Press Room

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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Ideal CU to Celebrate 90th Anniversary, Give Away $5K at Annual Community Appreciation Event Week

(Woodbury, MN - July 29, 2016) Ideal Credit Union is inviting members and the community to “Crack the Vault” at this year’s Community Appreciation/90th Anniversary event week for a chance to win $1,000 in one of its daily giveaways! Now in its third year, the annual summer celebration will be held August 15-19, 2016. Ideal is celebrating its 90th Anniversary with food, fun and daily give back to local communities.

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Ideal Credit Union to Build First Credit Union in Stillwater, MN

Ideal Credit Union to Build First Credit Union in Stillwater, MN

(Woodbury, MN - July 6, 2016) Ideal Credit Union recently celebrated the groundbreaking of its newest location in Stillwater with a “ceremonial groundbreaking” held onsite on June 22, 2016. In attendance were members of the Ideal CU senior leadership team and board members joined by the Greater Stillwater Chamber of Commerce Executive Director Robin Anthony, MnCUN Vice President of MnIPC Dean Scholl, MnCUN Director of Communications Andrea Molnau, James Steele & Company Senior Field Superintendent Mike Sonnek, Collaborative Design Group Incorporated Principal Bill Hickey and Architect Elizabeth “Bess” McCollough. The new office is scheduled to open in late fall of 2016.

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Herbert ‘Jay’ Hall Joins Ideal CU as Director of Branch Operations

(Woodbury, MN – June 22, 2016) Herbert “Jay” Hall has joined Ideal Credit Union as Director of Branch Operations. Hall has over 27 years of experience in the financial services industry. He started as a teller at Norwest Bank, which later merged with Wells Fargo, and worked his way up to District Manager, where he oversaw the daily operations of seven Branch Managers. Prior to joining Ideal, he worked as Branch Manager for Wings Financial Credit Union and coordinated the opening of the new Wings office in Woodbury.

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Scott Zoellner Joins Ideal CU Wealth Advisors Team

(Woodbury, MN – June 15, 2016) Scott Zoellner has joined the Wealth Advisors team at Ideal Credit Union. Zoellner has worked in the investment and insurance industry for over 20 years, most recently with Prudential Advisors, where he was a manager recruiting and developing junior Financial Advisors for over 9 years.

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Ideal CU Moves from West St. Paul to Inver Grove Heights - New Office Now Open for Business

Ideal CU Moves from West St. Paul to Inver Grove Heights - New Office Now Open for Business

(Woodbury, MN – May 19, 2016) Ideal Credit Union has moved from South Robert Street in West St. Paul to a new state-of-the-art facility in Inver Grove Heights. Located at 7791 Amana Trail, in the Argenta Hills development next to Target, the new Inver Grove Heights office opened for business on Monday, May 9, 2016. The new office is approximately 3,000 sq. ft. and offers a tech-savvy approach to traditional banking, utilizing technology and self-serve features both inside and out.

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Ideal CU Receives Excellence in Community Education Leadership Award

(Woodbury, MN – May 12, 2016) Ideal Credit Union was recently selected to receive an Excellence in Community Education Leadership (EXCEL) Award by the ISD 622 Community Education Advisory Council. Each year the council recognizes individuals and groups who have demonstrated a commitment to lifelong learning with EXCEL awards.

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Ideal CU Chairman Keith E. Hauge Named Outstanding Credit Union Volunteer of the Year

(Woodbury, MN – April 26, 2016) Keith E. Hauge, Chairman of the Board of Ideal Credit Union, was recently named Outstanding Credit Union Volunteer of the Year by the Minnesota Credit Union Network (MnCUN). The award honors the noble service of one outstanding volunteer who best exemplifies the credit union spirit through dedication to, and belief in, the credit union movement.

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Ideal President/CEO Brian Sherrick Named to Federal Reserve Bank of Minneapolis’ Community Depository Institutions Advisory Council

(Woodbury, MN – February 19, 2016) Brian Sherrick, President/CEO of Ideal Credit Union, has been appointed to the Federal Reserve Bank of Minneapolis’ Community Depository Institutions Advisory Council (CDIAC). Sherrick will serve a three-year term on the 13-member council, which acts in an advisory capacity not only to the Minneapolis Bank, but also the Board of Governors in Washington, D.C.

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Ideal Credit Union Has Paid Over $2 Million Dollars to Back to Its Members

VIPlogo

(Woodbury, MN – January 21, 2016) – Ideal Credit Union has returned 11% of its 2015 earnings to members through its exclusive VIP Program, the fourth 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 VIP Program Wins 1st Place in Best Practices Competition

award vip

(Woodbury, MN – November 24, 2015) – Ideal Credit Union's VIP Member Rewards Program was recently selected as the winner of the OnApproach Big Data & Analytics first ever Credit Union Industry Analytics Best Practices Competition.

Four finalists were selected to showcase their hottest reporting, dashboarding, and/or analytics work product at the OnApproach Big Data & Analytics Conference. The goal of the competition is to help the credit union industry become more analytically driven by collaborating and sharing best practices.

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Ideal CU Promotes Faith Tholkes to VP of Mortgage Services

(Woodbury, MN – December 3, 2015) Ideal Credit Union has announced the promotion of Faith Tholkes to Vice President of Mortgage Services. Tholkes started her career with Ideal CU in 1996. She joined the mortgage department in 1998, where she quickly learned the real estate market and became committed to ensuring the credit union philosophy was upheld and sound mortgages were provided. She was promoted to Director of Mortgage Sales in 2013.

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Ideal CU Breaks Ground on New Inver Grove Heights Location

ighoffice groundbreaking

(Woodbury, MN – September 23, 2015) – Ideal Credit Union held a ceremonial groundbreaking for its new Inver Grove Heights location on Wednesday, September 23, 2015. The ceremony took place at the site of the new office at 7791 Amana Trail, in the Argenta Hills development. Argenta Hills is a planned community consisting of 140 single family homes and over 370,000 square feet of retail space, located at the intersections of Highway 55 and South Robert Trail in Inver Grove Heights.

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Ideal CU to hold Free Home Education Seminars this Fall

home seminars

(Woodbury, MN – September 14, 2015) Ideal Credit Union will host two free Home Education Seminars this fall. The first, a Home Selling seminar, set for Saturday, September 26 from 9:30 – 11:30 a.m., will guide attendees through the process of selling a home with confidence. Ideal CU Mortgage Loan Advisor Kathy Glashan, along with guest realtor Karen Stang of Carriage Realty and Beth Marlette of Adobe Home Staging & Design, will discuss the dos and don’ts of the home selling process, tips and tricks to optimize your profit 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