Mountain America Credit Union Services and Benefits Explained

Mountain America Credit Union offers a wide range of services and benefits to its members. As a not-for-profit financial cooperative, Mountain America is committed to providing its members with affordable financial solutions.

Members can take advantage of low rates on loans and credit cards, with rates starting as low as 4.99% APR on auto loans. This can help members save money on interest payments and pay off their loans faster.

With over 90 branches and more than 7,000 surcharge-free ATMs, Mountain America members have access to their money when and where they need it. This convenience is especially valuable for those who travel frequently or live in areas with limited banking options.

Mountain America also offers a range of financial tools and resources to help members manage their money and achieve their financial goals.

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Mountain America Credit Union is a member-owned financial cooperative with over 900,000 members.

They offer a wide range of financial products and services, including checking and savings accounts, loans, credit cards, and investment services.

Mountain America Credit Union has over $14 billion in assets.

Their financial education resources and budgeting tools can help you take control of your finances.

They have over 100 branches across seven states, making them a convenient option for many people.

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At Mountain America Credit Union, you can expect a wide range of services designed to make your financial life easier. They offer a variety of checking accounts to suit different needs, including youth and student accounts.

Their online banking platform allows you to manage your accounts, pay bills, and transfer funds from the comfort of your own home. You can also use their mobile app to stay on top of your finances on the go.

Their financial tools and resources include budgeting and planning services, as well as financial education and workshops.

Mountain America Credit Union offers a range of checking accounts to suit different needs and preferences.

You can choose from three checking accounts: MyFree Checking, MyStyle Checking, and Student Checking. MyFree Checking and Student Checking have no monthly service fee if you opt for e-statements and no minimum balance requirement.

MyStyle Checking has a $7 monthly service fee, but it can be waived under certain conditions. To avoid this fee, you can be 24 or younger, or 60 or older, or make at least 20 debit and/or credit card transactions per month, or maintain an average daily balance of $10,000 in your MyStyle Checking account.

Both MyStyle Checking and Student Checking accounts offer rewards points on debit card spending, which can be redeemed for travel rebates, gift cards, and other rewards. These accounts also provide loan rate discounts, mobile phone protection, free telehealth services, and other perks.

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Mountain America Credit Union offers a money market account that earns tiered rates higher than regular savings account rates. This means you can earn more interest on your money.

The account has no minimum opening balance requirement, so you can start saving with any amount. There are also no monthly maintenance fees.

You'll have checks and a debit card to make withdrawals and pay bills, making it a convenient option. However, keep in mind that monthly transaction limitations apply.

If you need to write checks or make withdrawals more than six times per month, you might want to consider a checking account instead.

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Mountain America Credit Union offers a range of mortgage options to suit different needs.

Their mortgage rates are competitive, with rates starting as low as 3.75% APR for a 30-year fixed-rate mortgage. They also offer flexible loan terms, including 15-year and 20-year fixed-rate mortgages.

Mountain America Credit Union makes it easy to apply for a mortgage, with online applications and a mobile app that allows you to track your loan progress.

Mountain America Credit Union prioritizes member experience above all else, partnering with Blend to deliver the best digital mortgage experience.

A key aspect of this digital mortgage experience is the Mortgage Loan Origination System (LOS), which is designed to streamline the mortgage application process.

By leveraging technology, lenders can reduce the time and effort required to process mortgage applications, making the experience more efficient and user-friendly for borrowers.

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Selecting Cula for indirect leasing can be a great option for businesses. Cula is a type of off-balance-sheet financing.

This approach allows companies to lease assets without recording them on their balance sheet, which can be beneficial for cash flow management.

Cula financing is typically offered by leasing companies that specialize in indirect leasing. These companies often have established relationships with manufacturers and suppliers.

This can simplify the leasing process and provide businesses with access to a wider range of assets.

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Mountain America Credit Union has a reputation for delivering best-in-class member experience and adopting the latest technology to drive that experience. They've been on the list of the third-fastest growing credit union in America.

Their loan teams have been digitizing parts of the mortgage process for over seven years, starting with going paperless. They knew it was inevitable and wanted to get started.

Loan officers deliver the best customer experience, and technology like Blend helps them compete by being speedy, efficient, and compliant. This is on top of being on par with or better than their competitors.

The Digital Lending Platform technology from Blend has been a key component of their strategy. It enables the team to provide world-class service to consumers.

With Blend's platform in place, Mountain America Credit Union is aiming to offer something truly unique: one-interaction funding approval defined by a standout customer experience.

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Mountain America Credit Union has a rich history dating back to the 1930s when it was founded as the Salt Lake Telephone Employees Credit Union in 1936. The credit union has undergone several name changes and mergers over the years, becoming Mountain America Credit Union in 1984 after acquiring the Postal Credit Union.

It's impressive to see how the credit union has grown to have more than 100 branches across six states. In 2003, Mountain America converted from a state-chartered to a federally chartered credit union, becoming Mountain America Federal Credit Union.

The credit union's philosophy is centered around the idea of "people helping people", which is reflected in its name change to Mountain America Credit Union in 1984. This philosophy is also evident in the credit union's approach to technology investments, which has resulted in significant growth and success.

Mountain America's prioritization of member experience has been a key driver of their success, with a phenomenal growth of over 30% in every segment for the past two years.

Their member-centric approach to technology investments has paid off, with Kazemi even joking that he owes their partner, Blend, money due to the minimum fee.

This approach has positioned Mountain America as the third-fastest growing credit union in America, making them a model for other credit unions to follow.

To continue their success, the team has big goals for the rest of 2018 and beyond, including tapping into the fastest growing demographic of homebuyers on the market.

Their vision is to help members achieve their financial dreams, with owning a home being a big part of that dream for many people.

Mountain America's philosophy of "people helping people" drives their approach to technology and member experience.

Their focus on removing fear and intimidation for members, especially when it comes to financial products like mortgages, is a key part of their strategy this year.

By partnering with forward-thinking companies like Blend, they're able to stay ahead of the game and offer a seamless digital mortgage experience that can compete with top lenders.

Mountain America Credit Union has a rich history dating back to the 1930s. It was originally founded as the Salt Lake Telephone Employees Credit Union in June 1936.

The credit union has undergone several name changes over the years. In 1984, it acquired the Postal Credit Union and became known as Mountain America Credit Union.

Here are some key milestones in Mountain America Credit Union's history:

Mountain America Credit Union has grown significantly over the years, expanding its reach to multiple states, including Utah, Idaho, Montana, Nevada, Arizona, and New Mexico. Today, it has more than 100 branches across these regions.

Mountain America has branches in just six states, but members have access to ATMs nationwide through the Co-op network. This convenience allows you to manage your finances on the go, no matter where you are.

The Co-op network provides a vast network of ATMs, giving you access to your money when you need it.

You can open a primary savings account with as little as $1 at Mountain America Credit Union, making it easy to get started with saving.

A balance of at least $100 is required to earn interest on your primary savings account.

You can also have a secondary savings account to save for a specific goal, which has no minimum balance requirement.

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This secondary account earns the same APY as the primary account, regardless of the balance.

Youth Savings and Teen Savings accounts are available to help young savers build good savings habits.

Money market accounts are also available as individual retirement accounts, offering a flexible way to save for the future.

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Mountain America CU offers a convenient banking experience, especially when it comes to accessing your money. You can visit one of their six branches across different states.

Their membership doesn't limit your access to ATMs, thanks to the Co-op network. This means you can use ATMs nationwide without worrying about where your branch is located.

Mountain America CU has a presence in six states, making it relatively easy to find a branch near you.