What are the current interest rates at Ideal Credit Union?

Current rates for Ideal Credit Union include: 12-Month CD: 3.75%, Savings: 1.35%

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Ideal Credit Union

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Ideal Credit Union Rates & Review September 2026

Q: How many branches does Ideal Credit Union operate?

Ideal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join Ideal Credit Union?

Yes, to access services at Ideal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, Ideal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ideal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 22, 2026

Ideal Credit Union's 13-Month New Money CD Special rates are at 3.75%. Ideal Credit Union's savings rates are at 1.35%. Ideal Credit Union's Auto Loan Rates are as low as 4.59%. Ideal Credit Union's Credit Card Rates are at 12.50%. MonitorBankRates evaluates the financial stability of Ideal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 5.75%. Rates last updated and verified on 09/22/2026.

Ideal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Ideal Credit Union? Share your experience about Ideal Credit Union by leaving a review below, or read customer reviews before you decide to use Ideal Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 97/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

5.75%

Excellent Lower than avg

Health Trend

Steady 12 quarters

Full history ›

Ideal Credit Union
Woodbury

8499 Tamarack Rd
Woodbury, MN 55125-9201

https://www.idealcu.com

Ideal Credit Union CD Rates

Product	Rate	APY	Term	View More
13-Month New Money Certificate Special	3.68%	3.75%	13 Months
Min Balance $500 Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Ideal Credit Union Savings Rates

Product	Rate	APY	View More
Goal Savings	1.35%	1.35%
Min Deposit $1 Min Balance $1,000 Details Minimum: $1 ($5 when opening online); Committed to a goal? Let's make it happen. No fees mean more money in your account to reach your goal. Keep at least $1,000 on balance to earn 1.35% APR. Balances under $1,000 grow at 0.05% APR. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Ideal Credit Union Checking Rates

Product	Rate	APY	View More
High Yield Checking	-	5.00%
Details earn as much as Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Ideal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity Lines of Credit	-	-	6.75%
Details Published APR range: 6.75% - 12.00%. As low as Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Ideal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loans	-	-	4.59%
Details As low as Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Ideal Credit Union Credit Card Rates

Product	Rate	APR	View More
Credit Cards	-	12.50%
No additional details. Last Updated 09/22/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.75%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Ideal Credit Union’s Texas Ratio fell from 6.37% in Q2 2023 to 5.75% in Q1 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A to A+. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$1.1B	5.75%	5.0	A+
December 31, 2025	$1.1B	6.64%	5.0	A
September 30, 2025	$1.1B	5.03%	5.0	A+
June 30, 2025	$1.1B	4.93%	5.0	A+
March 31, 2025	$1.1B	4.42%	5.0	A+
December 31, 2024	$1.0B	6.86%	5.0	A
September 30, 2024	$1.0B	7.31%	5.0	A
June 30, 2024	$1.0B	8.11%	5.0	A
March 31, 2024	$1.0B	7.14%	5.0	A
December 31, 2023	$1.0B	8.59%	5.0	A
September 30, 2023	$1.0B	7.61%	5.0	A
June 30, 2023	$998M	6.37%	5.0	A

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Ideal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Ideal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Ideal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Ideal Credit Union

Website https://www.idealcu.com

Address 8499 Tamarack Rd, Woodbury, MN 55125-9201

Phone 651-770-7000

Fax 651-747-8939

President Peter Olsen

CEO Brian Sherrick

Full-Time Employees 161

Part-Time Employees 5

Branch Locations 7

ATM Locations 6

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (97/100)

Texas Ratio

5.75%

Return on Assets (ROA)

0.1374%

Return on Equity (ROE)

1.3085%

Non-Performing Loans Ratio (NPL)

0.80%

Total Assets

1,087,281,225

Total Amount of Shares and Deposits

915,814,497

Total Shares and Deposits < 1 Year

870,516,538

Total Shares and Deposits 1 3 Years

41,516,390

Total Shares and Deposits > 3 Years

3,781,569

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

37,280,988

Total Uninsured Shares and Deposits > $250K (F+J)

37,611,563

Total Insured Shares and Deposits > $250K (item 17 less item K)

878,202,934

Total Interest Expense (Sum of items 6 8)

5,507,086

Share Certificates

5,238

Number of Accounts for Share Drafts

28,359

IRA KEOGH Accounts

1,724

Number of Accounts for Regular Shares

63,055

All other shares

522

Non Member Deposits

163

Money Market Shares

1,928

Net Income (unless the amount is already included in Undivided Earnings)

1,493,468

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

126,690,567

Total Liabilities

973,198,651

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Ideal Credit Union earned the Verified Healthy badge

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Customer Reviews

There are no reviews for Ideal Credit Union yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Ideal Credit Union

Frequently Asked Questions About Ideal Credit Union

How many branches does Ideal Credit Union operate?

Ideal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Ideal Credit Union?

Yes, to access services at Ideal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Ideal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ideal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Ideal Credit Union offer online and mobile banking?

Most modern institutions like Ideal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.idealcu.com.

Current Ideal Credit Union Rates

12-Month CD3.75%
Savings1.35%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

Ideal Credit Union Rates & Review September 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Ideal Credit Union Texas Ratio

Ideal Credit Union Health Trend

Ideal Credit Union CD Rates

Ideal Credit Union Savings Rates

Ideal Credit Union Checking Rates

Ideal Credit Union Home Equity & HELOC

Ideal Credit Union Auto Loan Rates

Ideal Credit Union Credit Card Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

Ideal Credit Union earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Ideal Credit Union

How many branches does Ideal Credit Union operate?

Is a member application needed to join Ideal Credit Union?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Ideal Credit Union offer online and mobile banking?

Current Ideal Credit Union Rates

Compare to Other Credit Unions