Press Room

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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