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Organizations 1ST Midamerica Credit Union

1ST Midamerica Credit Union

Fiscal year ending 2019. Filed on November 9, 2020.

731 E Bethalto Dr
PO Box 317
Bethalto, Illinois 62010

1ST Midamerica Credit Union (EIN: 37-0580723) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, 1ST Midamerica Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 302 total employees. Among the employees shown here, the average compensation is $258,408. The highest compensated employee at 1ST Midamerica Credit Union is Alan Meyer with fiscal year 2019 compensation of $727,316.

Revenue, expenses, and employee compensation

Revenue

$46,451,605

Expenses

$42,129,461

Employee compensation

$14,104,918
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alan Meyer
President and Chief Executive Officer
$727,316
$412,444 No related comp$314,872
Robert Blacklock
Senior Vice President of Finance and Chief Financial Officer
$352,258
$234,789 No related comp$117,469
Perry Withers
Senior Vice President of Lending/Clo
$239,039
$207,113 No related comp$31,926
James Cherry
Senior Vice President of It/Cio
$218,263
$169,335 No related comp$48,928
Brenda Jackson
Vice President, Branch Operations
$172,673
$142,674 No related comp$29,999
Jeff Whitaker
Vice President of Commercial Lending
$168,195
$142,664 No related comp$25,531
Amber Scott
Vice President, Marketing
$164,458
$135,561 No related comp$28,897
Donovan Ehrman
Financial Consultant
$155,857
$138,504 No related comp$17,353
Terri Herbstreit
Vice President, Accounting
$127,614
$114,935 No related comp$12,679

Benchmark Employee Compensation

Non-Employee Board Members

Andrew MacIas
Director
Bill Meyer
Director
Chris Greer
Treasurer
Henry Vize
Secretary
Joshua Evans
Director
Rebecca Alexander
Director
Rosemary Gibson
Vice Chair
Theodore Klasner
Chair
Timothy Kallal
Director

Mission Statement

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.

Revisions to this organization profile

November 11, 2025:
2024 1ST Midamerica Credit Union 990 filed
October 31, 2024:
2023 1ST Midamerica Credit Union 990 filed
October 31, 2023:
2022 1ST Midamerica Credit Union 990 filed

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