IDEAL CREDIT UNION

Welcome to Ideal Credit Union located at 2020 Washington Ave S, Stillwater, MN 55082! Since our establishment in 1926, we have proudly served our community with a commitment to providing quality financial services tailored to meet the needs of our members. With a strong membership base of 49,942 and total assets exceeding $1 billion (specifically $1,033,458,972), we are dedicated to helping you achieve your financial goals. At Ideal Credit Union, we understand that each member's journey is unique. That's why we offer a wide range of services from personal banking solutions like checking and savings accounts to various loan options including auto loans and mortgages. Our total deposits amount to an impressive $106,604,390, reflecting the trust our members place in us. Under the leadership of CEO Brian Sherrick and Board President Peter Olsen, our team of 166 dedicated employees works tirelessly to ensure you receive exceptional service every time you visit. We also maintain a robust net worth of $111,164,124 and keep over $5 million in cash on hand, allowing us to support both individual and business banking needs effectively. While members can visit us at our physical location in Stillwater, official correspondence should be sent to the same address. We invite you to reach out by phone at 651-770-7000 or explore our website at www.idealcu.com for more information about how we can assist you today! Join us at Ideal Credit Union where your financial success is our priority!

At Ideal Credit Union, located at 2020 Washington Ave S in Stillwater, MN, we pride ourselves on a rich history that dates back to our founding year of 1926. For nearly a century, we have been dedicated to serving our community and helping our members achieve their financial goals. Over the years, we've grown into a trusted financial partner with a current membership of nearly 50,000 individuals. With total assets amounting to over $1 billion, we are committed to providing reliable services and innovative solutions tailored to our members' needs. Our journey began with a simple mission: to provide affordable financial services to the people of Stillwater and beyond. Today, that mission remains unchanged. We strive not only to meet the financial needs of our members but also to support the local community through various outreach programs and partnerships. Our focus is on building strong relationships based on trust and respect, ensuring that every member feels valued and heard. As technology has advanced, so have we. Ideal Credit Union embraces digital innovations to enhance member experiences while maintaining accessibility for everyone. Our branch features ADA-compliant facilities, ensuring that all members can utilize our services comfortably. Additionally, we offer online banking, mobile payments, and electronic signatures to provide convenience at your fingertips. While you can visit us at our main branch location in Stillwater for face-to-face interactions, official correspondence should be directed to the same address: 2020 Washington Ave S, Stillwater, MN 55082. Our operating hours are designed with your convenience in mind: Monday through Friday from 9 AM to 5 PM, Wednesday from 10 AM to 5 PM, and Saturday from 9 AM to 12 PM. We also understand the importance of accessibility when it comes to banking services. That's why we proudly offer ATM access and drive-thru banking for quick transactions like deposits and withdrawals. At Ideal Credit Union, our mission goes beyond traditional banking; it encompasses community support and empowerment. We believe that by investing in our local area through scholarships, financial literacy programs, and various charitable initiatives we can make a lasting impact on the lives of those around us. Join us today at Ideal Credit Union and experience firsthand how we blend excellent customer service with a genuine commitment to the community. Whether you're looking for personal banking options or business solutions, we're here for you every step of the way. Connect with us at Ideal Credit Union or call us at 651-770-7000 to learn more about how you can benefit from membership!

Becoming a member of Ideal is like joining a warm, welcoming family dedicated to your financial well-being. If you live, work, or go to school in the area, you're already eligible to join us! We believe that everyone deserves access to exceptional financial services and support. Plus, with membership comes a range of benefits tailored just for you, from competitive rates on loans to personalized banking experiences. To learn more about our specific eligibility criteria, feel free to visit us at http://www.idealcu.com/membership-and-benefits/about-ideal-credit-union . When you're ready to take the next step, opening an account is simple! Just head over to https://app.loanspq.com/apply.aspx?lenderref=idealcu041621&list=xasast , and you'll be on your way to enjoying all that Ideal has to offer. If you have any questions or need assistance, don't hesitate to call us at (651) 770-7000. We're here for you every step of the way!

At Ideal, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share insights into our financial strength, which highlights our commitment to providing reliable services and support for your financial journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $111,164,124, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is further evidenced by our net worth ratio of $1,091, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $210,090,171 in share certificates and $114,115,225 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $64,609,033, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our dedication to enhancing member experiences is reflected in our robust earnings; with $105,969,489 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $7,086 in used auto loans and $840,785,075 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is highlighted by a net income of $3,528,214, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 161 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $1,812,334. Total Share and Deposit Accounts: 101,188, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ideal is your trusted partner. Visit us at 2020 Washington Ave S Stillwater Mn 55082 or call (651) 770-7000 to learn more about how we can help you achieve your financial goals.