Mountain America Federal Credit Union CD Rates

Mountain America Federal Credit Union, out of West Jordan, Utah, is the 16th largest credit union in the country in terms of membership (roughly 320,000 members) and 30th largest in terms of assets (roughly $2.8 billion).

Mountain America Federal Credit Union was formed in 1934 originally as the Salt Lake Telephone Employees Credit Union. However, after merging with Postal Workers Credit Union in 1984, the credit union changed its name to Mountain America to better reflect the diversity of their membership. In 1988, Mountain America merged with Utah State Credit Union, becoming the second largest credit union in Utah and setting their course as a modern, full-service financial institution.

Today, their extensive network of branches and ATMs spans much of the Inter-mountain West, including Utah, Nevada, Arizona and New Mexico. They also belong to an extensive shared branching network as well as several ATM networks, including the CO-OP Network, which allows members to complete surcharge-free transactions at more than 25,000 ATMs nationwide.

Its deposit accounts offer dividends with great interest rates. You can open a certificate of deposit account ranging from 6 months to 5 years and earn the following interest rates:

- 6 month Certificate will provide an interest rate of 0.50% APY with a minimum deposit of $500 required.

- 12 month Certificate will provide an interest rate of 0.75% APY with a minimum deposit of $500 required.

- 18 month Certificate will provide an interest rate of 1.25% APY with a minimum deposit of $500 required.

- 24 month Certificate will provide an interest rate of 1.40% APY with a minimum deposit of $500 required.

- 36 month Certificate will provide an interest rate of 2.00% APY with a minimum deposit of $500 required.

- 48 month Certificate will provide an interest rate of 2.30% APY with a minimum deposit of $500 required.

- 60 month Certificate will provide an interest rate of 3.00% APY with a minimum deposit of $500 required.

Features:
@ The above rates have been noted as on 10 March, 2010.
@ Penalties apply for early withdrawals.
@ Your funds are insured by NCUA up to $250,000.

A minimum deposit of $500 is required for the CD accounts.

Contact Info:

Phone: 1-800-748-4302

Website: www.macu.com

address:

Mountain America Credit Union
P.O. Box 9001
West Jordan, UT 84084-9001