IDEAL CREDIT UNION

Welcome to Ideal Credit Union, your trusted financial partner located at 8499 Tamarack Rd, Woodbury, MN 55125. Established in 1926, we have built a strong foundation of service and community commitment, proudly serving nearly 50,000 members with a range of financial solutions tailored to meet your needs. With total assets exceeding $1 billion, we are dedicated to ensuring that your money is managed wisely and efficiently. At Ideal Credit Union, we offer various services from personal banking to business financing. Our total deposits stand at $106,604,390, showcasing our members' trust in us. Our robust lending capabilities are reflected in our 28,907 loans and leases, enabling us to support individuals and families in achieving their financial goals. Under the leadership of CEO Brian Sherrick and Board President Peter Olsen, we strive for excellence and transparency in all our operations. We invite you to visit us at our branch or reach out via phone at 651-770-7000 for any inquiries or assistance. Whether you're looking for checking accounts, auto loans, or mortgage options, our friendly team is here to help you every step of the way. If you prefer sending official correspondence, please use our mailing address: 8499 Tamarack Rd, Woodbury, MN 55125-9201. Join us today and experience the Ideal difference where your financial well-being is our top priority! For more information about our services and membership benefits, feel free to visit our website at Ideal Credit Union.

At Ideal Credit Union, we take pride in our rich legacy and commitment to serving the community of Woodbury, Minnesota. Founded in 1926, our journey began with a simple vision: to provide reliable financial services tailored for our members. Over the decades, we have grown significantly, now proudly serving nearly 50,000 members with total assets exceeding $1 billion. Our branch is located at 8499 Tamarack Rd, Woodbury, MN 55125, a convenient spot for both long-time residents and newcomers alike. From our humble beginnings as a small credit union, Ideal has evolved into a cornerstone of the community. We have embraced digital advancements while ensuring that our services remain accessible to everyone. Our operating hours reflect our dedication to convenience: Monday through Friday from 9 AM to 5 PM, Wednesday until 5 PM for lobby services, and Saturday mornings from 9 AM to noon. Our drive-thru is open until 5:30 PM on weekdays, making banking easy for those on the go. Our mission is clear: we strive to empower our members financially while fostering a sense of belonging and community support. We offer a wide range of services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions all designed to meet the diverse needs of our members. Furthermore, we are committed to community outreach through partnerships that enhance local initiatives and events. At Ideal Credit Union, we believe that everyone deserves access to sound financial advice and support. Whether you are looking for a loan or need assistance managing your finances, our dedicated team is here to help you every step of the way. We also ensure that all members can easily access their accounts with online and mobile banking options available anytime. If you wish to send us official correspondence, please note that it should be directed to our mailing address at 8499 Tamarack Rd, Woodbury, MN 55125-9201. Join us today at Ideal Credit Union where your financial well-being is our priority! Explore membership options or contact us at 651-770-7000 to learn more about how we can assist you in achieving your financial goals. Together, let's build a brighter future for our community!

Becoming a member of Ideal is like joining a caring community where your financial well-being matters. To qualify, you simply need to live, work, or worship in the areas we serve, or have family members who are already part of our credit union family. We believe that everyone deserves access to great financial services, and we welcome individuals from all walks of life. As a member at Ideal, you'll enjoy personalized service, competitive rates on loans and savings accounts, and a range of products designed to help you reach your goals. Getting started is easy! You can find detailed eligibility criteria by visiting this link. If you're ready to open an account, check out the simple process at this page. If you have any questions or need assistance, feel free to call us at (651) 770-7000. Join us today at 8499 Tamarack Rd Woodbury Mn 55125, and let's build a brighter financial future together!

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 that our financial health continues to grow, ensuring we can provide the best services possible to our community. 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. Our net worth ratio of $1,091 demonstrates a solid capital foundation, 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. 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. Our lending capacity is robust; with $7,086 in used auto loans and $840,785,075 in total loans and leases, we support our members' financial goals across various sectors. Our operational efficiency shines through with 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 8499 Tamarack Rd Woodbury Mn 55125 or call (651) 770-7000 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.