5-Star Ideal Credit Union a source of security for its membership
WOODBURY, MINNESOTA (March 26, 2024) — BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, is pleased to announce that Ideal Credit Union, Woodbury, MN, has earned its highest, 5-Star Superior rating for financial strength and stability for the 45th consecutive quarter. Having maintained its financial strength and stability for over a decade, Ideal Credit Union has also earned another designation as an “Exceptional Performance Credit Union”. Only institutions that have earned and maintained this highest 5-Star rating for ten years (40 consecutive quarters), or longer, may claim this distinction. This latest rating was assigned in March 2024 based on December 31, 2023 financial data and signifies that Ideal Credit Union continues to be one of the strongest credit unions in the nation.
“It gives me great pleasure to announce that there are still financial institutions, like Ideal Credit Union, that continue to provide a sense of security in this insecure world,” heralds Karen Dorway, president of BauerFinancial. “Members of Ideal Credit Union probably already know this. They have the privilege of belonging to credit union that sticks to common-sense values with members in mind. It’s important to let those who might not be aware, know that they have the strength of a 5-Star credit union right in their midst.”
Since its inception in 1926, Ideal Credit Union has been a dedicated anchor to its membership. With a solid track record behind it, Ideal Credit Union has displayed the strength and fortitude to continue forward in the same heedful manner that it has for the past 98 years.
Visit idealcu.com.
About BauerFinancial
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
