Mountain America Credit Union or MACU is a federally chartered credit union that is presently headquartered in West Jordan, Utah. It was regulated under the authority of the NCUA or National Credit Union Administration. Mountain America Credit Union is Utah’s 2nd largest credit union. As of 2008, Mountain America Credit Union had $2.8 billion in total assets, approximately 328,000 members, and 62 branch locations.
Services Offered By Mountain America Credit Union
Mountain America Credit Union (MACU) is a member-owned, not for profit, full-service financial institution that provides any of the following:
- Savings Account
- Checking Account
- Consumer financing
- Retirement planning
- Business services
- SBA loans and many more
Mountain America Credit Union is a federally-chartered credit union which means that it is regulated by the agency of the federal government or otherwise known as the National Credit Union Administration. Savings are insured by the FDIC to at least $250,000 USD per account and are backed up by the full faith and credit of the United States of America Government.
Mountain America Credit Union Background Information
Formed in 1934, Mountain America Credit Union was originally the Salt Lake Telephone Employees Credit Union or SLTECU. However, after merging with Postal Workers Credit Union (PWCU) in 1984, the credit union changed its name to Mountain America Credit Union to better reflect the diversity of its membership. In 1988, Mountain America merged with the Utah State Credit Union, becoming the 2nd largest credit union in Utah and setting its course as a modern and full-service financial institution.
As of today, MACU’s extensive network of branch locations and ATMs span much of the Intermountain West, including Nevada, Arizona, Utah and New Mexico. Mountain America Credit Union also belong to an extensive shared branching network as well as a number of ATM networks, including the CO-OP Network, which allows all members to complete surcharge-free transactions at all ATM branches (over 25,000) nationwide.
The Philosophy Of Mountain America Credit Union
Mountain America Credit Union’s Mission Statement is:
“We Are Quality People Providing Quality Products and Services Through Quality Delivery Systems.”
Mountain America Credit Union’s purpose is to help all members enjoy a good life by giving them a positive incentive to manage and save their finances. Mountain America also gives members easy access to their accounts and lets them to control their funds in a various ways; this includes ATMs, mobile banking, direct deposit, Touch-Tone Teller, online home banking, automatic payment options and access through a huge branch network. When making decisions, Mountain America always puts the needs of the members first. It is just the way they do business and a part of the “people helping people” philosophy of all credit unions.
For more information about Mountain America Credit Union, Visit the Mountain America Fact Sheet on their official website.