Madco Credit Union

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A short history of Madco CU

Since its inception in 1982 the Madco Credit Union has been serving its members in the EDWARDSVILLE, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Alan Meyer, the Madco CU has grown its membership to over 561 with assets of more than $1,727,054. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (618) 656-5735 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in EDWARDSVILLE, IL.

General Information For Madco CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66101
Address 157 N MAIN ST RM 31 
City EDWARDSVILLE 
State Illinois 
Zip-Code 62025
Phone Number (618) 656-5735
Fax Number (618) 656-0061
Email Address: none
CEO/President Alan Meyer
Members 561 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 1,727,054 
Website  

Compare Madco Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Siue CU Main Office 1566 Lewis Rd 62026 (618) 650-3760 No 4.24
1st Midamerica CU East Alton Office 419 N Shamrock St 62024 (618) 258-3168 No 5.41
Scott CU OFallon Branch 712 E Highway 50 62269 (800) 888-4728 No 5.53
B.e.a. CU BEA Credit Union 610 Texas Blvd 62010 (618) 377-3948 No 6.24
Midwest Members CU Midwest Members Federal Credit Union 2813 N Center St 62062 (618) 254-0605 No 6.35

Madco Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Madco Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 4.90 5.90 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 387 432 N/A N/A
Rank Among All Illinois Credit Unions N/A 94 98 N/A N/A

Madco Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 15.00 N/A N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 2 N/A N/A N/A
Rank Among All Illinois Credit Unions N/A 1 N/A N/A N/A
Madco Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.00081158,485
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.900559,952
Used Vehicle Loans 5.90024311,708
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.00024107,210
TOTAL LOANS & LEASES 134637,355

Madco Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 0000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Madco Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program No
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website No