Sep, 30, 2025 — MIDWEST MEMBERS CREDIT UNION is a federally insured state chartered credit union headquartered in WOOD RIVER, IL with 3 branch locations and about $211.30 million in total assets. Opened 91 years ago in 1935, MIDWEST MEMBERS CREDIT UNION has about 17,618 members and employs 50 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MIDWEST MEMBERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 Wesley Dr. WOOD RIVER, IL 62095 |
| Phone: | (618) 254-0605 |
| Fax: | (618) 254-9219 |
| Website: | https://www.midmembers.org |
| Branches: | 3 branch locations |
| Members: | 17,618 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68684 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $211,300,928 |
| CEO/Manager: | Louis Bicanic |
| Chairperson: | Gerard Jacquin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 35,763,462 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 22,314,755 |
| Unsecured Loans | 7,562,265 |
| Other Loans | 126,017,392 |
| TOTAL LOANS | 155,894,413 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,242,167 |
| Land And Building | 4,193,377 |
| Other Fixed Assets | 318,177 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,733,557 |
| All Other Assets | 0 |
| TOTAL ASSETS | 211,300,928 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 65,276 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,479,511 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 33,683,189 |
| Regular shares | 75,803,461 |
| All Other Shares & Deposits | 73,948,447 |
| TOTAL SHARES & DEPOSITS | 183,435,097 |
| TOTAL LIABILITIES | 184,979,884 |
| Regular Reserve | 0 |
| Other Reserves | -877,288 |
| Undivided Earnings | 27,198,332 |
| TOTAL EQUITY | 26,321,044 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 211,300,928 |
| INCOME & EXPENSE | |
| Loan Income | 6,289,198 |
| Investment Income | 1,226,112 |
| Other Income | 945,967 |
| Total Employee Compensation & Benefits | 2,196,407 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,717,272 |
| Non-operating Income & (Expense) | -65,279 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 589,763 |
| Cost of Funds | 1,440,872 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,785,287 |
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