Mountain America Credit Union Named Top Credit Union SBA Lender Nationally

WEST JORDAN, UT--(Marketwired - Jun 5, 2015) -  Mountain America Credit Union has been recognized as the top Credit Union SBA lender in the nation by the U.S. Small Business Administration and the SBA Utah District Office. Mountain America was number one among credit unions in total approved loans and total dollar volume of loans, making 150 SBA loans totaling nearly $27 million in 2014. Mountain America representatives accepted the award during the Utah Small Business Awards luncheon hosted by the SBA Utah District Office on May 5, 2015. 

"We are honored to once again be named the top small business lending credit union in the country," says Nathan Anderson, EVP and Chief Operating Officer of Mountain America. "Small businesses are the backbone of the economy. We're proud that business owners can turn to Mountain America for business loans with low rates and flexible terms, helping the economy to grow and thrive."

Mountain America operates under the SBA's Preferred Lender Program (PLP) and Express Lender designations, part of the SBA's effort to streamline the procedures necessary to provide financial assistance to the small business community. Under this program, the SBA delegates the final credit decision and most servicing and liquidation authority and responsibility to carefully selected PLP lenders such as Mountain America. Streamlined programs like this significantly reduce the time required to approve financing.

For more information about small business lending, visit https://www.macu.com/business.

Mountain America Credit Union has more than $4.5 billion in assets and serves more than 525,000 members, wherever they are, through online and mobile banking, 84 branches in five states and access to more than 30,000 ATMs and 5,000 shared-branching locations nationwide. With roots dating back to the 1930s, Mountain America offers a variety of financial products and services for consumers and businesses, including savings accounts, auto loans, checking accounts, mortgage loans, business checking, student loans, SBA loans and retirement options. Visit www.macu.com for more information.