# MOUNTAIN AMERICA
SANDY, UT · NCUA charter 24692 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mountain-america-24692

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 1,433,256 members of 15,311,541 potential (9.4% of the field); checking penetration 92% (share draft accounts per 100 members); loans per 100 members 74.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $22.66B |
| Members | 1,433,256 (5.8% YoY) |
| Full-time staff | 3618 |
| Net worth | $2.13B |
| Net worth ratio | 9.4% (p29 of band) |
| ROA (annualized) | 0.87% (p58 of band) |
| Total delinquency | 1.03% (p62 of band) |
| Net charge-offs (annualized) | 1.29% (p88 of band) |
| Loans / shares | 92% (p62 of band) |
| Cash / assets | 12.2% |
| Borrowings / assets | 0.44% |
| Net interest margin | 3.87% (p92 of band) |
| Operating expense / assets | 3.38% (p88 of band) |
| Vehicles % of loans | 34% (p79 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 202% (p62 of band) |
| Vehicle delinquency | 1.12% (p75 of band) |
| Vehicle NCO | 2.12% (p88 of band) |
| Repossessed % of vehicle book | 0.08% (p38 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 117% |
| Core shares % of member funds | 25% |
| Certificates % of member funds | 34% |
| Average share balance | $5,058 |
| Participations bought / yr | $0 |
| Participations sold / yr | $127.8M |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 74% |
| Loans granted per 100 members, annualized | 36% |
| Average loan balance | $17,309 |
| Loans granted, annualized | $7.84B |

## Participation posture (from the same filings)

Bought $0 and sold $127.8M in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $155.4M sold and retained. Sold in 8 and bought in 0 of the last 8 quarters. Shares 6.3% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 5 | thin capital, net worth falling |  |
| 2017-09 | 3 |  | thin capital, net worth falling |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | leaning on borrowings |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | loans>95% of shares |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans>95% of shares |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | expense trap |  |
| 2020-06 | 4 | thin capital, net worth falling | loans>95% of shares |
| 2020-09 | 4 | margin squeeze | net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 5 | net worth falling |  |
| 2021-06 | 3 |  | margin squeeze, net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | thin capital |
| 2022-03 | 1 |  | expense trap |
| 2022-06 | 2 | expense trap |  |
| 2022-09 | 3 | loans>95% of shares, leaning on borrowings | expense trap |
| 2022-12 | 3 | expense trap | leaning on borrowings |
| 2023-03 | 3 | delinquency rising | expense trap |
| 2023-06 | 4 | expense trap |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 | net worth falling | expense trap |
| 2024-03 | 4 | expense trap | loans>95% of shares |
| 2024-06 | 2 |  | delinquency rising, net worth falling |
| 2024-09 | 1 |  | expense trap |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-03 [Mountain America Credit Union issues statement amid customer backlash due to system update troubles - ABC4 Utah](https://news.google.com/rss/articles/CBMimwFBVV95cUxOTVJvaWFfQ3FVV2xKQ1plUXl1bUpKbDUzcXBhOEFhREJqaUM3bDBYd21jcDhyckxQNXJCcWRnRUJPYXdHRXBEZTlJOHI1LWtSNnNKRG5KOHVIVHpQRXhnejdUbHM0OGJ6SnpEX2IyRjF2aHJReDhialdmUFVRWU5iVmFqbVJnc1hzTVVjb2RYdG83UklFMDJaNS1jNNIBoAFBVV95cUxQR3BDbVZ5RUhlcTVWMWk3NC1KZXFtdENJczV1Y2djQ3hxeDByYVNHVDZzTEJlZHBSdy1qMEQ3b00xY09yd3lJZEc0QW5kejl4WjBmUFB4TXNLY3lTc1lpbVlPNEZneEtYMWNXVG5PUENlT2dkdFY3bXU5dnVxdlBKNjhxbEVYYXFlSW81UVFqSG5IUV9jNjlGTm54NVdhY2xG?oc=5) · ABC4 Utah
- 2026-06-29 [Oak View Group & Mountain America Credit Union Announce Naming Rights Deal For 5,000-Seat Event Center At Draper, UT's The Point - Pollstar News](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNeXRTeklsaXFHSVBrTVVvUUJsZ0gwX2tyU3U1MnpHLXVTUEdSaWwtRThqQldjdkcxQmZfZUZWVnZHRUdzUFlXSm11ZU1KY2xtbGJ5VGRTSlA4NXRmaWNZX1VUYTRuQTd5MWFmQTc4OHVGQmhtbWtOZ1VkOFU2a2ZCWDhXdVI0Q1hxeUwwaGQwbWhEQ0hTZUgzNFZrSTgyNFJnS1R3c25udFp4R1QtblpDbF9jWFlwM0hCcFE5RW5jWkhWVk9uREtxSGxDSkcwWVU1TzN0a3ZkU0M4YzJ2dkwxV0tCdEk2a2RtVTNBQ2Q4RDh6bm8?oc=5) · Pollstar News
- 2026-05-05 [The 10 Largest Credit Unions In The U.S. - Bankrate](https://news.google.com/rss/articles/CBMidEFVX3lxTFA4ZGZEYmpOV1llV1R3VDk5T1pYcURFb01HcEc0VTQ2RlFfajJfa1UtMi1HRGN6ZDFsaXUzcEVsaDlKZDE5NW9YTkgyWU82V3lWT25sYi1SOXlNSWhlT0p0N1JLbzFKaWJRc2N5dHozMndDbVI0?oc=5) · Bankrate
- 2026-07-23 [MACU celebrates 90 years with grant to local nonprofit - Southern Utah News](https://news.google.com/rss/articles/CBMiigFBVV95cUxORmZxV2ZsSVFxeHEyQmJOdk02YjlGRkNXR1ZWLVEyVkl6Qi1kWUltU2JpUFhTQm9WUVZpY1J0SWRfNFRUV1dIZ0h2ZnBhZUd1eHphMlR4bjlmYjJ4TlhMSHFza0FqQXl4QzR0MFp1cVZOSkJNek1tb2xhOVZsMWo5WWNUNFRkakpKb1E?oc=5) · Southern Utah News
- 2026-02-14 [Three arrested in St. George after attempt to cash fraudulent $10k bond - KUTV](https://news.google.com/rss/articles/CBMingFBVV95cUxPbUV1WWtick43SWQwYTN5TG5vZG9ZZVByb2tmdlpwRjJ5SURuWlNvajJxLUdFbGZjYjRCSkdUVVpqczctaFlSQzV1ak9zM2ZNenR5cEZpbmtYYlphQV84bGF0YWZLU1c5MXNUczlpYjFlbUFUYWQ4NnF1azFiYndNN3otWk5QMmF3blpHeG5mZ2x2MzM2dFJWWDd0blFiUQ?oc=5) · KUTV
- 2026-04-16 [Northern Utah teachers invited to apply for statewide $1,000 classroom funding - Cache Valley Daily](https://news.google.com/rss/articles/CBMi-AFBVV95cUxOOHRGMWlzeWs0eS1UMDVabVYxYldYS2R3N0cwV2Q1cmwwclZmc3F6d00tVHpnVjlMUGhPLUpORnJoaGF5LUsxZWd6LW9fRHJZYUxrM0VlTlJlTEI3bWlEbk12QWNnaXlLUzNOaTV0UmlmYkNCSW00ZllFUEtnbGZTTGc5TGxtY0hDYWE4ckotSl8xTXJUWlVjYWlfUEVwWV9RUTV2TXptM0xKRlhicDNDUm9lQ0VBNktFd3R1RloydHF0aTZOVng0MWEtX0xURzF3N0w4Rjd0a0VJQW4zdTcxS0o4dHc5MFpvTWtLc3BjMlRWUU1fX1Vtdg?oc=5) · Cache Valley Daily
- 2026-01-09 [Police arrest Hurricane man suspected of robbing local credit union after he flees with 'a bag of cash' - St. George News](https://news.google.com/rss/articles/CBMihwJBVV95cUxQZ0QzY3JWUUFaTHhmVHJnbjNpMXBIQWVJSHlZS3B1QXFfOHVYVE1fcTJfYTZ2Ry1mdnBrZE54bVYzMURlbmFKQjFnbGl4aU0wLVNPb0dUbFJLMjczMmF6UXRLMjgtOEhXMnZ6SWJ6VGlCNGUxdEdWWXpFODZfcnR0VEZ1N2xBNmJvSzhsMFV5bWV0NDZoNk1QR0JqbGlnRENmb0hFbnBCSFc2R0NTb1YxNlFxTEdrSjFhUmpfTFJKcC1FcDJtOW9YSUxLQzhxSFR4b05pbEhDN0hUNGRHUzNDZnMwVVVWQzJDME5nM3IzVE5ORmM5dWlnTXZOT1ZrYnNTc1VTZ3RoZw?oc=5) · St. George News
- 2026-01-09 [Hurricane credit union robbed, suspect in custody - ABC4 Utah](https://news.google.com/rss/articles/CBMie0FVX3lxTE5xWmUtR0g5Tk1veDhNeDhvVVZQNkNLdk1xWEhwQ0U0VFRveFhDZmo4SDVJZnBpSG5xMEdWVkhVcTh1VEhsU3dFT0pNOE9aOFROV2JTbmxVYjR5akNESy1WVUhxVjF0dmFINTY2eGJiVGg3Nmh4SURublRWQdIBgAFBVV95cUxPMU82RzRxU1FYVVVOQi00b0RiN2RQQV94aG9fb29iM3lkeUtSX1huWVFDRmNPcHdHaWtDVmJiMGt5YnczN05NM180M1lxSzM1bS1CUXZqZTZiSEo0VUhpQkZ1eVUtVlpXMzloOHZjWTVwbHZ6bzhkLTRNRnRxMzdMNg?oc=5) · ABC4 Utah

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24692 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/52.json (key "24692", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=24692
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide