Mountain America Credit Union

The credit union was founded to serve employees of the Mountain States Telephone and Telegraph Company, incorporating in June 1936 under the name Salt Lake Telephone Employees' Credit Union. The organization later became known as the Utah Telephone Employees Credit Union (UTELCU).

In 1984, UTELCU acquired the Postal Credit Union and adopted the name Mountain America Credit Union. The credit union expanded further in 1988 through a merger with Utah State Credit Union (formerly the Utah State Employees Credit Union).

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.

In 2008, the credit union absorbed Salt Lake City Credit Union, which became a division of Mountain America following regulatory approval. The organization has expanded operations into multiple Western states. Mountain America exited the New Mexico market in 2024 by selling its Albuquerque branch operations to Sunward Federal Credit Union.

Mountain America operates more than 100 branches across several western states, including Utah, Idaho, Montana, Nevada, and Arizona.

The credit union has also participated in industry discussions around proposed changes to federal limits on member business lending. Mountain America has been cited in industry reporting as one of several large credit unions supporting legislative proposals to raise federal limits on member business lending.