Mountain America Federal Credit Union
Headquarters
P.o. Box 2331
Sandy, UT 84091
See all branch locations →
Phone 1-801-619-7349
2024 Overview
General Credit Union Information
Mountain America is an NCUA insured institution located in Sandy, UT. It was founded in 1936 and has approximately $18402.06 millions in assets.
Who can join?
Eligibility
To be eligible for Mountain America Credit Union membership, you must be one of the following:
Resident of:
Salt Lake County (UT)
Duchesne County (UT)
Wasatch County (UT) census tract 940300
Uintah County (UT) census tract 940100 or 940200
To find your census tract number, Click Here.
OR
Family member of existing Mountain America member, including:
Parent
Child
Spouse (including surviving spouse)
Sibling
Grandparent
Grandchild
Stepparent
Stepchild
Stepsibling
Adoptive relationship
OR
Living with or under the same roof as existing Mountain America members
OR
Employee or volunteer of a select employee group (SEG) or affiliated association ( https://www.macu.com/home/aboutus/join/segs/ )
To become a select employer group of affiliated association, visit your nearest branch or call us toll-free at 1-800-748-4302.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 24692 |
| Date Established | 1936 |
| Assets | $18,402.06 million |
| Loans | $15,334.99 million |
| Deposits | $16,048.85 million |
| Capital | $1,716.30 million |
Field of Membership Restrictions
Membership in Mountain American 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.
Deposit Rates - April 26, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.05% | $100 | - |
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|
|
Money Market
|
0.50% | $0 | $2,500 |
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|
Money Market
|
1.50% | $2,500 | $9,999 |
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|
Money Market
|
1.70% | $10,000 | $24,999 |
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|
Money Market
|
2.25% | $25,000 | $49,999 |
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|
Money Market
|
2.65% | $50,000 | $99,999 |
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|
Money Market
|
3.40% | $100,000 | $249,999 |
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|
|
Money Market
|
4.25% | $250,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
5.25% | $500 | - |
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|
| 12 Mo CD
|
5.25% | $500 | - |
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|
| 18 Mo CD
|
4.50% | $500 | - |
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|
| 24 Mo CD
|
4.50% | $500 | - |
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|
| 30 Mo CD
|
4.20% | $500 | - |
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|
| 36 Mo CD
|
4.20% | $500 | - |
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|
| 48 Mo CD
|
4.20% | $500 | - |
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|
| 60 Mo CD
|
4.25% | $500 | - |
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|
Loan Rates - April 26, 2024
Your Current Location: Ohio, OH 43085
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
5.50% | 5.50% | Varies | |
Compare with 7.49 RATE Line of Credit from Third Federal Savings and Loan
See All Home Equity Rates |
||||
| 10 Year Loan
See Table |
4.99% | 4.99% | $1,060.17 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year | 3.49% | 3.49% | $454.68 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
6.73% | 6.50% | $2,787.54 | |
| 30 Year Fixed Conforming See Amortization Table |
7.00% | 6.88% | $2,102.17 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
6.73% | 6.50% | $2,787.54 | |
| 30 Year Fixed Conforming See Amortization Table |
7.00% | 6.88% | $2,102.17 | |
Compare with 6.710% APR and 6.625% 30-Year Fixed RATE from District Lending
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are Mountain America branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
MOUNTAIN AMERICA is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Mountain America Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Mountain America. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Mountain America | U.S. Average |
|---|---|
| 12.55% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Mountain America had $221,344,568 in non-current loans and $5,987,429 in owned assets. To cover these potential losses it had $1,716,300,258 in net worth and $95,015,866 in loans loss reserves. That gives it a Texas Ratio of 12.55%.
Net Worth
| Mountain America | U.S. Average |
|---|---|
| 9.32% | 13.62% |
Mountain America FCU has a net worth of 9.32% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Mountain America
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