Mountain America Credit Union

Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

Mountain America Credit Union loans

A one-stop-shop for borrowing with flexible terms in the Mountain States.

No reviews yet. Write a review
Mountain America Credit Union (MACU) offers a wide range of loans for personal and business funding, from unsecured general-use loans to dirt bike financing. Many of its loans allow you to skip up to two repayments a year, making it one of the more flexible borrowing options out there.

But its loans don’t always have the most competitive rates. And you’ll have to meet its narrow membership requirements to qualify.

What types of loans does MACU offer?

You can find the following types of loans at MACU:

  • Personal loans. MACU offers unsecured personal loans up to $20,000 starting at 8.99% APR with terms up to five years. You can also borrow against your MACU CD or savings account.
  • Auto loans. New and used car loans as well as refinancing with fixed APRs starting at 3.24% and terms from three to six years.
  • RV, travel trailer and boat loans. Finance a new or used vehicle or apply for refinancing with fixed APRs starting at 5.49% and terms of 10 or 12 years.
  • ATV, utility, dirt bike, watercraft and snowmobile loans. New and used vehicle financing as well as refinancing with fixed APRs starting at 5.24% and terms from three to six years.
  • Student loans. Borrow between $10,000 and $40,000 to supplement federal aid, go to trade school or cover continuing education classes with variable APRs starting at 6%. Or refinance private loans with fixed APRs starting at 7.75%.
  • Short-term loans. A payday alternative loan (PAL) from $350 to $1,000 with a six-month term and rates fixed at 28% APR.
  • Business loans. Borrow between $10,000 and $50,000 with variable rates of 6% to 6.5% plus the prime rate. Business lines of credit and equipment financing are also available at different amounts and rates.
  • Home loans. MACU provides a wide range of mortgages, from FHA to lot and land loans. You can also apply for a home equity loan through this credit union.

Why should I consider taking out a loan with MACU

From its skip-a-pay program to its loyalty discount, here are a few perks of borrowing from MACU:

  • Skip-a-pay program. Most personal and auto loans come with the option to skip a payment up to two times every year for a $25 fee.
  • Coapplicants welcome. You can apply with a parent, spouse or another applicant to strengthen your application and share the responsibility.
  • Loyalty discount. You can get a 0.25% rate discount if you make repayments from your MACU MyStyle Checking Account.
  • Join after approval. You don’t have to become a member until after you get approved for your loan — most credit unions require you to apply for membership before or during the application.
  • Live-chat available. You can get answers to most questions without picking up the phone from 8:30 a.m. to 5:30 p.m. MT through its live-chat feature on its website.

Where does MACU fall short?

Consider these potential drawbacks before taking out a loan from MACU:

  • High starting rates. While MACU might not charge fees, its starting rates are higher than average — even compared to some online lenders. Rates are even less competitive if you don’t have a MACU checking account.
  • Limited availability. You won’t qualify for a loan with MACU if you don’t live in Idaho, New Mexico, Utah, Nevada or Arizona.
  • Few customer reviews. Only a handful of customers have left online reviews about their MACU experience — and what’s there isn’t inspiring.
  • Limited information available online. You won’t find much information about rates and eligibility requirements on MACU’s website — making it difficult to compare the credit union to other lenders out there.

How much will it cost me to borrow with MACU?

It depends on the type of loan you get. Most loans come with APRs that start slightly higher than average. The one exception is its short-term loan, which is much less expensive than a payday or installment loan.

MACU doesn’t charge any application or origination fees on most of its loans. The only fee you might end up paying is a $15 late fee if you miss a repayment. You can avoid this by signing up for the skip-a-pay program for a $25 fee — which won’t damage your credit.

What do borrowers say about MACU?

Barely anything, as of November 2019. It gets a C- rating from the Better Business Bureau (BBB) based on its failure to respond to a complaint against the business. It’s also not accredited by the BBB. But no customers have left reviews, and only four customers have left complaints. It only has one negative review on Trustpilot, giving it a meaningless rating of 3.2 out of 5 stars.

The details of most complaints aren’t available. One customer complained about the lack of bank account security, and another said they’d been charged more fees than expected on their credit card. None of the reviews mentioned loans.

Are MACU loans safe?

Generally, yes. MACU uses multiple layers of security features to protect your online information, such as encrypted online forms and security questions — though one customer complained that their account had been repeatedly hacked. It also has a page on its website with tips on how to make sure your information stays protected, such as avoiding free Wi-Fi networks and keeping your devices updated.

How to apply for a loan with MACU

MACU offers several different ways to apply for a loan. You can use its app, apply online, visit a branch or call its customer service line to get started.

Here are the steps you might follow online:

  1. Go to the MACU website.
  2. Click Loans in the main menu and select the type of loan you’d like to apply for.
  3. Click Apply online.
  4. Enter your email address and click Get Started.
  5. Answer questions about your membership eligibility and the type of loan you’d like to borrow. Click Continue.
  6. Review your answers and the disclosures. Click Submit.

Typically, a MACU representative will reach out to you in one to two business days with a decision. If approved, they’ll let you know the rates and terms you qualify for and provide instructions for completing the application. Depending on the loan, you might receive your funds as soon as the same day you sign your loan documents.

Eligibility requirements

Eligibility requirements vary depending on the type of loan you’re interested in. However, for all loans you’ll need to qualify for membership by meeting at least one of the following criteria:

  • Resident of an eligible county. You must live in Salt Lake, Duchesne or parts of Wasatch or Uintah counties to be eligible based on your residence.
  • Family member of a MACU member. This includes parents, children, siblings, spouses (including surviving spouses), siblings, grandparents, grandchildren, stepchildren, step-siblings, stepparents and any adoptive relationship.
  • Live with a MACU member. You can also qualify if you share an address with a MACU member, even if they’re not your relative.
  • Work or volunteer with an eligible organization. Find out if your employer qualifies on the MACU website.

You likely won’t meet these criteria unless you live in Arizona., Idaho, Nevada, New Mexico or Utah.

More about MACU

This Utah-based credit union first opened in 1936 during the height of the Great Depression. Since then, it’s grown to serve customers across the Mountain States. It’s also consistently given back to its community by supporting nonprofit and educational organizations.

Compare loan providers similar to MACU

1 - 8 of 8
Name Product Filter Values APR Min. Credit Score Loan Amount
Credible personal loans
3.99% to 35.99%
Fair to excellent credit
$600 to $100,000
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
Best Egg personal loans
5.99% to 35.99%
$2,000 to $50,000
A prime online lending platform with multiple repayment methods.
Upstart personal loans
5.4% to 35.99%
$1,000 to $50,000
This service looks beyond your credit score to get you a competitive-rate personal loan.
Upgrade personal loans
5.94% to 35.97%
$1,000 to $50,000
Affordable loans with two simple repayment terms and no prepayment penalties.
LendingPoint personal loans
7.99% to 35.99%
$2,000 to $36,500
Get a personal loan with reasonable rates even if you have a fair credit score in the 600s.
SoFi personal loans
6.99 to 22.23%
$5,000 to $100,000
A highly-rated lender with competitive rates, high loan amounts and no fees.
LendingClub personal loans
6.34% to 35.89%
$1,000 to $40,000
A peer-to-peer lender offering fair rates based on your credit score.
Monevo personal loans
1.99% to 35.99%
$500 to $100,000
Quickly compare multiple online lenders with competitive rates depending on your credit.

Compare up to 4 providers

1 - 3 of 3
Name Product APR Min. Credit Score Loan amount Loan Term
College Ave undergraduate student loans
0.94% to 12.99%
Not stated
Starting at $1,000
5 to 15 years
Rates start at 2.84% for residents of all 50 states.
Sallie Mae® Smart Option Student Loan for Undergraduates
1.87% to 11.97%
Not stated
Starting at $1,000
5 to 15 years
Choose from over 8 different options for undergraduates, law students and more.
SoFi Student Loans
1.89% to 11.98% with autopay
Starting at $5,000
5 to 15 years
Undergraduate financing with no late fees to US citizens with good credit.

Compare up to 4 providers

1 - 3 of 3
Name Product Filter Values Minimum credit score APR Loan term Requirements
No minimum credit score
3.9% to 27.9%
1 to 6 years
18+ years old, annual income of $4,000+, no active bankruptcies
Get pre-qualified for used car financing and receive competitive, personalized rates.
Monevo Auto Loans
3.99% to 35.99%
3 months to 12 years
Credit score of 500+, legal US resident and ages 18+.
Quickly compare multiple online lenders with competitive rates depending on your credit. Car Loans
Starting at 2.15%
550+ credit score, no open bankruptcies, $24,000+ annual income, US citizen or permanent resident, 18+ years old
Get up to four offers in minutes through one simple application. Multiple financing types available including new cars, used cars and refinancing.

Compare up to 4 providers

1 - 5 of 5
Name Product Filter Values Min. Amount Max. Amount APR Requirements
Lendio business loans
Finder Rating: 4.75 / 5: ★★★★★
Lendio business loans
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
OnDeck short-term loans
Finder Rating: 4.6 / 5: ★★★★★
OnDeck short-term loans
As low as 35%
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Biz2Credit business loans
Finder Rating: 4.7 / 5: ★★★★★
Biz2Credit business loans
Starting at 6.50%
6+ months in business; $100,000+ annual revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
ROK Financial business loans
Finder Rating: 4.7 / 5: ★★★★★
ROK Financial business loans
Starting at 6%
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
Fundbox lines of credit
Finder Rating: 4.2 / 5: ★★★★★
Fundbox lines of credit
Not stated
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.

Compare up to 4 providers

1 - 0 of 0
Name Product Filter Values Loan amount Turnaround time Requirements
Tidal Lending
Tidal Lending
$100 to $30,000
As Soon As Next Business Day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Chime SpotMe overdraft
Up to $200
$200 in qualifying direct deposits into a Chime checking account in the last 34 days
OppLoans Installment Loans
$500 to $4,000
1 business day
Direct deposit, Meet minimum income requirements, Live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$100 to $2,500
Same business day to 1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.

Compare up to 4 providers

Bottom line

MACU could be a good option if you’d like to keep all of your money in one place or are looking for flexible repayments. But its limited availability and high starting rates might make you want to look elsewhere.

You can find out how it compares to other providers by reading our guide to personal loans.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site