Mountain America Credit Union Review | Compare Loan Options | Credit Raters us-lenders
Last updated: 28th Feb 2020

Mountain America Credit Union Review

If you are planning an urgent project and you are short of cash, then Mountain America Credit Union (MACU) could be the answer to your situation. It offers various loan products, including home renovations and auto financing. The rates and repayment terms are among the best that you’ll find in the industry. 

Since it was launched in the 1930s, its primary goal has always been to help its members to achieve their financial goals. It offers a combination of friendly services, affordable products, financial education, and community involvement. 

The loan application process is simple, and you can qualify for short-term loan amounts of up to $1,000, which can be funded on the same day. To find out if MACU is the right place to seek credit facilities, here is a comprehensive guide of its key features and requirements. Make sure to read to the end! 


MICU offers short-term loan amounts ranging from $350 up to a maximum of $1,000, regardless of your credit history. It also offers higher loan facilities for businesses and financial services such as auto loans. 

As well, the rates are very competitive as to help you fix your emergency crisis without exposing you to financial debts. Even if your credit score is poor, it won’t attract high-interest rates as it would with most online lenders. 

The rates and the repayment terms offered may vary based on factors such as the loan products, loan amounts, and much more.

On average, here is an estimate of what to expect;

  • Minimum short-term amount – $350
  • Maximum short-term amount – $1,000
  • Maximum Loan amount – $10,000
  • APRs – 3.24% to 5.24%
  • Maximum rate – 28%
  • Loan security – unsecured 
  • Loan term –  up to 6 months for short-term loans and 60 months for personal loans 
  • Turnaround time – same day 

Key features 

One thing about MACU is that it offers a variety of unique features that you won’t find with most online lenders. It has almost everything you can get with a bank. You have access to a savings account, checking account, auto loans, credit cards, business checking, retirement plan, SBA loans, and much more. 

All these services are available through online banking, mobile app, and you can visit one of their 95 branches in the 5 eligible states including Utah, Nevada, Idaho, New Mexico, and Arizona. Another unique feature with MACU is that you may still qualify for a loan even with bad credit.

While its services are great, you may not qualify for a loan with them if you don’t live in the eligible state. As well, its minimum requirements are a little harder to fulfill compared to other short-term lenders. For instance, to qualify for a loan, you must have been a member of MACU for one month or more. If you don’t have an existing account and can’t wait until one month, you may have to explore other options. 

Other advantages and disadvantages of using MACU include:


  • Competitive rates 
  • Access to a wide range of products 
  • Same day funding 
  • Easy application process 


  • Not available in all states 
  • Must be a member of MACU for a month or more 


The ATM retained my card, what next? 

All retained cards are retrieved from the ATMs every morning on all business days. If the ATM kept your card, you can visit the specific branch and correct your card. As well, you can request a new one if you have already travelled to a different location. 

Can my family members join MACU? 

If you’re an existing member, your immediate relatives are eligible for membership. They will be required to provide your name during the account opening process. In some cases, additional proof may be requested for verification. Family members who can join include parents, children, spouse, grandparents, siblings, and grandchildren, including those that are adopted. 

What documents are required during loan applications? 

MACU may request you to provide several documents before approving you for a loan. These may include your ID, the most recent income pay stubs or tax returns. 

What is the maximum short-term loan amount that I can qualify for? 

MACU offers loans amounts from $300 to $1,000. However, it’s not guaranteed that you’ll qualify for the maximum amount or any amount at all. 

Eligibility Criteria

To qualify for a loan with MACU, you must meet the following minimum requirements;

  • Be a MACU member for at least 1 month
  • Have a MACU saving or checking account 
  • Be employed for 6 months or more at the current job
  • Have a monthly income of $1,000+
  • Have no open bankruptcies 

You may be asked to provide specific documents for verification purposes. 

State Availability

To qualify for a loan, you must live in one of the following eligibility states;

  • Idaho 
  • Utah
  • Arizona 
  • New Mexico 
  • Nevada 

Customer support

If you have any inquiries about MACU services, you can contact their customer support team at 800-748-4302. As well, you can visit one of their branches. 

Application process

With MACU, you can either apply for a loan at your local branch, over the phone or through the app. During the loan application process, you will be required to provide the following details;

  • Your full name 
  • Email address and phone number 
  • Residential address
  • Social Security Number 
  • Monthly income 
  • Employment information 
  • Bank account number 
  • Financial information 

If the application request is approved, you will be offered a loan contract detailing the loan repayment terms. Read the agreement and only sign if you’re comfortable with all the terms and regulations. Otherwise, you can choose not to proceed. 


MACU prides itself on offering unique financial products with very competitive rates. As well, the high number of branches makes it convenient for most clients who are not comfortable with online transactions.

Even if you need a business or an auto loan, you can qualify for large loan amounts with very low-interest rates of less than 3%. The application process is straightforward, and funding can be processed on the same day. 

If you are positive that MACU is the right credit union for you, you can register online or visit one of their branches today.