What Does Ideal Credit Union Do?

Total employees170
HeadquartersWoodbury
Founded1926

Ideal Credit Union is a member-owned financial cooperative dedicated to providing high-quality financial products and services to its members and fostering community development in Minnesota. With a history spanning over 90 years, Ideal CU offers a full suite of personal and business banking solutions, including checking and savings accounts, auto loans, mortgages, business loans, investment services, and robust digital banking options. Their focus is on member satisfaction, financial education, and community involvement, striving to be a trusted financial partner for life.

Where Is Ideal Credit Union's Headquarters?

HQ Function

Serves as the central administrative, strategic planning, and operational hub for all Ideal Credit Union activities, including executive leadership, marketing, IT, human resources, and core member support functions.

Notable Features:

Modern office facility designed to support efficient operations and a collaborative work environment. It likely includes secure data centers, training facilities, and administrative offices.

Work Culture:

The work culture at Ideal CU's headquarters is member-focused, emphasizing teamwork, integrity, and community service. As a multi-year 'Top Workplace' awardee, it fosters an environment of professional growth and employee well-being.

HQ Significance:

The Woodbury headquarters is crucial for coordinating the credit union's network of branches, developing new products and services, and ensuring regulatory compliance, thereby supporting its mission to serve members across Minnesota.

Values Reflected in HQ: The headquarters reflects Ideal Credit Union's values of stability, community commitment, member service excellence, and prudent financial management.

Location:

Ideal Credit Union's physical presence is concentrated in Minnesota, with multiple branch locations serving various communities primarily within the Twin Cities metropolitan area and surrounding regions. While direct international branches are not typical for a community-focused credit union, its members can access their accounts and many services globally through online banking, mobile banking applications, and participation in shared ATM/branch networks, offering a broad reach for account management and transactions.

Street Address:

8499 Tamarack Road

City:

Woodbury

State/Province:

MN

Country:

USA

Where Else Does Ideal Credit Union Operate Around the World?

Eagan, MN/USA

Address: 1982 Rahncliff Court, Eagan, MN 55122

Serves the financial needs of members and businesses in Eagan and the surrounding southern Twin Cities suburban communities.

Hugo, MN/USA

Address: 14750 Victor Hugo Blvd N, Hugo, MN 55038

Caters to the residents and commercial enterprises in Hugo and the northern suburban areas of the Twin Cities.

Inver Grove Heights, MN/USA

Address: 7791 Amana Trail, Inver Grove Heights, MN 55077

Provides convenient banking access and financial solutions for the community of Inver Grove Heights and nearby areas.

Stillwater, MN/USA

Address: 2020 Washington Ave, Stillwater, MN 55082

Serves the banking needs of individuals and businesses in Stillwater and the St. Croix Valley region.

Buying Intent Signals for Ideal Credit Union

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Ideal Credit Union? Meet the Executive Team

As of April 2025, Ideal Credit Union' leadership includes:

Brian Sherrick - President & CEO
Alisha Johnson - EVP/Chief Growth & Experience Officer
Shannon Butler - EVP/Chief Operations Officer
Faith Tholkes - EVP/Chief Financial Officer
Andy Jaeger - EVP/Chief Lending Officer
Mark Hystad - SVP/Information Technology

Who's Investing in Ideal Credit Union?

Ideal Credit Union has been backed by several prominent investors over the years, including:

Member-owned cooperative. As a credit union, Ideal CU is owned and controlled by its members, who are its primary stakeholders, rather than by traditional external investors or shareholders.

What Leadership Changes Has Ideal Credit Union Seen Recently?

Hire0
Exits0

Ideal Credit Union's executive team appears stable, with no major new hires or departures prominently announced in public news sources over the past 12 months. This suggests continuity in leadership.

What Technology (Tech Stack) Is Used byIdeal Credit Union?

Discover the tools Ideal Credit Union uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Ideal Credit Union Email Formats and Examples

Ideal Credit Union commonly uses the email format of the first initial followed by the last name. This is a standard professional email format.

[first_initial][last]@idealcu.com

Format

jdoe@idealcu.com

Example

85%

Success rate

What's the Latest News About Ideal Credit Union?

Ideal CU NewsJune 18, 2024

Ideal CU Recognized as a ‘Best-In-State’ Credit Union by Forbes for Seventh Consecutive Year

Ideal Credit Union has been named one of the ‘Best-In-State’ Credit Unions by Forbes for the seventh consecutive year. This recognition is based on surveys measuring overall recommendations and satisfaction, trust, terms and conditions, branch services, digital services, and financial advice....more

Ideal CU NewsJune 19, 2023

Ideal Credit Union Named a 2023 Star Tribune Top Workplace for 11th Time

Ideal Credit Union was recognized as a Top Workplace in Minnesota by the Star Tribune for the 11th time, based on employee feedback regarding workplace culture, engagement, and leadership....more

Ideal CU NewsFebruary 20, 2024

Ideal Credit Union Named a 2024 Top Workplaces USA

Ideal Credit Union has been awarded the 2024 Top Workplaces USA honor by Energage. This national recognition is based solely on employee feedback gathered through a third-party survey....more

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