WOODBURY, Minn., March 15, 2019 /PRNewswire-PRWeb/ -- 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.
Blood has a Bachelor's degree in Business from Concordia College and an MBA from Cardinal Stritch
University. Volunteer efforts include serving as a Youth Sports
Coach in his hometown of Farmington, where he resides with his wife and
three children.
"Rick brings a wealth of broad-based lending experience to our
organization and we are excited to have him join our executive
team," said Ideal CU President/CEO Brian
Sherrick. "He will be instrumental in making strategic and
tactical decisions to strengthen and grow our loan portfolio while
minimizing loss."
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.
SOURCE Ideal Credit Union