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Filing year 2024

1ST MIDAMERICA CREDIT UNION

Bethalto, Illinois·EIN 37-0580723·14
Total revenue
$66.8M
Total assets
$1B
Total expenses
$59.1M
Reported officers
19
Mission

The mission of 1st MidAmerica Credit Union is to become a dominant credit union in our field of membership by offering products and services to meet the financial needs of our members while striving to continually exceed member expectations.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$1.8M
$1.9M
Base
$552k
Bonus
$171k
Other
$335k
Benefits
$16k
Chief Information Officer
chief information officer
$653k
$690k
Base
$222k
Bonus
$47k
Other
$200k
Benefits
$24k
Vice President of Accounting
vice president
$489k
$516k
Base
$133k
Bonus
$25k
Other
$150k
Benefits
$363
Chief Financial Officer
$433k
$457k
Base
$267k
Bonus
$56k
Other
Benefits
$16k
Chief Lending Officer
officer (unspecified)
$397k
$420k
Base
$221k
Bonus
$45k
Other
Benefits
$15k
Chief Experience Officer
officer (unspecified)
$264k
$279k
Base
$186k
Bonus
$35k
Other
Benefits
$24k
VP of Human Resources
vice president
$249k
$263k
Base
$189k
Bonus
$32k
Other
Benefits
$9k
Vice President Branch Operations
vice president
$212k
$224k
Base
$150k
Bonus
$29k
Other
Benefits
$18k
Vice President of Mortgage Services
vice president
$179k
$189k
Base
$120k
Bonus
$22k
Other
Benefits
$24k
Vice President of Commercial Lending
vice president
$168k
$178k
Base
$148k
Bonus
$13k
Other
Benefits
$926

Teal figures restate each filed amount in 2026 dollars.

Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Down 18%
from 2023

From $2.2M in 2023 to $1.8M in 2024.

$2.2M
2023
$1.8M
2024
In today's dollarsEst.
Down 21% in real terms$2.4M to $1.9M

Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

1ST MIDAMERICA CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$55.7M
$51M
2023
$66.8M
$59.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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