Press Room

Ideal Credit Union Marks Final Year of VIP+ Program with Member Payouts, Begins Transition to Ideal Advantage Program

(Woodbury, MN – January 24, 2023) – Ideal Credit Union is pleased to announce its VIP+ program has rewarded members with an annual dividend payout of $479,000 for 2022 earnings. This marks the final payment for the VIP+ program which has rewarded members with more than $5 million dollars in payouts since the program began.

The VIP+ program was started as a way to reward active members at the Ideal Credit Union with a dividend payout based on a deposit and loan accounts throughout the calendar year.The 2022 payouts were awarded to 3,585 VIP+ members in the form of cash dividends ranging from $50 to $700.

“We are always looking for ways to reward members for growing their relationship with Ideal Credit Union,” said Brian Sherrick, Ideal CU President/CEO. “We’re pleased with the success we’ve had with VIP+ and we’re excited to begin rolling out our new program Ideal Advantage.”

To learn more about the new Ideal Advantage program visit idealcu.com/ideal-advantage.

About Ideal Credit Union

Founded in 1926, Ideal Credit Union is a member owned financial institution that specializes in providing excellent member service, great rates and convenience to over 52,000 members. Ideal CU offers a complete range of services, including a full suite of electronic banking products, savings, checking, loans, mortgage products and title servicesbusiness services, investment services and more. Offices are located in Eagan, Hugo, Inver Grove Heights, North St. Paul, Stillwater and Woodbury. Visit idealcu.com for details and directions.

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