The Credit Union difference really pays.
Whether you're looking for better rates, fewer fees, or a safe place to keep your money, Ideal Credit Union has an account for you and a full range of products and services designed specifically to meet your needs from checking accounts to mortgages and everything in between.
On average, bank savings accounts earn less interest and banks charge higher interest rates on loans. Not true at Ideal CU. While other financial institutions have cut back on interest paid to customers in order to maintain profit margins for stockholders, Ideal Credit Union's shareholders are our members, so both member and organizational interests are aligned, empowering Ideal CU to keep deposit rates and loan rates
extremely competitive for you, the owner-member.
Another way for banks and other types of financial institutions to maintain or increase their profit margins is to generate more fee income (specifically by eliminating Free Checking and charging their customers more and more fees.) These fees generate revenue for the institution so that it can continue to make payments to stockholders. Ideal CU is different. Since our members are the credit union's shareholders, we limit our fees to only those that are a necessity for the continued operation of your credit union. Another reason to use Ideal CU.
A safe choice
Ideal CU also takes extra precautions with your money. You can rest assured knowing that your deposits are insured by the National Credit Union Administration (NCUA). This secures Ideal CU's position as one of the safest institutions in the country for you to save your money.