Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Mountain America Credit Union


About lender

The Mountain America Credit Union is based in Sandy, Utah. It is a federally chartered credit union governed by the National Credit Union Administration. The Mountain America Credit Union is Utah's second-largest financial institution.

Mountain America Credit Union (MACU) offers a comprehensive range of financial and banking services, including personal loans, home loans, vehicle loans, checking and savings accounts, CDs, credit cards, insurance, and investment options. The National Credit Union Administration oversees Mountain America, founded in 1934. It has over 100 branches in Utah, Arizona, Idaho, Montana, New Mexico, Nevada, and more than 50,000 ATMs.

Pros and cons

The benefits of banking with Mountain America include fewer costs and better interest rates. However, not everyone is eligible to bank with one. Here are some advantages and disadvantages of associating with Mountain America.


  • For a $25 fee, some personal and vehicle loans allow you to skip a payment up to two times each year.

  • Co-applicants are encouraged to apply. To improve your application and share the responsibilities, you can apply alongside a parent, spouse, or another applicant.

  • Most credit unions require you to apply for membership before or throughout the application process. However, at MACU, you can join after you have been approved.


  • Even though MACU does not levy fees, its starting rates are higher than the average, even when compared to some online lenders.

  • Some of their clients have experienced a lack of support from Mountain America's customer service team. The most common difficulties were joint account ownership, lack of details on available services, and transferring the responsibility to customers for any errors.

Loan conditions

Mountain America personal loans, often known as signature loans, are available without collateral. These loans have an interest rate of 8.24% APR and payback term of up to 60 months, which makes them ideal for short-term spending.

Mountain America also offers low-interest financing on automobiles, trucks, SUVs, trailers, RVs, boats, ATVs, and motorbikes. The APR for auto loans varies between 2.99% and 5.74% for terms ranging from 36 to 180 months.

MACU gives one free assessment per home on new purchases and construction loans. The bank offers up to 95 % LTV financing with multiple term options available, 1- to 2-step closings, payment options available locally, and lien waiver checks given on construction draws are just a few of the benefits of a home construction loan. You can lock in your mortgage rate during construction to avoid escalating rates with Mountain America's one-time construction loans.

Funding a loan

Mountain America requires your most recent pay stub to verify your loan applications. They will require your tax returns from the previous two years if you're self-employed. Depending on the loan request, there may be additional requirements.



What is Mountain America?

Mountain America Federal Credit Union is a cooperative financial institution. The Union offers loans, investments, savings, credit and debit cards, online banking, and other financial services.

Who owns Mountain America?

Mountain America is a member-owned, non-profit financial cooperative. Since credit unions are the only financial institutions in the United States that are democratically controlled, members elected a volunteer board of directors to govern Mountain America. MACU's CEO is Sterling Nielsen.

How do you qualify for Mountain America?

You must live in Salt Lake County/Duchesne County/Wasatch or Uintah County, have a current MACU member in your immediate family, or work/volunteer for a select employer group (SEG) or an affiliated association to be eligible for Mountain America.

How much can you borrow from Mountain America?

A personal unsecured loan of up to $20,000 may be obtained with a five-year repayment period and an APR of 8.24%.

Is Mountain America a legitimate company?

Yes. Mountain America is a member-owned, non-profit financial cooperative founded in June 1934. It is based in Salt Lake City, Utah, and serves over one million members in six states. The company has also insured its deposits under the National Credit Union Administration, which is a regulating authority controlled by the US government.

Company documents

Privacy Policy

At Mountain America, you have access to a full suite of financial services, including savings accounts, auto loans, checking accounts, credit cards, SBA loans, business checking, retirement planning and more. Plus, your accounts are always close at hand with our mobile app, online banking and more than 100 branches, spanning Utah, Idaho, Montana, Nevada, Arizona and New Mexico.

© Mountain America Credit Union

Calculate loan payments in Mountain America Credit Union

Mountain America Credit Union calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount

Enter the desired loan amount

2500 $
50000 $
Loan term

Specify the loan term for the calculation


What to focus on before applying for a loan with Mountain America Credit Union

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Mountain America Credit Union and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Mountain America Credit Union’s reviews by September 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018