Mountain America Credit Union - Company Research Report

Company Overview

Name

Mountain America Credit Union

Mission

"We provide exceptional member experiences by hiring and developing the best people who make it easy to do business, deliver quality service and technology, and provide valuable financial guidance."

Founding

Mountain America Credit Union was founded in the mid-1930s.

Key People

• Sterling Nielsen: President/CEO

• Chad Curtis: EVP/Chief Financial Officer

• Nathan Anderson: EVP/Chief Operating Officer

• Cathy Smoyer: EVP/Chief Risk Officer

Headquarters

9800 South Monroe Street, Sandy, Utah 84070

Number of Employees

Information not available.

Revenue

Information not available.

Known For

• One of the largest and most well-regarded credit unions in the United States.

• Providing a comprehensive suite of financial services, including savings accounts, auto loans, checking accounts, credit cards, SBA loans, business checking, and retirement planning.

• Extensive community involvement and financial education initiatives.

Products

Offerings

Mountain America Credit Union offers a full suite of financial services and products, including but not limited to:

• Savings Accounts & Checking Accounts: Providing standard savings and MyStyle® Checking accounts with rewards such as travel rebates and cashback.

• Loans: Auto loans, RV loans, real estate, and commercial loans with competitive interest rates.

• Credit Cards: Featuring rewards programs like earning 3x points through their rewards cards.

• Online and Mobile Banking: Offering convenient digital access to accounts, funds transfer, and financial management tools.

• Business Services: Including business checking, business loans, and various financial solutions for small businesses.

Key Features

• MyStyle® Checking: A rewards-rich checking account featuring travel rebates, gift cards, and cashback.

• Financial Tools: A full suite of mobile and online banking tools that provide users with ease of managing their accounts and financial activities.

• Credit Union Accounts: Higher dividends on savings, flexible loan options with lower interest rates compared to traditional banks.

Recent Developments

Recent Achievements and Recognition

• Mountain America has consistently been ranked as a top SBA lender among credit unions nationally.

• Recognized with the Community Impact Award by the National Association of Development Companies (NADCO) in 2024.

• Celebrated for excellence in work culture, receiving the Top Workplaces award from multiple reputable sources.

New Products and Features

• Recently expanded product offerings include increased access to financial tools and expanded online banking capabilities.

Partnerships and Community Involvement

• Sponsored Thanksgiving Point’s Jurassic Jungle, enhancing community engagement through a new interactive educational attraction.

• Partnered with Idaho State Athletics and Arizona State University to support charitable causes providing necessities such as coats and shoes to children in need.

• A new branch was opened in Mesa, Arizona, furthering its presence and service capacity in the region.

Community Contributions

• Supported diverse initiatives like the donation of Pumper Cars for mobility assistance, a comprehensive scholarship program for high school graduates, and significant contributions to charitable causes such as Operation Warm and the American Red Cross.

Expansion and Growth

• Continued its physical expansion by opening new branches and enhancing its ATM and service network, covering states like Utah, Idaho, Montana, Nevada, Arizona, and New Mexico.

This overview provides a detailed look at Mountain America Credit Union, emphasizing their commitment to member service, community involvement, and consistent growth in the financial landscape.