Ideal CU Pays Back $3.6 Million to Members!
January 8, 2019
Photo: The Hennen family joined Ideal Credit Union in 2011 and two years later became one of Ideal’s VIP+ families. They’ve been paid a VIP+ dividend for going on six years totaling over $1,365.00.
(Woodbury, MN – January 8, 2019) – Ideal Credit Union has returned 10% of its 2018 earnings to members through its exclusive VIP+ Program, rewarding 4,390 VIP+ members with cash dividends between $50 and $600, which were automatically deposited into members’ savings accounts in January 2019. The total payout for 2018 was $546,200. Since the program’s inception over six years ago, Ideal CU has paid out over $3.6 million to VIP+ members.
“The VIP+ program is designed to reward members for their patronage and for actively participating in our cooperative,” said Brian Sherrick, Ideal CU President/CEO. “Our dedicated staff works with members throughout the year to help them identify opportunities to grow their relationship with us and ultimately increase their payout. Because of our amazing Ideal team, we have increased our VIP+ members by 16.5% since 2012!” To learn more about Ideal’s unique VIP+ Program that rewards for being an Ideal CU member visit idealcu.com/vip.
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, exclusive VIP member payback, 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. Ideal has been voted “Best Credit Union in the East Metro” two years in a row by readers of the Stillwater Gazette and was named a 2018 Star Tribune Top 150 Workplace. Equal Housing Lender.