Mountain America Credit Union Overview: Accounts, Loans, and Membership

Mountain America Credit Union Overview

Mountain America Credit Union is a federally chartered credit union headquartered in Sandy, Utah. Founded in 1934, it has grown into the second largest credit union in Utah and one of the largest credit unions in the United States.

Today, Mountain America serves more than 1.4 million members and operates 100+ branches across several western states, including Utah, Idaho, Montana, Nevada, and Arizona. It offers a broad mix of financial products, including checking and savings accounts, credit cards, personal loans, business accounts, and mortgages.

Mountain America is also featured in our Best Credit Unions in Utah guide.

Comparing options? Check America First vs Mountain America comparison.

Expansion

Over the years, Mountain America has experienced significant growth, expanding its reach beyond Utah to serve residents in several U.S. states. With more than 100 branches, Mountain America has established a strong presence in Utah, Idaho, Montana, Nevada, and Arizona.

This geographic expansion has allowed the credit union to meet the financial needs of its members by offering banking services and expert guidance in the communities it serves.

From its initial expansion to the present, Mountain America continues to grow and adapt to meet the needs of its more than 1.4 million members. The credit union remains a leader in the financial industry, ranking among the top 10 credit unions in the United States by number of members.

Products and Services

macu.com | Products and Services

Mountain America Credit Union offers a variety of financial products to meet the needs of its members:

• Checking and savings accounts
• Auto loans
• Mortgages
• Personal loans
• Credit cards
• Business accounts
• Investment and financial advisory services, including wealth management, retirement planning, and IRA and 401(k) distribution options
• Medicare planning
• Insurance to protect its members

Checking Accounts at Mountain America

Mountain America Credit Union offers a variety of checking accounts designed to meet different financial needs. From basic accounts with no monthly fees to accounts with rewards and added benefits, these accounts are designed to provide convenience and flexibility for managing everyday finances. These accounts work with Zelle and provide access to your credit history.

MyFree Checking

This is a free checking account. MyFree℠ Checking offers mobile and online banking features without excessive fees.

• $0 monthly fee
• $0 minimum balance required
• $0 cost to access your FICO credit score

MyStyle Checking

Enjoy additional benefits such as telemedicine, mobile phone protection, loan rate discounts, and shopping and entertainment offers.

• $7 monthly fee
• Or $0 monthly fee if 1 of the following is met:
  • 20+ debit card transactions per month
  • Age under 24 or over 60
  • $10,000 minimum balance maintained
• $0 cost to access your FICO credit score

Student Checking

Offers enhanced benefits and cost-saving features for students under 24 years old.

• $0 monthly fee
• $0 minimum balance
• $0 cost to access to your FICO score
• Works with Zelle

Savings Accounts at Mountain America

Mountain America savings accounts offer several common benefits that help account holders reach their financial goals:

• Competitive interest rates
• Flexible deposits and withdrawals
• Security for deposited funds
• Convenient access to funds
• Possible tax advantages on IRA interest earnings

Primary Savings

A personal savings account designed to help build a strong financial future.

• $0 monthly fee
• $1 to open
• $1 minimum balance
• Earns dividends once the balance exceeds $100

Money Market Accounts

Earn higher dividends while maintaining flexibility to add and withdraw funds.

• $0 monthly fee
• $0 to open
• $1 minimum balance
• Earns dividends once the balance exceeds $2,500

IRA Savings Funds

Prepare for retirement by opening a Traditional or Roth IRA with tax advantages through Mountain America Investment Services and LPL Financial.

Youth Savings Account

Designed for children under 12 to begin developing healthy financial habits.

• $0 monthly fee
• $1 to open
• Earns dividends once the balance exceeds $25
• Automatically converts to a teen savings account at age 13

Teen Savings Account

Helps teenagers prepare for financial independence.

• $0 monthly fee
• $1 to open
• Earns dividends once the balance exceeds $25
• Automatically converts to a Primary Savings account at age 26

Certificates of Deposit (CDs)

Mountain America Credit Union offers several certificate options designed to help members grow savings for medium- and long-term goals.

Certificate Accounts

Designed to grow savings while planning ahead.

• $500 to open a Standard Certificate
• $5 to open a Growth Certificate
• Terms available from 6 to 60 months

Youth Certificate Accounts

Encourage long-term savings goals such as education or a first vehicle.

• $0 monthly fees
• $5 to open
• Terms of 12, 24, 36, 48, and 60 months
• Additional deposits allowed up to $10,000 per year
• Dividend tiers based on term length
• Automatically renews as a Standard Certificate after age 27
• Can be closed during the 10-day grace period after maturity without penalty

Credit Cards

Mountain America Credit Union offers a small lineup of Visa credit cards focused on three common needs: lower interest rates, rewards points, and cash back. All three cards have a $0 annual fee, a $0 balance transfer fee, and a 1% foreign transaction fee, while rewards and other benefits vary by card. Members can choose between a lower-rate card, a points-based rewards card, or a cash back card depending on their spending goals.

macu.com | Credit Cards

Low Rate Visa Card

Best for cardholders who want a lower-rate card and may carry a balance.

• Annual fee: $0
• Welcome bonus: None
• Intro offer: None
• Rewards: None
• Other perks: Free access to your FICO score

Rewards Visa Card

Best for cardholders who want to earn points on everyday purchases.

• Annual fee: $0
• Welcome bonus: None
• Intro offer: None
• Rewards: Earn 1 point per $1 spent
• Other perks: Points may be redeemed for gift cards, event tickets, or travel discounts, and points can be combined with debit card rewards

Cash Back Visa Card

Best for cardholders who want simple cash back on purchases.

• Annual fee: $0
• Welcome bonus: None
• Intro offer: None
• Rewards: Earn 1.5% cash back on purchases
• Other perks: Free access to your FICO score and Visa Signature benefits may be available for limits above $5,000

Personal Loans

Mountain America Credit Union offers several lending options designed to help members finance major purchases, cover unexpected expenses, or consolidate debt. Loan availability, rates, and terms vary based on credit qualifications and the type of financing selected.

macu.com | Loans

Personal Loans

Personal loans can be used for a variety of purposes, including debt consolidation, home improvements, medical expenses, and other major purchases.

• Terms of up to 5 years
• No collateral required
• Fixed monthly payments
• Funds may be used for a wide range of personal expenses

Auto Loans

Mountain America provides financing for both new and used vehicles, as well as refinancing options for existing auto loans.

• New and used vehicle financing
• Auto loan refinancing options
• Flexible loan terms
• Available for cars, trucks, and SUVs

Recreational Vehicle Loans

Members can finance a variety of recreational vehicles and outdoor equipment.

• RV loans
• Motorcycle loans
• Boat loans
• Trailer financing
• Other recreational vehicle financing options

Mortgages

Mountain America Credit Union offers a variety of mortgage loan options designed to meet different home-financing needs, whether you are buying a home, refinancing an existing mortgage, building a property, or accessing home equity.

Home Purchase Loans

Mountain America offers several mortgage options for homebuyers with different financial situations and down payment requirements.

• Conventional mortgages
• First-time homebuyer loans
• FHA loans
• VA loans

Refinance Loans

Members can refinance an existing mortgage to potentially lower monthly payments, change loan terms, or access home equity.

• Rate-and-term refinancing
• Cash-out refinancing options
• Refinancing for existing homeowners

Construction and Land Loans

Mountain America also provides financing for members planning to build a home or purchase land.

• Construction loans
• Land loans
• Financing options for custom home projects

Home Equity Loans

Homeowners may be able to borrow against the equity in their property for renovations, debt consolidation, or other major expenses.

• Home equity loans
• Home Equity Lines of Credit (HELOCs)
• Funds available for a variety of purposes

Home insurance and personalized guidance are available through Mountain America mortgage specialists. Loan terms are subject to credit approval.

Business Accounts

Mountain America Credit Union offers business banking solutions designed for small businesses, startups, and growing companies. These accounts focus on everyday operations, cash management, and scalability as businesses expand.

Business Essential Checking

Entry-level account for small businesses with basic transaction needs

Read our full Mountain America Business Essential review.

Business Plus Checking

Designed for businesses with higher activity levels and more advanced banking needs.

Nonprofit Checking

Checking account option designed for nonprofit organizations.

Business Savings Accounts

Options to set aside business funds while earning dividends.

Business Money Market Accounts

Higher-balance savings options with tiered dividend potential.

Business Certificates

Fixed-term savings options for longer-term business funds.

These accounts are supported by additional services such as digital banking, payment tools, merchant services, cash management tools, and business lending options.

Who Can Become a Member of Mountain America Credit Union?

macu.com | Membership

Membership at Mountain America Credit Union is based on several eligibility paths. You may qualify through where you live, your relationship to an existing member, or certain employer and organization affiliations.

Residence

You may be eligible if you live in specific areas served by Mountain America Credit Union, including Salt Lake County, Duchesne County, and certain areas of Wasatch and Uintah counties.

Family Relationship

You may qualify through a family or household relationship with an existing Mountain America member.

Eligible relationships include:

• Parents and children
• Spouses, including surviving spouses
• Siblings
• Grandparents and grandchildren
• Step-parents, step-children, and step-siblings
• Adoptive family relationships
• Individuals living at the same address as a Mountain America member

Employment or Volunteer Affiliation

You may also qualify if you work for or volunteer with a Select Employer Group (SEG) or an affiliated organization.

These membership options help make Mountain America Credit Union accessible to a wide range of Utah residents and families. Membership eligibility requirements may change over time, so prospective members should verify current requirements directly with Mountain America.

Conclusion

Mountain America Credit Union is a large, established Utah credit union with checking accounts, savings accounts, certificates, credit cards, personal loans, business accounts, and mortgages.

Its biggest strengths are its large Utah branch presence, expanded western-state footprint, digital banking tools, and accessible membership paths. It can be a strong fit for Utah residents who want a credit union with both local branch access and a wide range of banking services.

Overall, Mountain America Credit Union remains one of the most prominent credit unions in Utah and a major financial institution in the region.

Disclaimer:
This page is not affiliated with, maintained by, or sponsored by Mountain America Credit Union. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of Mountain America Credit Union.