Mountain America Credit Union
Mountain America Credit Union is a federally chartered credit union headquartered in Sandy, Utah, regulated under the authority of the National Credit Union Administration (NCUA). Mountain America Credit Union is the second largest credit union in Utah. It is also the 10th largest credit union nationally by total assets. As of January 2023, Mountain America had $16 billion in assets, 1,128,996 members, and over 100 branches.
Type | Credit union |
---|---|
Industry | Financial services |
Founded | 1934 |
Headquarters | Sandy, Utah United States |
Key people | Sterling Nielsen, President/CEO H. Floyd Tanner, Chairman |
Products | Savings; checking; consumer loans; mortgages; credit cards; online banking |
Total assets | $16 billion (January 2023) |
Website | www |
History
After a 5% tax was proposed on the three largest credit unions in Utah, Mountain America converted from a state chartered to a federally chartered credit union in 2003, becoming Mountain America Federal Credit Union.[1] Mountain America has more than 100 branches, spanning Utah, Idaho, Montana, Nevada, Arizona and New Mexico.
Arizona State’s Sun Devil Stadium has a new name, Mountain America Stadium, following a naming rights deal between the school and the Utah-based financial institution Mountain America Credit Union (MACU). The 15-year agreement is worth north $50M over the life of the deal, according to sources close to the negotiations, and appears to be the largest naming rights deal for a college football stadium. MACU’s naming rights agreement builds on its existing support of the school, including owning naming rights to the community ice-plex connected to ASU’s Mullett Arena hockey facility. [2]
References
- Likes Being A Fed, But... Banking Wire. 19 March 2004.
- Mountain America gets ASU stadium naming rights Sports Business Journal. 2 August 2023.