-ANNUAL REPORT- This Credit Union 1s federol ly insured by the Notional Credit Union Administrotion.

-ANNUAL REPORT- This Credit Union 1s federol ly insured by the Notional Credit Union Administrotion.

BOARD The Board of Directors of MidWest America Federal Credit Union consists of nine volunteers, all members of the Credit Union. Their function is to develop, review, and monitor the policies and practices in relation to the performance of the Credit Union. N. Keith Parrot Darrell Gerig Dennis Headlee Chairman Vice Chairman Treasurer Jeff Klaehn Jim Brenock Jayne Krauskopf Secretary Director Director Larry Minns Emmitt Smith Jim Zehner Director Director Director Board of Directors I 2017 Annual Report

PRESIDENT/CEO'S l~l3l 1 l~1- MidWest America Federal Credit Union has a long history of providing solid financial results for its members and 2017 was no exception. It is my pleasure to provide the members of MidWest the excellent financial results of the previous year. In 2017, our Credit Union achieved new highs in shares, loans, assets, and capital. Total shares were up 2.67% at $469.9M. Loan amounts rose 9.01% to a total of $469.4M. Assets increased 4.72% to end the year at $575M. Our capital ratio grew 1.2% to a total of 13.9%, which represents actual capital dollars of $79.2M. Even with significant increases across the board, we remain determined to be good stewards of our members funds. As a result, we were able to reduce our operating expense ratio from 71.94% to 70.32%. The primary mission of the Credit Union is to obtain member deposits (shares) and prudently loan them to other members. As noted above, our 2017 total deposits were $469.9M and total loans were $469.4M. Responsible lending is the most effective use of member deposits. At year end, our combined charge off and delinquency ratio was well below industry average at.49%. Our sustained consistent results are the combination of many strategies. We look to diversify our mixture of loans and revenue streams. Also, we will market and deliver quality products through multiple channels and maintain excellent service to our members. The combined efforts of our outstanding staff, management, Supervisory Committee, and Board of Directors make this possible. Thank you to our members who allow us to serve their financial needs. We pledge to continue our efforts on their behalf in 2018 and beyond! Greg Mohr President/CEO ----- ----- IN LOVING MEMORY DAWNE. BLEEKE JUNE 21, 1962 ~ NOVEMBER 20, 2017 THANK YOU FOR 28 YEARS OF SERVICE ----- ----- President/CEO's Report I 2077 Annual Report r I / 2'""',,,~ ~ ~ j ~,,,,,.. u,,'~

CHAIRMAN'S.f_1POirf 2017 was a year of growth for your Credit Union with a focus on providing value to the membership through the execution of long-term strategic goals. MidWest America works diligently to provide enhancements to your Credit Union experience. New tools with additional security and convenience are planned for 2018. This strategic direction ensures MidWest America will be here for generations to come planning ahead toward a strong financial future. Again this year, MidWest America was named #1 Credit Union by Fort Wayne Newspaper s readership. In addition, we continue to earn the 5-Star Superior rating for financial strength and stability from BauerFinancial. This independent bank and credit union rating and research firm rates banks and federally insured credit unions on a scale of 5-Stars (highest) to 0-Stars (lowest). The ranking is based on the overall financial picture of the institution and a score of 5-Stars indicates that we are one of the strongest financial institutions in the nation. Community is important to us and we remain committed to providing support through local sponsorships and volunteerism. From our sponsorship of local arts with the Fort Wayne Embassy Theatre to involvement in our smaller communities (Mattoon s Habitat for Humanity, Danville s Community Shred Day, Scottsville s Grandest Ole Opry, and Hopkinsville s Christmas Parade), MidWest America strives to exemplify our core value of helping the community with #MidWestGivesBack initiatives. Introduced in 2017, the Affinity Visa Debit Card Program allows us to give back in a greater way. Visa pays financial institutions interchange fees for transactions made using their card. MidWest gives a portion of that interchange to our partner organizations with each purchase made using an Affinity card. This is a win-win situation for both the organization and the Credit Union. While partners benefit by earning proceeds, MidWest America has the opportunity to become the financial institution of choice for future members who wish to give back to the community all while doing their everyday banking! There will only be more good news to share as the momentum for this program continues to build. MidWest stays true to its mission of providing competitive, quality services for our members financial success. I would like to salute the Board of Directors and the Supervisory Committee. Their volunteerism is fueled by a passion to provide you with a superior financial cooperative. While I will be stepping down as Chairman of the Board, I am proud to continue working alongside these dedicated individuals as we oversee the management of the Credit Union. I would also like to thank each MidWest employee for another amazing year! Your efforts have made our goals possible. Finally, with sincere appreciation I would like to acknowledge our membership. Our Credit Union exists solely to enhance our member s financial lives and we cannot grow and prosper without your active participation. N. Keith Parrot Chairman Chairman's Report I 2017 Annual Report

SUPERVISORY COMMITTEE'S f~_2pr ftf The Supervisory Committee is responsible for the continual review of all the Credit Union s activities, the assessment of the credibility of the record-keeping, and the protection provided to member s accounts. It is our mission to maintain the membership s trust and confidence by assuring the Credit Union s strength and security. The annual audit of MidWest America Federal Credit Union for 2017 was completed by the firm Clifton Larson Allen LLP, certified public accountants. The audit report did not disclose any material discrepancies and indicated the Credit Union s records were being properly maintained in accordance with federal credit union guidelines. Please continue to report any discrepancies or irregularities in your account transactions to the Supervisory Committee. The volunteer members of the Supervisory Committee, along with our Internal Auditors, Amy Heltzel and Tierra Williams-Dial, pledge to stay alert and respond to your concerns in 2018. We wish to thank the membership for their involvement and support throughout the year with MidWest America Federal Credit Union. Respectfully submitted, The Supervisory Committee Regina Cartwright, Chairperson Joseph Celarek Douglas Mills Kenneth Roehrs Douglas Routh Supervisory Committee's Report I 2017 Annual Report r I ~'4''""",,,~ ~ i j "',,,,,.u,,,,.:,,

Assets Loans Less Allowance for Loan Loss Cash in Bank Certificates of Deposit Government Securities Membership Shares Corporate Investment Account Insurance Capitalization Deposit Furniture & Equipment Computer Telephone System Land Buildings Other Assets Accrued Income Accounts Receivable 2017* $469,458,899 (2,484,000) 23,566,859 43,405,000 11,922,248 2,200,397 260,066 4,820,847 1,517,522 637,544 10,564 4,575,603 5,418,110 966,739 1,211,106 7,551,042 2016 $430,644,893 (2,326,000) 27,042,169 53,607,000 11,467,564 2,263,172 319,884 4,661,685 1,332,751 341,293 17,058 4,474,927 5,726,909 883,978 1,128,113 7,516,839 $497M $521M $435M $412M $413M $458M $470M Total Assets $575,038,546 $549,102,235 Liabilities Accounts Payable Dividends Payable Taxes Payable Accrued Expense Total Liabilities $24,912,079 434,986 1,284 537,746 $25,886,095 $16,742,790 475 337 655,313 $17,398,915 $469M Equity Shares IRAs Share Certificates Investment Valuation Reserve Regular Reserve Undivided Earnings Total Equity $349,049,240 30,093,723 90,833,810 (28,418) 24,285,511 54,918,585 $549,152,451 $346,385,837 32,109,496 79,256,869 (19,499) 24,285,511 49,685,106 $531,703,320 $367M $394M Total Liabilities & Equity $575,038,546 $549,102,235 *Unaudited as of printing date Balance Sheet I 2017 Annual Report

Income Interest on Loans Interest on Investments Miscellaneous Income Total Income Operating Expenses Compensation Employee Benefits Travel & Conferences Association Dues Office Occupancy Office Operations Education & Promotion (Marketing) Loan Servicing Expense Professional & Outside Service Provision for Loan Loss Member Insurance Federal Supervision & Exam Interest on Borrowed Money Annual Meeting Expense Miscellaneous Operating Expense Total Operating Expenses Dividends Paid Net Income 2017* $18,525,482 755,249 8,053,412 $27,334,143 $7,923,282 3,390,571 244,750 35,009 1,174,339 4,326,548 670,000 764,734 118,159 1,309,454 6,600 125,366 108,609 4,800 53,661 $20,255,882 $1,844,785 $5,233,476 2016 $17,117,189 682,640 7,467,889 $25,267,718 $7,637,203 2,936,719 246,588 41,659 1,403,201 4,023,231 659,600 755,363 55,992 997,917 8,454 94,747 33,971 4,800 39,316 $18,938,761 $1,744,823 $4,584,134 *Unaudited as of printing date Income Statement I 2077 Annual Report r I ~- s'""",,,~ ~ ~ j ~,,,,,.. u,,'~

MEDICAL PARK (Main Office) 1104 Medical Park Dr. Fort Wayne, IN 46825 EAST DUPONT 4140 E Dupont Rd. Fort Wayne, IN 46825 NEW HAVEN 987 Werling Rd. New Haven, IN 46774 WAYNEDALE 6001 Bluffton Rd. Fort Wayne, IN 46809 COLUMBIA CITY DECATUR 393 W Plaza Dr. 900 S 13th St. Columbia City, IN 46725 Decatur, IN 46733 HUNTINGTON LIMA/DUPONT 2835 N Jefferson St. 1816 W Dupont Rd. Huntington, IN 46750 Fort Wayne, IN 46818 STELLHORN TILLMAN 9205 Stellhorn Crossing Blvd. 801 E Tillman Rd. Fort Wayne, IN 46815 Fort Wayne, IN 46816 WEST JEFFERSON 4331 W Jefferson Blvd. Fort Wayne, IN 46804 DANVILLE 210 N Gilbert St. Danville, IL 61832 MATTOON 500 Lake Land Blvd. Mattoon, IL 61938 HOPKINSVILLE 120 Griffin Bell Dr. Hopkinsville, KY 42240 SCOTTSVILLE 361 Old Gallatin Rd. Scottsville, KY 42164 Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, the National Credit Union Administration, a U.S. Government Agency, and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000. IRAs are separately insured to $250,000 by the National Credit Union Administration, a U.S. Government Agency, and an additional $250,000 by Excess Share Insurance, for a total of $500,000.