5 star ratingAverage User Rating:
5 star rating based on 1 review.

Mountain America Credit Union

Mountain America Credit Union Locations
6761 S. Redwood Rd.
West Jordan, UT 84084
1-800-748-4302
www.macu.com



Mountain America Credit Union is headquartered in West Jordan and is the 2nd largest credit union in the state of Utah. It is also the 40th largest credit union in the nation. It was established in 1936 and as of September of 2011, it had grown to 794 employees and 366,457 members. Mountain America Credit Union has a 4-star health rating.

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$125 Checking Account Bonus at Mountain America Credit Union in UT, AZ, NV & NM - 11/7/2011

Mountain America Credit Union has increased the bonus amount of its Facebook checking account promotion. In mid October a reader mentioned a $100 checking incentive. It's now $125. They want you to "l ...

$100 For Opening Checking Acct @ Mountain America CU (Forum) - 10/16/2011

New customers must "like" their facebook page to get a coupon for a $100 checking incentive. Direct deposit and e-statements within 60 days are required. Expires 11-30-2011.   Membership restricted to area around Salt Lake City, UT

Top 5-Year CD Continues at Mountain America Credit Union in UT, NV, NM & AZ - Easy Membership - 10/19/2010

Mountain America Credit Union still has a competitive 5-year CD and IRA CD rate. It's now 2.80% APY. The rate has gone down since my last post, but it remains competitive compared to what other banks ...

Top 5-Year CD and IRA CD at Mountain America Credit Union in UT, NV, NM & AZ - Easy Membership - 8/17/2010

Mountain America Credit Union still has a competitive 5-year CD and IRA CD rate of 3.00% APY. Minimum deposit is $500. This yield is listed in the credit union's current rates page as of 8/17/2010 . T ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Mountain America Credit Union Checking Account Rates

ApyMinMaxProduct
0.50%$20k-Business Analysis Checking Earnings Credit
0.30%$100k-Business Sweep
0.20%$20k-Business Growth Checking
0.10%$1k-MyStyle Checking

Mountain America Credit Union Savings Account Rates

ApyMinMaxProduct
0.40%--Business Health Savings Account
0.15%$100-Primary Savings
0.15%--Secondary Savings
0.15%$100-Business Primary Savings
0.15%--Business Secondary Savings

Mountain America Credit Union Money Market Rates

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0.40%$250k-Money Market Account
0.40%$250k-IRA Money Market Account
0.40%$250k-Business Money Market

Mountain America Credit Union CD Rates

ApyMinMaxProduct
2.00%$500-60 Month CD
2.00%$25-60 Month Youth Term Deposits
2.00%$500-Business 5 Year CD
1.15%$500-48 Month CD
1.15%$25-48 Month Youth Term Deposits
1.15%$500-Business 4 Year CD
0.95%$500-36 Month CD
0.95%$25-36 Month Youth Term Deposits
0.95%$500-Business 3 Year CD
0.60%$500-30 Month CD
0.60%$500-Business 30 Month CD
0.50%$500-18 Month CD
0.50%$500-24 Month CD
0.50%$25-24 Month Youth Term Deposits
0.50%$500-Business 24 Month CD
0.45%$500-12 Month CD
0.45%$25-12 Month Youth Term Deposits
0.45%$500-Business 12 Month CD
0.25%$500-6 Month CD
0.25%$500-Business 6 Month CD

Mountain America Credit Union IRA Rates

ApyMinMaxProduct
2.00%$500-60 Month IRA
2.00%$500-60 Month Roth IRA
1.15%$500-48 Month IRA
1.15%$500-48 Month Roth IRA
0.95%$500-36 Month IRA
0.95%$500-36 Month Roth IRA
0.60%$500-30 Month IRA
0.60%$500-30 Month Roth IRA
0.50%$500-18 Month IRA
0.50%$500-24 Month IRA
0.50%$500-18 Month Roth IRA
0.50%$500-24 Month Roth IRA
0.45%$500-12 Month IRA
0.45%$500-12 Month Roth IRA
0.25%$500-6 Month IRA
0.25%$500-30 Day IRA Park & Plan
0.25%$500-30 Day Roth IRA Park & Plan
0.25%$500-6 Month Roth IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


MOUNTAIN AMERICA
NCUA #24692
BankRate ReportView
Year Established1936
Employees794
Primary Regulator

Assets and Liabilities

Assets$2.93 billion
Loans$2.42 billion
Deposits$2.67 billion
Equity Capital$217.06 million
Loan Loss Allowance$49.13 million
Unbacked Noncurrent Loans$42.90 million
Real Estate Owned$9.36 million

Historic Data - September 2010

Assets$2.78 billion
Equity Capital$190.46 million
Loan Loss Allowance$49.08 million
Unbacked Noncurrent Loans$62.83 million
Real Estate Owned$8.84 million

Profit Margin - Quarterly

Net Interest Margin3.24%
Return on Assets0.87%
Return on Equity11.8%
Interest Income$98.29 million
Non-Interest Income$66.45 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Mountain America Credit Union had $52.26 million in non-current loans and owned real-estate with $266.19 million in equity and loan loss allowances on hand to cover it. This gives Mountain America Credit Union a Texas Ratio of 19.63% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Mountain America Credit Union decreased slightly from 29.92% as of September 30, 2010 to 19.63% as of September 30, 2011, resulting in a positive change of 34.39%.This indicates that the balance sheet and financial strength for Mountain America Credit Union has improved slightly in recent periods.
Deposit Growth4
In the past year, Mountain America Credit Union has increased its total deposits by $85.36 million, resulting in 3.3% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mountain America Credit Union has shown is above average.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mountain America Credit Union has $2.93 billion in assets with $266.19 million in equity, resulting in a capitalization level of 9.09%, which is average.
Write Review

Great Service
5 stars - fordd22 - Monday, June 6, 2011 - 9:28 AM

I have been with Mountain America Credit Union for 10 years now all because of the excellent customer service they gave me about 6 years ago. I had had my car broken into and they took everything my Viza cards, my checkbook and all the cash I had. I immediately called my bank and shut off my cards but it was too late they had already used my checks and cards and spent over $500. I was devastated. This all happened on a Friday after closing time, so on Monday I went into my bank to tell them what happened. They immediately changed my bank account number helped me total up all that had been spend and instantly gave it all back to me no questions asked. And as for the rest of the checks they put a stop to all the rest of them and notified me when one tried to come through. Thanks so much Mountain America Credit Union I have enjoyed being a member of your bank and will continue to.

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