Press Room

Ideal CU Pays $4,200 to Youth in Financial Literacy Summer Program

Summer Money Talks class 2018

(Woodbury, MN – September 20, 2018) Ideal Credit Union recently hosted two sessions of its award-winning “Money Talks” financial literacy program in July, attracting 42 students from around the metro area. The unique peer-to-peer program, led and taught by high school-age Ideal CU Student Credit Union employees, teaches students the building blocks of personal finance: budgeting, savings and investments, credit, and money management tools. Students in attendance ranged in age from 16 to 22 years and came from a number of local communities, including Champlin, Hugo, Mahtomedi, Little Canada, St. Paul, Maplewood, Oakdale, South St. Paul, Inver Grove Heights, West St. Paul, Cottage Grove, Hastings, Stillwater, Lakeland and more.

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Ideal CU Gives Away $9.6K in Cash Prizes & Food Shelf Donations For the 5th Year in a Row

Ideal CU Valley Outreach Food Shelf Donation

(Woodbury, MN – August 23, 2018) – Ideal Credit Union marked its 5th Annual Community Appreciation Celebration by giving away $6,600 in cash prizes, including a $1,000 daily grand prize for adults age 18 and over, $100 a day for youth age 17 and under, and $3,000 in donations to local area food shelves. The celebration was held over the course of two weeks, starting August 7-16, 2018. Attendees enjoyed over 2,100 hamburgers and had a chance to win fun prizes, visit with kid’s club mascot Bucky Bear, and to give back to our local communities.

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Ideal CU Giving Away $6.6K in Cash Prizes at 2018 Community Celebration

Bucky and friends Community Event

(Woodbury, MN – July 30, 2018) – Ideal Credit Union will give away $6,600 in cash prizes at this year’s Community Celebration, including a $1,000 daily grand prize for adults age 18 and over, and $100 a day for youth age 17 and under. Ideal’s fifth annual summer celebration will be held over the course of two weeks, starting August 7-16, 2018. Attendees will enjoy food, fun, prizes, a special visit from kid’s club mascot Bucky Bear, and a chance to give back to our local communities.

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Ideal CU VP of Mortgage Operations Faith Tholkes Named ‘Super Mortgage Professional’ for 3rd Time

Faith Tholkes preferred photo

(Woodbury, MN – July 18, 2018) Faith Tholkes, Vice President of Mortgage Operations at Ideal Credit Union, has once again been named a “Super Mortgage Professional” for 2018 by Mpls.St.Paul Magazine and Twin Cities Business, marking the third time she has been recognized as a leader in the industry. Tholkes was nominated for the award by clients who view her as a mortgage professional who demonstrates exceptional ability and service.

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Ideal Credit Union Named 2018 Star Tribune Top 150 Workplace

Top 150 Workplace Ideal CU

(Woodbury, MN – July 5, 2018) Ideal Credit Union has been named one of the Top 150 Workplaces in Minnesota by the Minneapolis Star Tribune. Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. The rankings in the Star Tribune Top 150 Workplaces are based on survey information collected by Energage, an independent company specializing in employee engagement and retention. Ideal was ranked 38th on the midsize company list.

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Joshua Anderson Named Business Relationship Specialist for Ideal CU

Joshua Anderson

(Woodbury, MN – June 27, 2018) Joshua (Josh) Anderson has rejoined the Ideal Credit Union team as its new Business Relationship Specialist. Anderson previously served as Branch Manager of the credit union’s Hugo office, where he was responsible for developing growth strategies to ensure the branch’s success. Anderson first started at Ideal in 2011. He left in 2017 for a brief time and recently returned to take on this new role. He has 7 years of experience in the financial services industry.

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Ideal CU ‘Use & Win’ Monthly Debit Card Payout Now Over $18K

Debit Winner Stephanie Smidt

(Woodbury, MN – June 5, 2018) – Ideal Credit Union member Stephanie Smidt and her family had been raising money to bring their baby daughter home from China when she was randomly selected as the winner of September’s $1,000 “Use & Win” Debit Card Giveaway. The Smidts were just nine days away from boarding a plane to pick up the newest addition to their family when they got the news. “Thank you so much Ideal CU for helping us bring our daughter home!!! This money is such a blessing to our family!”

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Ideal CU Named ‘Best Credit Union in East Metro’ 2nd Year in a Row

(Woodbury, MN – May 2, 2018) – Ideal Credit Union has been named “Best Credit Union in the East Metro” for the second year in a row by readers of the Stillwater Gazette newspaper. Ideal became the first credit union to operate in the community in its 164 years of existence when its Stillwater branch opened for business in December of 2016. Ideal has had a strong presence in the east metro for 92 years.

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Ideal CU Announces Personnel Changes

(Woodbury, MN – April 30, 2018) Ideal Credit Union has announced the following personnel changes that have taken place over the past few months. Kari Olson has been promoted to Director of Mortgage Lending Operations. Olson joined the Ideal team in 1992 and has over 25 years of experience in the financial services industry. In her role she will be responsible for monitoring and managing processing, underwriting, servicing and compliance functions of the credit union’s real estate lending area.

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Ideal CU President/CEO and Wife Host ‘Party with a Purpose’ Fundraiser

Food shelf donation

(Woodbury, MN – March 30, 2018) Ideal Credit Union President/CEO Brian Sherrick and wife Terrie hosted a first-ever “Party with a Purpose” fundraiser at their home on March 23rd to benefit the White Bear Area Emergency Food Shelf. The event drew 54 of the Sherrick’s family and friends and helped raise over $5,000, which far exceeded expectations.

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Ideal CU Holds Home Education Seminar Series in 2018

(Woodbury, MN – March 22, 2018) Whether you’re a first-time buyer, or looking to sell your home, Ideal Credit Union’s no-cost 2018 Home Education Seminar series offers expert advice from Ideal CU’s Mortgage Loan advisors and local realtors, home staging and insurance professionals ready to help.

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Ideal CU Launches Zero Down Mortgage Product

(Woodbury, MN – March 5, 2018) Ideal Credit Union has launched a new Zero Down Mortgage product, the first of its kind in the local mortgage market place, which gives prospective home buyers another flexible option to achieve their dream of owning a home.

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Ideal CU Promotes Tina Howe to E-Branch Manager

 

Tina Howe E Branch Manager

(Woodbury, MN – February 15, 2018) Ideal Credit Union has announced the promotion of Tina Howe to E-Branch Manager. Howe joined the Ideal team in 2000 and has worked as a teller, Contact Center representative and was an exceptional employee in the electronic banking channels. She has 18 years of experience in the financial services industry.

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Ideal CU Promotes Emily Kelly to VP of Talent and Administration

 

Emily Kelly VP Talent Admin

(Woodbury, MN – February 2, 2018) Ideal Credit Union has announced the promotion of Emily Kelly to Vice President of Talent and Administration. Kelly joined the Ideal team in 1993 as a teller through the credit union’s OJT (On the Job Training) program with Tartan High School, which is now home to the Ideal CU Student Credit Union. She has also worked in the Contact Center and loan areas. Prior to her promotion she served as Director of Training and Development.

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Ideal Credit Union Promotes Shannon Butler to VP of Digital Innovation

(Woodbury, MN – January 11, 2018) Ideal Credit Union has announced the promotion of Shannon Butler to Vice President of Digital Innovation. Butler joined the Ideal team in 2000 and has served as a teller, Member Service Representative, Marketing Coordinator, eMarketing Specialist and Contact Center manager. Prior to her promotion she served as Director of Contact Center & E-Banking. Butler has 17 years of experience in the financial services industry.

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Ideal Credit Union Has Paid Over $3.1 Million to Back to Its Members

Happy family posing for photo
The Butler family joined Ideal Credit Union 36 years ago in 1982. Their total VIP+ payout since 2013 is now over $2,450.

 (Woodbury, MN – January 9, 2018) – Ideal Credit Union has returned 10% of its 2017 earnings to members through its exclusive VIP Program, rewarding 4,406 VIP+ members with cash dividends between $50 and $600, which were automatically deposited into members’ savings accounts in January 2018. A total payout of $532,150 was returned to Ideal CU members as a result of the VIP Program. Ideal CU has paid out over $3.1 million to VIP members since the program’s inception. Ideal is the only credit union in Minnesota offering this type of rewards program, believed to be the first of its kind in the state.

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Ideal CU’s Annual $4,000 Holiday Debit Card Giveaway is Back

(Woodbury, MN –November 30, 2017) – Ideal Credit Union’s popular $1,000 Debit Card Giveaway is back for another four weeks this holiday season. Ideal CU has held this popular holiday promotion since 2012 and has given away $20,000 to 20 lucky members. To qualify, members with an Ideal CU personal checking account simply use their Ideal CU Debit MasterCard® or My Rewards™ Gold or Platinum Debit Card for purchases and earn a chance to win one of Ideal CU's four weekly $1,000 random drawings. Members earn 100 bonus entries into the weekly drawing when they make 25 or more purchases a week.

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Ideal CU Donates $10K to Worldwide Foundation for Credit Unions Caribbean Relief Efforts

President/CEO Brian Sherrick and EVP of Operations Alisha Johnson hold check representing $10,000 donated to the World Council of Credit Union's Caribbean Hurricane Relief Fund.

(Woodbury, MN – November 2, 2017) – To raise funds to help areas in the Caribbean devastated by Hurricane Irma, Ideal Credit Union, in partnership with the Worldwide Foundation for Credit Unions, launched a two-week drive from October 6-20, 2017, to encourage donations from members, employees and the community at large, and pledged to match up to $2,500 of the money collected.

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Ideal CU Community Foundation Raises $25.5K to Support Local Initiatives

(Woodbury, MN – October 6, 2017) A strong showing of support enabled the Ideal CU Community Foundation to raise $25,560 at its 8th annual golf tournament on September 11, 2017, which is an increase of $2,300 from the previous year. The event, held at StoneRidge Golf Course in Stillwater, attracted 103 golfers and 36 sponsors. The foundation will use the funds to aid local education, food shelf and community initiatives.

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Ideal CU Holds Ribbon Cutting at ‘Historic’ Stillwater Branch

Stillwater Ribbon Cutting

(Woodbury, MN – September 21, 2017) – Ideal Credit Union held a ribbon cutting ceremony at its ‘historic’ Stillwater branch in August, marking the official grand opening of the city’s first and only credit union. The morning began with a flag raising ceremony conducted by Boy Scout Troop #114 of Stillwater, who led attendees in the Pledge of Allegiance. Bag piper Cindy Lendt played “God Bless America” and Kate Boehlke sang the National Anthem. A ribbon cutting followed, led by members of the Stillwater Chamber of Commerce, Ideal CU Board of Directors, Supervisory Committee members, and executive and branch staff.

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2018 Holiday Hours


New Year's Day
Monday, January 1st
All locations closed.


Martin Luther King Jr Day
Monday, January 15th
All locations closed.


Presidents' Day
Monday, February 19th
All locations closed.


Good Friday
Friday, March 30th
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Memorial Day
Monday, May 28th
All locations closed.


Independence Day
Wednesday, July 4th
All locations closed.


Labor Day
Monday, September 3rd
All locations closed.


Columbus Day
Monday, October 8th
All locations closed.


Veterans Day
Monday, November 12th
All locations closed


Thanksgiving Day
Thursday, November 22nd
All locations closed.


Day after Thanksgiving
All locations are open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Christmas Eve
Monday, December 24th
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Christmas Day
Tuesday, December 25th
All locations closed.


New Year's Eve
Monday, December 31
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


New Years Day
Tuesday, January 1st
All locations closed