Mountain America Credit Union has been named LPL Financial's 2011 investment program of the year beating out 750 financial institutions for the honor.
The $2.9 billion credit union in West Jordan, Utah was recognized for its advisor production, assets under management and advisory growth. As of the first quarter of 2011, LPL ranked Mountain America as its fifteenth highest producer overall and third among credit unions, according to the cooperative.
"To be recognized as the best out of 750 investment programs is a tremendous honor. It goes to show that with the right tools in place–the support of senior management, a fantastic service culture and solid hiring practices–and a focus on our members' financial well-being, it's possible to build a strong investments program," said Matthew Clark, Mountain America's vice president of financial services.
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