Nonprofits1St Midamerica Credit Union

1St Midamerica Credit Union

BETHALTO, IL

Total revenue

$66.8M

Total expenses

$59.1M

Net assets

$112.2M

Grants received

EIN

370580723

Tax year

2024

Mission

The objectives of 1st MidAmerica Credit Union are to know and meet financial needs of our members, to maintain long term financial soundness, to be active in community affairs, and to be a preeminent service provider to our members. We are continually expanding our list of services to better meet the financial needs of our members.

Programs

2 programs

We ended the year with total share balances of $813,214,826. 1st MidAmerica Credit Union ended 2024 serving 63,200 members.

1st MidAmerica Credit Union issued 7,222 certificates of deposit in 2024. The total origination amount of all CD's was $268,628,022.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$59.2M
Investment income$7.6M
Other revenue
Total revenue$66.8M

Expenses

Grants paid
Salaries & benefits$16.0M
Fundraising
Other expenses$43.1M
Total expenses$59.1M
Total assets$1.0B
Net assets$112.2M

People

19 listed

NameRoleCompensation

Alan Meyer

President/CEO

Board

$1.0M

50 hrs/wk

James Cherry

Chief Information Officer

Board

$469K

50 hrs/wk

Robert Blacklock

Chief Financial Officer

Board

$324K

50 hrs/wk

Perry Withers

Chief Lending Officer

Board

$267K

50 hrs/wk

Amber Scott

Chief Experience Officer

Board

$221K

50 hrs/wk

Rosemary Gibson

Chairman

Board

10 hrs/wk

Andrew Macias

Vice Chairman

Board

2 hrs/wk

Chris Greer

Treasurer

Board

2 hrs/wk

Henry Vize

Secretary

Board

2 hrs/wk

Joshua Evans

Director

Board

2 hrs/wk

Timothy Kallal

Director

Board

2 hrs/wk

Rebecca Alexander

Director

Board

2 hrs/wk

Bill Meyer

Director

Board

2 hrs/wk

Lori Artis

Director

Board

2 hrs/wk

Terri Herbstreit

Vice President of Accounting

Staff

$309K

50 hrs/wk

Elysa Robin

VP of Human Resources

Staff

$221K

50 hrs/wk

Brenda Jackson

Vice President Branch Operations

Staff

$178K

50 hrs/wk

Brett Pont

Vice President of Commercial Lending

Staff

$161K

50 hrs/wk

Gary Hoggatt Jr

Vice President of Mortgage Services

Staff

$142K

50 hrs/wk

Details

EIN370580723
Subsection14
Ruling date1955-06
Formed1934
Employees250
Volunteers10
1ST MIDAMERICA CREDIT UNION — Mission, Financials & Grants Received | Grantivo