Sep, 30, 2025 — MID AMERICAN CREDIT UNION is a federally insured state chartered credit union headquartered in WICHITA, KS with 9 branch locations and about $501.08 million in total assets. Opened 90 years ago in 1936, MID AMERICAN CREDIT UNION has about 46,606 members and employs 111 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MID AMERICAN CREDIT UNION |
|---|---|
| Address: (Main Office) | 8404 W Kellogg Dr WICHITA, KS 67209-1845 |
| Phone: | (316) 722-3921 |
| Fax: | (316) 722-0920 |
| Website: | https://www.midamerican.coop |
| Branches: | 9 branch locations |
| Members: | 46,606 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65378 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $501,080,299 |
| CEO/Manager: | BRADLEY J HERZET |
| Chairperson: | REBECCA A BOUSKA |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,862,086 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,127,334 |
| Real Estate Loans | 76,859,041 |
| Unsecured Loans | 10,900,852 |
| Other Loans | 366,473,768 |
| TOTAL LOANS | 455,307,328 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,192,671 |
| Land And Building | 9,280,679 |
| Other Fixed Assets | 1,675,279 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,657,506 |
| All Other Assets | 491,478 |
| TOTAL ASSETS | 501,080,299 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1 |
| Notes & Interest Payable | 30,500,000 |
| Accounts Payable & Other Liabilities | 8,720,106 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 58,118,192 |
| Regular shares | 82,578,334 |
| All Other Shares & Deposits | 276,550,298 |
| TOTAL SHARES & DEPOSITS | 417,246,824 |
| TOTAL LIABILITIES | 456,466,931 |
| Regular Reserve | 0 |
| Other Reserves | 2,174,132 |
| Undivided Earnings | 42,439,236 |
| TOTAL EQUITY | 44,613,368 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 501,080,299 |
| INCOME & EXPENSE | |
| Loan Income | 20,470,135 |
| Investment Income | 350,543 |
| Other Income | 3,387,228 |
| Total Employee Compensation & Benefits | 6,785,074 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,012,511 |
| Non-operating Income & (Expense) | -188,142 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,550,907 |
| Cost of Funds | 8,008,774 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,418,532 |
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