Mountain Credit Union

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A short history of Mountain CU

Since its inception in 1963 the Mountain Credit Union has been serving its members in the Waynesville, North Carolina area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Patty Idol, the Mountain CU has grown its membership to over 22,755 with assets of more than $202,823,106. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (828) 456-8627 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Waynesville, NC.

General Information For Mountain CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68531
Address 38 Maple Street 
City Waynesville 
State North Carolina 
Zip-Code 28786
Phone Number (828) 456-8627
Fax Number (828) 452-7383
Email Address: none
CEO/President Patty Idol
Members 22,755 
Full-Time Employees 68 
Part-Time Employees
Number of Branch Offices
Total Assets 202,823,106 

Compare Mountain Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Wnc Community Cu CU WNC Community CU 27 Kent Ln 28786 (828) 456-1840 No 1.97
Champion CU Champion CU - Arden 2311 Hendersonville Rd 28704 (828) 274-2040 No 9.74
Ecusta CU Main Office 2074 Asheville Hwy 28768 (828) 884-7283 No 19.67
Telco Community Credit Union CU Adminstration Office 712 New Leicester Hwy 28806 (828) 252-6458 No 22.12
Arcade CU Arcade Credit Union 151 Patton Ave Ste 280 28801 (828) 254-1582 No 25.63

Mountain Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Mountain Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.00 5.03 5.97 4.27 5.51
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 46 400 440 176 290
Rank Among All North Carolina Credit Unions 5 36 38 20 15

Mountain Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 0.46 0.49 0.95
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 66 268 166
Rank Among All North Carolina Credit Unions 10 9 10 25 10
Mountain Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.0002,1743,407,804
All Other Unsecured Loans/Lines of Credit 13.4303,67810,394,283
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.03050310,379,094
Used Vehicle Loans 5.9703,80044,060,618
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.27020518,066,246
Total Other Real Estate Loans/Lines of Credit 5.5102758,169,425
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.9905795,505,740
TOTAL LOANS & LEASES 11,21499,983,210

Mountain Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 635,528,7421236,000
    b. 15 Years or less 14112,118,7536586,404
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 1418,75100


Closed-End Fixed Rate 981,906,81600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1776,262,60913777,800
Open-End Fixed Rate 0000
TOTALS 48026,235,671201,600,204


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Mountain Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes