(Woodbury, MN – January 10, 2024) – Ideal Credit Union is pleased to congratulate CEO Brian Sherrick on his 40th anniversary. Brian’s visionary leadership has cultivated a vibrant, award-winning credit union, ranked among the top ten largest in Minnesota.
While studying at the University of St. Thomas, Brian first joined the credit union as an intern. He was officially hired as a teller in 1984 when Ideal was still known as Postal Credit Union. Brian thrived in early roles throughout the credit union in collections, member services, and operations. After working as executive vice president of lending and operations for nearly 15 years, Brian was named chief executive officer in 2012.
“I came for a job, and I stayed for a career,” said Brian Sherrick, President and CEO of Ideal Credit Union. “It’s been my privilege to lead an organization that is truly focused on the needs of our members and see the positive impact we’re making in the communities we serve.”
Founded in 1926, Ideal Credit Union is currently the oldest credit union in Minnesota. Ideal has $1.1 billion in assets, over 52,000 members, and 175 employees. Ideal serves members and the community through digital banking and its six branches.
“We congratulate Brian on this important career milestone and look forward to his continued leadership and positive impact on Ideal members and the community,” said Peter Olsen, Board Chair, Ideal Credit Union.
Under Brian’s leadership, Ideal Credit Union is consistently recognized for industry excellence. In 2023, Forbes ranked Ideal Credit Union Minnesota’s #1 Best-In-State Credit Union based on surveys and reviews. Ideal was also named a 2023 Best Place to Work by the Minneapolis-St. – St. Paul Business Journal. In 2022, Ideal Credit Union was honored on a local level by the Minnesota Credit Union Network (MNCUN) and nationally by the Credit Union National Association (CUNA) with the Dora Maxwell Award for outstanding community service.
“Brian’s deep commitment to the ‘people serving people’ philosophy is experienced every day at Ideal Credit Union,” said Alisha Johnson, Chief Growth Officer, Ideal Credit Union. “Whether it’s meeting with a member, mentoring an employee, or investing in a new product that will help members, his actions always go above and beyond.”
Over Brian’s four decades with Ideal Credit Union, he has been instrumental in developing new and innovative approaches to meet members' needs.
“I often say we’re in the business of change, and I don’t mean coins,” said Sherrick. “After I became CEO, we changed our name, navigated the Great Recession, adapted and grew during the pandemic, implemented new technologies for digital banking, and activated a new AI tool. Change adds up, it’s valuable. Embracing change is the reason Ideal is in a position of strength now and for decades to come.”
About Ideal Credit Union
Founded in 1926, Ideal Credit Union is a member owned financial institution that is dedicated to providing financial services driven by a sincere and personal interest in the needs of our employees, members and community. Ideal CU offers a complete range of services, including a full suite of digital banking products, savings, checking, loans, mortgage products, business services, investment services and more. Offices are located in Eagan, Hugo, Inver Grove Heights, North St. Paul, Stillwater and Woodbury. Visit idealcu.com for details and directions.