Mountain America Credit Union

Mountain America Credit Union is a federally chartered credit union headquartered in Sandy, Utah, regulated under the authority of the National Credit Union Administration (NCUA). Mountain America Credit Union is the second largest credit union in Utah. It is also the 12th largest credit union nationally by membership and the 24th largest by total assets. As of February 2020, Mountain America had $9.5 billion in assets, 890,000 members, and over 95 branches.

Mountain America Credit Union
TypeCredit union
IndustryFinancial services
Founded1934
HeadquartersSandy, Utah
United States
Key people
Sterling Nielsen, President/CEO
H. Floyd Tanner, Chairman
ProductsSavings; checking; consumer loans; mortgages; credit cards; online banking
Total assets$9.5 billion (February 2020)
Websitewww.macu.com

History

After a 5% tax was proposed on the three largest credit unions in Utah, Mountain America converted from a state chartered to a federally chartered credit union in 2003, becoming Mountain America Federal Credit Union.[1] Mountain America's membership is open to residents of Salt Lake, Duchesne, Wasatch, and Uintah counties and their families as well as members of affiliated associations and employees of select employee groups. Some of their Select Employer Group (SEG)[2] affiliations include some of the world's largest companies and associations, including Marriott International, the National Consumer Council, and Walmart.

Mountain America donated $25,000 through the World Council of Credit Unions to fund relief efforts in Peru after the 2007 earthquake there.[3]

References
  1. Likes Being A Fed, But... Banking Wire. 19 March 2004.
  2. Mountain America Select Employer Groups".
  3. Worth Noting. Banking Wire. 7 September 2007.

https://www.macu.com/about

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