Press Room

Saving for a Down Payment While Renting

Couple saving for down payment

 

Why Saving While Renting Feels So Challenging

Saving for a down payment is a tall order—especially when rent keeps climbing. For many renters, it feels like just keeping up with monthly bills leaves little room to put money aside. Add in inflation, rising costs of living and existing debt and it’s no wonder so many renters feel stuck between paying rent and building toward homeownership.

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Amara Mackey Named 2025 Women in Business Honoree by Minneapolis-St. Paul Business Journal

Amara Mackey

 

Woodbury, MN. May 7, 2025—Ideal Credit Union is proud to announce that Chief Financial Officer Amara Mackey has been named a 2025 Women in Business honoree by the Minneapolis-St. Paul Business Journal. She will be recognized at the publication’s 28th Annual Women in Business Awards & Expo next week on Friday, May 16.

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Ideal Credit Union Sees 92% Increase in Chain of Hearts Fundraising for Gillette Children’s

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Woodbury, MN. April 25, 2025 – Ideal Credit Union is proud to announce a 92% year-over-year increase in funds raised during its 2025 Chain of Hearts campaign, benefiting Gillette Children’s Specialty Healthcare through the Credit Unions for Kids initiative. The campaign ran from January 14 to February 28, uniting employees, members, and local communities in support of children with complex medical needs.

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Ideal Credit Union Member Emily Anderson Wins College Scholarship from Minnesota Credit Union Foundation

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Woodbury, MN. March 14, 2025 – Ideal Credit Union is proud to announce member Emily Anderson has won a $1,000 scholarship from The Minnesota Credit Union Foundation Scholarship Council (FSC). Anderson was one of 18 post-secondary students selected from hundreds of applicants to receive a scholarship for the 2024-2025 school year.

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