Press Room

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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Ideal CU Wins Prestigious Dora Maxwell Community Service Award

(Woodbury, MN – September 14, 2017) Ideal Credit Union has been honored with a 2017 Dora Maxwell Social Responsibility Community Service Award for its involvement in the MN Brain Tumor 5K. The award, sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit Union National Association (CUNA), recognizes credit unions for the activities they coordinate that benefit the communities they serve and/or specific charities.

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Ideal CU Gives Away $9K at 6 Day Community Appreciation Event

(Woodbury, MN – August 25, 2017) – Ideal Credit Union celebrated its 4th Annual Community Appreciation week by giving away $1,000 a day to one lucky grand prize winner over the course of the 6 branch, 6 day event, and another $3,000 total to 6 local community food shelves that reside within Ideal’s 6 branch locations. To better accommodate busy schedules, Ideal added evening hours at its two newest branches, and a Saturday celebration in Woodbury. Attendees enjoyed over 2,200 hot dogs, fun and a chance to give back to our local communities.

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Ideal CU Relaunches Don’t Text and Drive Awareness Campaign ‘Stop the Texts, Stop the Wrecks’

(Woodbury, MN – August 11, 2017) – Ideal Credit Union has relaunched its don’t text and drive awareness campaign designed to call attention to the dangers of distracted driving and encourage the public to take a pledge to put the phone away when they get behind the wheel. The “Stop the Texts, Stop the Wrecks” campaign consists of 15 and 30 second TV ads on Twin Cities stations WCCO and KARE, an online pledge at idealcu.com/pledge, and efforts to increase awareness through its social media channels. The two ads can also be found on Ideal CU’s YouTube page.

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Ideal CU to Give Away $9K at Community Appreciation Week

(Woodbury, MN – August 4, 2017) – Ideal Credit Union is inviting members and the community to “Spin to Win” for great prizes at this year’s Community Appreciation event, including a chance to win a $1,000 grand prize in one of our daily giveaways! Now in its fourth year, the annual summer celebration will be held August 14-19, 2017. To better accommodate busy schedules, Ideal has added evening hours at its two newest branches, and a Saturday celebration in Woodbury. Attendees will enjoy food, fun and a chance to give back to our local communities.

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Ideal Community Foundation Named 2016 ‘Nonprofit of the Year’ by Woodbury Chamber of Commerce

(Woodbury, MN – March 3, 2017) – The Ideal Community Foundation was recently named “Nonprofit of the Year” for 2016 by the Woodbury Chamber of Commerce. The award was presented at the Chamber’s annual Community Awards Celebration on January 27, 2017. Ideal was recognized for making a notable impact on the quality of life for those who live and work in the Woodbury community.

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Ideal Credit Union Has Paid Over $2.6 Million to Back to Its Members

(Woodbury, MN – February 24, 2017) – Ideal Credit Union has returned 10.5% of its 2016 earnings to members through its exclusive VIP Program, the fifth consecutive year for the generous payout to VIPs. 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 Credit Union Promotes Jay Hall to VP of Branch Operations

(Woodbury, MN – February 14, 2017) Ideal Credit Union has announced the promotion of Jay Hall to Vice President of Branch Operations. Hall joined Ideal as Director of Branch Operations in February of 2016. He has over 28 years of experience in the financial services industry, starting as a teller and working his way up to Community Banking Branch Manager/VP.

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Ideal CU Announces Merger Deal with Employees First

(Woodbury, MN – January 31, 2017) Ideal Credit Union is excited to announce the merger/partnership of Employees First Credit Union (EFCU) in a deal finalized by the boards of both institutions, and approved by the National Credit Union Administration (NCUA) and the Minnesota Department of Commerce.

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Ideal Credit Union Makes History as First Credit Union in Stillwater, MN

Ideal Credit Union Makes History as First Credit Union in Stillwater, MN

(Woodbury, MN – December 21, 2016) – When Ideal Credit Union’s new Stillwater branch opened for business on December 5, 2016, it was more than just another new office opening - it was history in the making. That day, Ideal officially became the first credit union to operate in the Stillwater community in its 162 years of existence.

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

(Woodbury, MN –November 16, 2016) – Ideal Credit Union’s popular $1,000 Debit Card Giveaway is back for another four weeks this holiday season. To qualify, members simply register for the promotion online at www.idealcu.com. Then, each time they use their Ideal CU Cash & Check Debit MasterCard® for purchases, they earn a chance to win one of Ideal CU's four weekly $1,000 random drawings. Members can earn 100 bonus entries when they make 25 or more purchases a week using their Ideal CU Debit MasterCard.

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Ideal CU VP of Mortgage Services Named Super Mortgage Professional for 2016

(Woodbury, MN – October 27, 2016) Faith Tholkes, Vice President of Mortgage Services at Ideal Credit Union, has once again been named a Super Mortgage Professional for 2016 by Mpls.St.Paul Magazine and Twin Cities Business. Tholkes was first recognized for this prestigious honor in 2014. She 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 CU Community Foundation Seventh Annual Golf Tournament Sets New Record for Funds Raised

(Woodbury, MN – October 18, 2016) A strong showing of support enabled the Ideal CU Community Foundation to raise a record $23,291 at its seventh annual golf tournament on September 12, 2016, which is over a 25% increase from the previous year. The event, held at StoneRidge Golf Course in Stillwater, attracted 110 golfers and 46 sponsors. The foundation will use the funds to aid local education, food shelf and community initiatives.

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Ideal CU Promotes Chris Friederichs to VP of Lending Operations

(Woodbury, MN – October 13, 2016) Ideal Credit Union has announced the promotion of Chris Friederichs to Vice President of Lending Operations. Friederichs started his career with Ideal CU in 1989 as a teller, then moved into lending operations and member services. Prior to his promotion, he served as Director of Central Underwriting. Friederichs is a trusted lending professional with over 27 years of financial experience.

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Sarah Jaeger Named Branch Manager for Ideal CU’s New Stillwater Office

(Woodbury, MN – October 4, 2016) Sarah Jaeger has been promoted to branch manager of Ideal Credit Union’s new Stillwater office, which is scheduled to open in late 2016.

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Ideal CU Wins 2016 Desjardins Youth Financial Literacy Award for a Second Time

Ideal CU Wins 2016 Desjardins Youth Financial Literacy Award for a Second Time

(Woodbury, MN – September 20, 2016) – Ideal Credit Union has been honored with a 2016 Desjardins Youth Financial Literacy Award for its “Money Talks” Financial Literacy program. The unique peer-to-peer program is taught by high school age Ideal Student Credit Union employees to high school age students, and features the building blocks of personal finance: budgeting, savings and investments, credit, and money management tools. Ideal Credit Union's winning entry now moves to the national competition, where it will compete with financial education projects from credit unions in other states.

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Ideal CU Launches Don’t Text and Drive Awareness Campaign ‘Stop the Texts, Stop the Wrecks’

Ideal CU Launches Don’t Text and Drive Awareness Campaign ‘Stop the Texts, Stop the Wrecks’

(Woodbury, MN – September 16, 2016) – Ideal Credit Union has launched a don’t text and drive awareness campaign designed to call attention to the dangers of distracted driving and encourage the public to take a pledge to put the phone away when they get behind the wheel. The “Stop the Texts, Stop the Wrecks” campaign consists of 15 and 30 second TV ads on Twin Cities stations WCCO and KSTP, an online pledge located at idealcu.com/pledge, and efforts to increase awareness through its social media channels. The two ads can also be found on Ideal CU’s YouTube page.

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Ideal CU Promotes Alisha JR Johnson to Executive VP of Operations

(Woodbury, MN - September 1, 2016) Alisha JR Johnson was recently promoted to Executive Vice President of Operations for Ideal Credit Union. Johnson joined Ideal in May of 2010 as Vice President of Marketing, and was promoted to Senior VP of Marketing, Sales & Service in August of 2012. In her new position, she is responsible for strategic development and management of operating units including branch operations, contact center, wealth management, business services, member relations and marketing. Included in the EVP of Operations role is responsibility for ensuring that professional business relationships are established and maintained with members, strategic vendors, the business community and trade organizations.

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Ideal CU Gives $7,500 During Annual Community/90th Anniversary Celebrations

Ideal CU Gives $7,500 During Annual Community/90th Anniversary Celebrations

(Woodbury, MN – August 25, 2016) – Ideal Credit Union celebrated its milestone of 90 years in business in a big way in August, throwing a week-long 90th Anniversary/Community Appreciation Event at all five branches, giving away $5,000 to five lucky grand prize winners and donating $2,500 to local food shelves.

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Ideal CU Pays $5,800 to Youth in Financial Literacy Summer Program

Ideal CU Pays $5,800 to Youth in Financial Literacy Summer Program

(Woodbury, MN – August 4, 2016) Ideal Credit Union recently hosted two sessions of its popular “Money Talks” financial literacy program in July, attracting 58 students from around the metro area. The peer-to-peer program, led and taught by 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 came from all different locations, including Inver Grove Heights, Maplewood, Mahtomedi, Somerset, St. Paul, Centerville, Apple Valley, White Bear Lake and more.

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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