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Snowball Method Vs Avalanche Method: What’s the Best Way to Tackle Debt?

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Debt is the ultimate killjoy. It can destroy a budget, make long-term financial planning impossible, and shadow every purchase you make with guilt. No one wants to live with that debt burden. But how do you kiss your debt goodbye? Let’s take a look at two popular approaches for paying down debt and explore the pros and cons of each.

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Rick Blood Joins Ideal Credit Union as Chief Lending Officer

Rick Blood CLO

(Woodbury, MN – March 15, 2019) Rick Blood has joined Ideal Credit Union as Chief Lending Officer (CLO). Blood has over 26 years of experience in the financial services industry. Prior to joining Ideal, he worked as Chief Operations Officer (COO) for Firefly Credit Union. In his new position Blood will be responsible for the growth, quality and compliance of Ideal’s loan portfolio. He will be leading all lending activities within the credit union, including consumer and indirect loans, mortgage and real estate loans, business loan financing, and all member lending needs. The CLO will report directly to the President/CEO as a key member of the senior leadership.

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7 Signs You're Living Beyond Your Means and How to Fix Them

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It’s easier than ever to buy stuff you can’t pay for right away while supporting a lifestyle you can’t really afford. Let’s take a look at seven red flags that might mean you’re living beyond your means and the steps you can take to get back on track.

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Ideal CU Pays $4,200 to Youth in Financial Literacy Summer Program

Summer Money Talks class 2018

(Woodbury, MN – September 20, 2018) Ideal Credit Union recently hosted two sessions of its award-winning “Money Talks” financial literacy program in July, attracting 42 students from around the metro area. The unique peer-to-peer program, led and taught by high school-age Ideal CU Student Credit Union employees, teaches students the building blocks of personal finance: budgeting, savings and investments, credit, and money management tools. Students in attendance ranged in age from 16 to 22 years and came from a number of local communities, including Champlin, Hugo, Mahtomedi, Little Canada, St. Paul, Maplewood, Oakdale, South St. Paul, Inver Grove Heights, West St. Paul, Cottage Grove, Hastings, Stillwater, Lakeland and more.

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2020 - 21 Holiday Hours

Martin Luther King, Jr. Day

Monday, January 20th
All locations closed.


President's Day
Monday, February 17th
All locations closed.


Good Friday
Friday, April 10th
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Memorial Day
Monday, May 25th
All locations closed.


Independence Day
Saturday, July 4th
All locations closed.


Labor Day
Monday, September 7th
All locations closed.


Columbus Day
Monday, October 12th
All locations closed.


Veterans Day
Wednesday, November 11th
All locations closed


Thanksgiving Day
Thursday, November 26th
All locations closed.


Day after Thanksgiving
All locations are open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Christmas Eve
Thursday, December 24th
All locations open until 1:00 p.m.
Lobby - 9:00 a.m. to 1:00 p.m.
Drive-thru - 9:00 a.m. to 1:00 p.m.


Christmas Day
Friday, December 25th
All locations closed.


New Year's Eve
Thursday, December 31
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


New Years Day (2021)
Friday, January 1st
All locations closed