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Press Room

Ideal Credit Union Launches Community Heroes Mortgage Product

Two nurses

(Woodbury, MN – June 11, 2019) Ideal Credit Union has launched a new Community Heroes Mortgage Program that offers eligible heroes a special 1% down payment option on a mortgage as a “thank you” for the good they do for our country and community.

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Ideal CU Named ‘Best Credit Union in East Metro’ 3rd Year in a Row

Voted Best 2019

(Woodbury, MN – April 17, 2019) – Ideal Credit Union has been named “Best Credit Union in the East Metro” for the third consecutive year by readers of the Stillwater Gazette newspaper. Ideal became the first credit union to operate in the community in its 165 years of existence when its Stillwater branch opened for business in December of 2016. Ideal has had a strong presence in the east metro for 93 years.

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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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Ideal CU to Hold Starting Your Own Business Workshop

Josh Anderson Business Relationship Specialist

(Woodbury, MN – March 7, 2019) Ideal Credit Union will host a no-cost workshop on Starting Your Own Business on Tuesday, March 26, 2019 from 6:00-7:00 p.m. at the credit union’s Woodbury office, 8499 Tamarack Road. Join Ideal’s Business Relationship Specialist Josh Anderson and guest speaker Tyler Hilsabeck from the Washington County “Open to Business” program to learn the basics of starting your own business. Topics will include deciding whether starting a business is the right next step for you, important considerations when starting your own business, taking your first steps toward entrepreneurship, a checklist for opening a new business, financial management for your small business and more. Open to Business is a free program of the Metropolitan Consortium of Community Developers.

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