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On-Site Coverage: Mountain America CEO Details Explosive SEG Growth

Mountain America Credit Union may have been at the epicenter five years ago of what many saw as crippling banker attacks, but today the $2.3 billion Salt Lake City CU enjoys unparalleled 25% new member growth, 1.64 ROA and 8.8% capital, its president/CEO Gordon Dames told directors Thursday.

By Jim Rubenstein | Updated on August 10, 2007

LAS VEGAS — Mountain America Credit Union may have been at the epicenter five years ago of what many saw as crippling banker attacks, but today the $2.3 billion Salt Lake City CU enjoys unparalleled 25% new member growth, 1.64 ROA and 8.8% capital, its president/CEO Gordon Dames told directors Thursday.

“We’re obviously pretty happy about our record which we simply attribute to our SEG development,” declared Dames who spoke at a break-out session at the 30th annual National Directors Convention winding up its four-day conference here.

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