 64,586 members, the 475th largest of 4,298 US credit unions and 14th of 173 headquartered in Illinois.
- NCUA charter
- 63932
- Charter
- State chartered (IL)
- Chartered
- 1934
- NCUA insured since
- 1977
- Low-income designation
- Yes
- Website
- http://www.1stmidamerica.org
At a glance
Compared with 11 federally insured credit unions in Illinois with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.0B | 2% | $2.3B | |
| Loans | $858M | 9% | $1.9B | |
| Deposits (shares) | $868M | 2% | $2.0B | |
| Members | 64,586 | 9% | 131,312 | |
| Return on assets | 1.22% | 82% | 0.74% | |
| Net interest income to assets | 3.93% | 98% | 3.34% | |
| Efficiency ratio | 70.3% | 54% | 69.7% | |
| Net worth ratio | 13.33% | 98% | 10.14% | |
| Loans to shares | 99% | 82% | 87% | |
| Cost of deposits | 1.59% | 27% | 2.00% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 4.2% a year over 10 years and 3.1% a year over the last 5, including 3 mergers in the last 10 years. Membership fell 1.0% a year over 5 years, to 64,586.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Aug 2019 | Antioch MB Federal Credit Union Credit union, Decatur, IL | $96K |
| Jan 2018 | Operating Engineers Local #148 Credit Union Credit union, Granite City, IL | $16M |
| Sep 2017 | Madco Credit Union Credit union, Edwardsville, IL | $2M |
| Feb 2015 | School District #9 Credit Union Credit union, Granite City, IL | $7M |
| Aug 2014 | Macon Co School Employees Federal Credit Union Credit union, Decatur, IL | $8M |
| May 2014 | Laclede Community Credit Union Credit union, Alton, IL | $65M |
| Dec 2011 | Madco Postal Federal Credit Union Credit union, Bethalto, IL | $515K |
| Jun 2011 | Alton Area Employees Federal Credit Union Credit union, Alton, IL | $5M |
Where they operate
10 branches in 4 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Madison County, IL | 7 | 6.4% | 4 of 34 |
| Jersey County, IL | 1 | 12.5% | 2 of 7 |
| Macon County, IL | 1 | 1.9% | 13 of 22 |
| Jackson County, MO | 1 | 0.5% | 36 of 65 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 12 | |
| 2017 | 13 | +1 |
| 2018 | 12 | −1 |
| 2019 | 11 | −1 |
| 2020 | 11 | 0 |
| 2021 | 11 | 0 |
| 2022 | 10 | −1 |
| 2023 | 10 | 0 |
| 2024 | 10 | 0 |
| 2025 | 10 | 0 |
| Jun 2026 | 10 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 2.01% | 0.86% |
| Net worth ratio | 13.33% | 10.14% |
| Loans to shares | 99% | 87% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Illinois
Most branches in Madison County, IL
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.