2019 timeline

1934– 2019 timeline

1934–

In 1934,

1st MidAmerica Credit Union was organized under the name of Western Cartridge Employees Credit Union per suggestion of Founder & President, Franklin W. Olin

Membership was limited to Western Cartridge Company employees.
Started with 35 Charter Members and grew to include 651 that first year.

1934

Copy of Meeting Notes Board of directors

copy of meeting notes 1934

Shows assets of $279,822.36 and personal loans $268,806.54 outstanding

1941

1950

Hits $1 Million Assets

Credit Union has Million in Assets

Celebrates with Banquet 7th intl. credit union day

Changes Name Olin Employees Credit Union

1954

George Burnett Speaks at Credit Union Meeting

1955

Publishes Ad Times Magazine

Credit unions are One of our most beneficial employee activities

Builds 8,000 Square Foot Branch East Alton, Illinois

1965

Onlin Employees Credit Union Picture

Elects Aaron Brown President

Showed assets of $10,292,129 and had 7,703 members

1970

Picture of Aaron Brown

1976

Serves 7,703 Members Employees

Picture of Credit Union Employees

1987

Expands Membership Independence, Missouri

Holds 60th Annual Meeting

Showed assets of $138,000,000 and had 21,344 members

1995

Image of Credit Union Annual Meeting Newspaper Article

Expanded East Alton Branch

1996

Picture of the East Alton Branch

1998

Merges with Alt - Wood Credit Union

Opened doors to Community

Photo of the new branch

1999

Celebrates 65th Anniversary with BBQ Board of Directors

Newspaper Photo of Directors Grilling Hotdogs

Opens Sixth Branch Independence, Missouri

2000

Opens New Headquarters Bethalto, Illinois

2002

Photo of the new branch

2004

Opens New Branch Godfrey, Illinois

2005

Opens New Branch Jerseyville, Illinois

Breaking ground for the new branch

Changes Name 1st MidAmerica Credit Union

2010

Opens New Branch Wood River, Illinois

2011

2014

Merges with Laclede Community Credit Union &
Macon County Schools Credit Union

Opens New Branch Decatur, Illinois

Photo of the new branch

2015

Merges with School District 9 Credit Union

Opens New Branch Granite City, Illinois

Photo of the new branch

Opens New Branch Edwardsville, Illinois

2017

Photo of the new branch

Launches New Website & Mobile App 1st MidAmerica Credit Union

2018

2019

Celebrates 85th Anniversary Board of Directors

The Directors celebrate our anniversary