WEST JORDAN, UT -- (Marketwired) -- 09/25/13 -- Mountain America Financial Services (MAFS), a wholly-owned subsidiary of Mountain America Credit Union, recently appointed Jared Johnstone as president. Prior to his appointment he served as the vice president of deposit operations and business services for Mountain America, where he administered all of the credit union's deposit programs.
"Jared is a great fit to lead Mountain America Financial Services," said Marshall Paepke, executive vice president/chief administrative officer for Mountain America Credit Union. "Jared's work ethic and years of experience in the financial industry will help establish MAFS as an industry leader."
Johnstone joined Mountain America in 1991. He was the key researcher and program coordinator for the company's entry into the small business banking market in 2002. Since that time he has consulted with nearly 40 other credit unions in helping design and establish small business banking services. Johnstone has become a go-to person in the credit union industry for trade publication stories and advice in establishing small business banking programs.
Johnstone will be responsible for overseeing the company's life, home, auto and commercial insurance agencies; tax services and other financial services; evaluating new business opportunities; managing relationships with current business partners and developing strategic plans.
MAFS is one of the nation's premier financial institutions. MAFS is based in South Jordan, Utah, and provides a number of value-based products and services, including those offered by Mountain America Insurance. For more information, visit www.mountainamericainsurance.com.
Mountain America Credit Union has more than $3.5 billion in assets and serves more than 420,000 members, wherever they are, through online and mobile banking, 76 branches in five states, and provides access to more than 30,000 ATMs and 5,000 shared-branching locations nationwide. With Utah credit union roots dating back to the 1930s, Mountain America has become a tradition for many members, offering 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.
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Media Contact:
Bryan Packer
Mountain America Credit Union
801-325-6439
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