Mountain America Credit Union

Overview / Commentary
9640 S State Street
Sandy, UT 84070

Mountain America Credit Union is a Utah-based, federally chartered credit union that serves hundreds of thousands of members through numerous branches located in the American West. The credit union provides a range of financial services and products, from deposit accounts and investment products to consumer and small business loans.

On its personal banking side, MACU offers checking, savings, money market, term deposit, and IRA accounts, as well as youth products. Its free checking account offer comes with free online banking, bill pay, and a MACU Visa debit card. The credit union’s saving account provides easy access to funds, a daily compounded interest rate, and quick fund transfer capabilities. Money market accounts have a minimum balance requirement and offer the earnings of a CD with the flexibility of a savings account. Term deposits functions as CDs and are available in term lengths ranging from 6 months to 5 years. MACU has a section of their website devoted to youth products and games. One account designed for teenagers offers quarterly member drawings for nice prizes.

Mountain America Credit Union online banking provides easy account integration into Quicken or other financial management software so members can budget and plan out their finances. The web-based banking platform also allows members to transfer funds, view copies of cleared checks, deposit checks from home, and pay bills. MACU’s mobile banking apps allow the same functions and provide a convenient and quick for members to manage their accounts on the run.

MACU was originally formed in 1934 as the Salt Lake Telephone Employees Credit Union in order to serve employees of the Utah-based telephone company. 50 years later, in 1984, the credit union merged with Postal Workers Credit Union and changed its name to Mountain America Credit Union to better reflect its growing membership geography. The credit union is headquartered in West Jordan, Utah.

Field of Membership Restrictions

Membership in Mountain America Credit Union is open to anyone through membership in the American Consumer Council. Membership is also open to residents of Salt Lake County, Duchesne County, and select areas of Wasatch and Uintah Counties in Utah.
See current membership details

Related Posts

Mountain America Credit Union Has Competitive 24-Month CD Rate - 11/7/2022

Mountain America Credit Union (easy membership) is offering a limited-time competitive APY on its 24-month Certificate and 24 month Growth Certificate.

Mountain America CU - Market Leading 24-Month CD @ 4.50% - 11/1/2022

Minimum = $500 Also available as "Growth Certificate" with $5 minimum to open, can add $ anytime with maximum cert. amount @ $100k.

Mountain America Credit Union Adds 18-Month Bump CD Promo - 10/3/2022

Mountain America Credit Union (easy membership) has added an 18-month Bump CD with 4.00% APY and a one-time bump option. $500 min deposit. Rates as of 10/3/2022.

View all posts from:

11/2/18 - Mountain America Credit Union Hikes 5-Year CD Rate
11/1/18 - Mountain America Credit Union 5-Yr. CD: 3.51%
10/9/18 - Mountain America Credit Union Boosts 3-Year CD APY
10/1/18 - Mountain America Credit Union: 3-Yr., 5-Yr. Cds, 3.35% APY
7/2/18 - Mountain America Credit Union Ups 5-Year Term Deposit
7/1/18 - Mountain America CU Union: 5-Year CD, 3.25% APY; 3.51% On Youth CD
6/1/18 - Mountain America Credit Union Pushes Up 5-Year Term Deposit Rate
5/2/18 - 5 Year C D - Down
2/9/18 - Mountain America Credit Union Ups 5-Year Term Deposit
2/9/18 - 3.0% APY 5 Year Term
12/16/17 - 5 Yr Cd Rate Decrease
11/20/17 - Mountain America Hikes 5-Year Term Deposit
11/18/17 - Mountain America CU Ups 5 Year CD APY.
8/16/17 - Mountain America CU Unveils Term Deposit Plus With Add-On Feature
8/15/17 - Mountain America CU Add-On CDs
8/14/17 - 18- And 36-Month Bump-Up CDs
8/1/17 - Mountain America Credit Union Raises 5-Year CD Rate
8/1/17 - Mountain America CU 5 Year CD Bump. Quick Look.
4/15/17 - Mountain America: "post bump-up" rate announced
4/10/17 - Deadline For 2.75% APY 5-Year Bump Term Deposit
2/13/17 - Mountain America CU Adds 5-Year CD With Bump Option
2/13/17 - Limited Time 5 Year CD 2.75% APY
2/10/17 - $100 Checking Account Bonus At Mountain America Credit Union
5/1/16 - Mountain America Credit Union 5-Year Term Deposit Rate
8/20/15 - Mountain America CU Offers Top Rate 5-Year CD
2/10/15 - Mountain America CU Offers Top Rate 5-Year CD With Bump Option
9/20/14 - Like College Football? Like A $50 Visa Gift Card? You Might Like This Promo!
8/10/14 - Mountain America CU (5 Yr CD, 2.20%APY)
3/3/14 - Special 5-Year CD Rate at MACU - Easy Membership
3/1/14 - 5-Year CD Special
2/25/14 - Precise ID Security Money Wire Problem.
5/12/13 - Opening An IRA CD At Mountain America Credit Union
2/12/13 - Best 5-Year CD Rate From a Major Credit Union at Mountain America
6/11/12 - Competitive 5-Year CD Rate at Mountain American Credit Union in UT, NV, NM & AZ
6/11/12 - $100 Checking Account Bonus at Mountain America Credit Union in UT, AZ, NV & NM
11/7/11 - $125 Checking Account Bonus at Mountain America Credit Union in UT, AZ, NV & NM
10/16/11 - $100 For Opening Checking Acct @ Mountain America CU
10/19/10 - Top 5-Year CD Continues at Mountain America Credit Union in UT, NV, NM & AZ - Easy Membership
8/17/10 - Top 5-Year CD and IRA CD at Mountain America Credit Union in UT, NV, NM & AZ - Easy Membership
9/5/09 - 4.75% 60-Month CD at Mountain America Credit Union - Easy Membership
3/7/09 - 4.50% 5-Year CD and Other High CD Rates at Mountain America Credit Union - Easy Membership
12/23/08 - 4.00% 12-Month CD at Mountain America Credit Union in UT, AZ & NV - Easy Membership
3/1/08 - 4.65% 15-Month / 4.50% 9-Month CD at a Utah CU - Easy Membership (Mountain America).
12/22/06 - 5.60% 15-Month CD at a Utah CU (Mountain America)

3 Year 2.65% Add-On Certificate.

Posted by: |

Opened an account this morning, took about an hour. Very good customer service.

60-Month 3.75% Growth CD

Posted by: |

Easy to open over the phone. They take care of membership requirements. Currently, they are working to fix a glitch with scheduled once in a month minimum transfer from an outside financial institution to the Growth CD. Instead of the CD they transferred money to the savings account.
Fun part is the history of the transfer displays successful transfer to the CD. I will update if they fix it

Incompetence On A Grand Scale

1. You can easily wait to talk with someone for 25 minutes or more. Plan on spending an hr of your time at least. Then, that person doesn't know enough and has to transfer you elsewhere and that takes more time.
2, My latest disaster there involved their losing an IRA transfer form which I know they received, since I sent 3 in in one envelope and they had the other 2. There was even a cover memo saying there were 3. After I finally got to talk to someone about it, he was going to look into it and get back to me. Never did.
5. The only way I would bank here again is if they had a spectacularly good interest rate.

Really Uninformed Staff Regarding IRA Transfer

Posted by: |

IRA department staff are unavailable to talk with customers, so I had to relay my IRA transfer questions through the CSO. The information I received was erroneous. Also, I compared the 2 year IRA rate as posted on to the CSO's rate sheet. The APY's differed by over 2%. I do not recommend Mountain America CU, at least as regards IRA transfers.



Health Grade Components

NCUA #24692
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD1.79%
Return on Equity - YTD18.8%
Annual Interest Income$253.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$14.72B$13.16B
LoansQ2 2022vs Q2 2021$12.24B$9.49B
DepositsQ2 2022vs Q2 2021$12.96B$11.61B
Equity CapitalQ2 2022vs Q2 2021$1.39B$1.15B
Loan Loss AllowanceQ2 2022vs Q2 2021$77.4MM$98.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$54.6MM$40.7MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Always verify rates and promotions with the bank or credit union. We are not Mountain America Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mountain America Credit Union Savings Account Rates

3.00%$5$10kChristmas Club Certificate
0.05%$100-Primary Savings
0.05%--Secondary Savings
0.05%$100-Business Primary Savings
0.05%--Business Secondary Savings
0.05%$25-Youth Savings
0.05%$25-Teen Savings

Mountain America Credit Union Money Market Rates

2.60%*$250k*-Money Market
OTHER TIERS: 0.75% Up to $2.5k | 1.10% $2.5k - $10k | 1.35% $10k - $25k | 1.60% $25k - $50k | 1.85% $50k - $100k | 2.10% $100k - $250k
2.60%*$250k*-Money Market IRA
OTHER TIERS: 0.75% Up to $2.5k | 1.10% $2.5k - $10k | 1.35% $10k - $25k | 1.60% $25k - $50k | 1.85% $50k - $100k | 2.10% $100k - $250k

Mountain America Credit Union Checking Account Rates

1.25%*$250k*-Business Sweep
OTHER TIERS: 0.50% Up to $50k | 0.75% $50k - $100k | 1.00% $100k - $250k
0.50%*$20k*-Business Growth Checking
OTHER TIERS: 0.25% $1k - $20k
0.30%*$20k*-Business Analysis Checking Earnings Credit
OTHER TIERS: 0.10% Up to $20k

Mountain America Credit Union CD Rates

4.60%$5$100k24 Month Youth Certificate
4.50%$500-24 Month Certificate
4.50%$5$100k24 Month Growth CD
4.50%$500-24 Month One-Bump CD Special
4.09%$5$100k60 Month Youth Certificate
4.00%$500-60 Month Certificate
4.00%$5$100k60 Month Growth CD
3.90%$5$100k48 Month Youth Certificate
3.80%$5$100k36 Month Youth Certificate
3.80%$5$100k48 Month Growth CD
3.80%$500-48 Month Certificate
3.70%$5$100k36 Month Growth CD
3.70%$500-36 Month Certificate
3.60%$500-30 Month Certificate
3.60%$5$100k30 Month Growth CD
3.25%$500-18 Month Certificate
3.25%$5$100k18 Month Growth CD
3.10%$5$100k12 Month Youth Certificate
3.00%$500-12 Month Certificate
3.00%$5$100k12 Month Growth CD
2.50%$500-6 Month Certificate
2.50%$5$100k6 Month Growth CD

Mountain America Credit Union IRA Rates

4.50%$500-24 Month IRA
4.50%$500-24 Month One-Bump IRA Special
4.00%$500-60 Month IRA
3.80%$500-48 Month IRA
3.70%$500-36 Month IRA
3.60%$500-30 Month IRA
3.25%$500-18 Month IRA
3.00%$500-12 Month IRA
2.50%$500-6 Month IRA


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