1st MidAmerica Credit Union

Profile narrative

1st MidAmerica Credit Union, also known as MACU, is a credit union headquartered in the United States of America. As a credit union, it provides financial services to its members, who share a common bond such as employment, residence, or association. Typical offerings include savings accounts, checking accounts, various loan products (personal, auto, mortgage), and other financial tools. The institution operates on a not-for-profit basis, returning earnings to members in the form of better rates or lower fees. Its primary market consists of individuals and families eligible for membership within its defined field of membership. Services are delivered through branch locations, online banking platforms, and third‑party service providers.

As a credit union, MACU operates under a member‑owned cooperative model in which each member holds an equal voting right. This structure distinguishes it from for‑profit banks and aligns its incentives with the financial well‑being of its members. Credit unions in the United States are subject to oversight by federal or state regulators, with the National Credit Union Administration supervising federally chartered institutions. The August 2025 incident revealed that MACU relies on third‑party vendors for certain technology services, as the breach originated at Marquis Software Solutions. The exposure of members’ names and Social Security numbers prompted the credit union to notify affected individuals and to engage the law firm Edelson Lechtzin LLP to investigate potential claims.

Incidents

1 incident linked to this organisation.