WOODBURY, Minn., June 25, 2019 /PRNewswire-PRWeb/ -- The
Ideal Credit Union Board of Directors has elected a new slate of
officers following the successful Annual Meeting in April.
Peter S. Olsen was named Chairman of
the Board, succeeding Keith E.
Hauge, who has served in that capacity since 2014.
Robert E. Vance Jr., was elected
Vice Chair, and Lisa M. Liddell will
serve as Secretary. Olsen and Vance, both incumbents, were recently
reelected to 3-year terms on the Ideal CU Board. Also elected to
her first 3-year board term was Mary G.
Westberg, who has served on the Supervisory Committee since
2017 and became committee chair in 2018.
Olsen was first elected to the Ideal CU Board of Directors in
2013. He has served as Vice Chair since 2014. Vance has been on the
board since 2000 and Liddell since 2015. All three served on the
Supervisory Committee prior to their election to the Board of
Directors.
Incumbent Board Member Laurie Ludwig did not seek reelection in
2019 and announced her retirement after 17 years of volunteer
service to the members of Ideal Credit Union. Ludwig was recognized
at the Annual Meeting for her dedication and commitment.
Ideal CU President/CEO Brian
Sherrick highlighted the exciting changes that have taken
place in the past year, which included the introduction of Ideal's
new brand "Live the Ideal Life" and the successful launch of the
credit union's enhanced digital banking platform. "In just the
first week of conversion, more than 16,100 members (53.86%) logged
into Ideal's enhanced digital banking platform and mobile banking
app, which far exceeded expectations. Our digital partner, Alkami,
said it was one of the best conversions they have ever seen,"
Sherrick stated.
A total of 154 registered members and their guests attended the
2019 Annual Meeting, held April 23 at
the Maplewood Community Center. Another 120 members took part via
webinar. Ideal has offered a remote option for attending its Annual
Meeting since 2016. Eight lucky cash door prize winners were
selected from those in attendance, including a $1,000 Grand Prize won by Katie Molnau. A total of $2,500 was given away to door prize winners and
all attendees received a $10 cash
incentive.
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" three 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