Mountain America Credit Union Celebrates National Small Business Week


SANDY, Utah, May 09, 2019 (GLOBE NEWSWIRE) -- Mountain America Credit Union celebrated National Business Week by hosting Sandy Area Chamber of Commerce’s Let’s Do Lunch event which featured Cotopaxi’s co-founder Stephan Jacob. Under Stephan’s leadership, Cotopaxi grew from a small local business to an international business in just a little over two years.

Small businesses are central to our communities, employing more than one-third of the country’s workforce and generating roughly 44% of the U.S. gross domestic product (GDP). Established to help individuals and businesses achieve their financial dreams, Mountain America currently serves over 50,000 business members.  

“Mountain America celebrates the entrepreneurial spirit America was founded on,” says Nathan Anderson, executive vice president, and chief operating officer at Mountain America Credit Union, and chairman of the board at Sandy Area Chamber of Commerce.  “We recognize the significant role small businesses play in creating jobs and improving communities and commend small business owners for their hard work and contribution.”

Mountain America Credit Union was recently ranked first among credit unions in business deposit accounts nationally by Previously, Mountain America was ranked #1 in the Western region for six consecutive years and #2 nationally for five of the past six years.  Additionally, the U.S. Small Business Administration has ranked Mountain America as the top SBA Lender for credit unions in the nation for the past 15 years.

Mountain America is a full-service business financial institution and focuses on meeting the individual needs of each of its business members. Business Services include ACH payments and receipts, online domestic and international wires, remote deposit capture, mobile business remote deposit, merchant services, payroll processing, project management, fraud mitigation tools for check and ACH debit, and more. Mountain America has been providing solutions to businesses for over ten years and can customize business accounts based on member needs. A dedicated team of business account executives and a fully trained support staff are ready to serve business members.

About Mountain America Credit Union
With more than 820,000 members and $8.5 billion in assets, Mountain America Credit Union assists members on the right path to help them identify and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 90 branches across five states, thousands of shared-branching locations nationwide and more than 50,000 surcharge-free ATMs. Mountain America—safely guiding you forward along your financial journey. Learn more at

A photo accompanying this announcement is available at

Stephan Jacob, co-founder and COO at Cotopaxi recounts his story of success at the Sandy Area Chamber of Commerce’s Let’s Do Lunch event at the Mountain America Center on May 7, 2019.

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