Ideal Credit Union Woodbury, Minnesota
Ideal Credit Union is a state-chartered credit union headquartered in Woodbury, MN, established in 1926 (NCUA charter 62978), and it is regulated and insured by the NCUA. At Q2 2026 it reported 48,045 members and total assets of $1.07B (down 1.6% from Q2 2025), the 9th largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 10.82% at Q2 2026, in the well capitalized band.
Trade names filed with the NCUA: PCU Business Services, PCU, Ideal Title, Ideal CU, Ideal Student Credit Union and Postal Credit Union
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 62978
- Headquarters
- Woodbury, MN
- Established
- 1926
- Total assets, Q2 2026
- $1.07B
- Assets vs Q2 2025
- -1.6%
- Members, Q2 2026
- 48,045
- Net worth ratio, Q2 2026
- 10.82%
- Latest call report
- Q2 2026, NCUA 5300 · Ideal Credit Union call report
- Asset rank in state
- 9th of 79 in Minnesota
- Routing number
- 296076262
- Branches
- 7
It has 1,336 fewer members than on June 30, 2025 (-2.7%). Its net worth ratio was up 0.35 percentage points from 10.47% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $414.6M of $890.3M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.79% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 10.82% net worth ratio is below that band's 10.89% median.
Credit unions similar in size in Minnesota
Credit unions merged into Ideal Credit Union
Employees First Credit Union (2017)
Frequently asked about Ideal Credit Union
How big is Ideal Credit Union?
At Q2 2026 it reported total assets of $1.07B and 48,045 members.
Where is Ideal Credit Union headquartered?
It is headquartered in Woodbury, MN, United States.
When was Ideal Credit Union founded?
It was established in 1926, per NCUA records.
Is Ideal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 62978): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Ideal Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Ideal Credit Union well capitalized?
Its net worth ratio was 10.82% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Ideal Credit Union's delinquency ratio?
Its delinquency ratio was 0.79% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Ideal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 99.49% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Woodbury, MN 55125
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1926
- NCUA Charter #
- 62978
- RSSD ID
- 68297
- Members
- 48,045
- Potential members
- 3,728,042
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 10.82% | 10.89% | 48th below |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.56% | 0.89% | 24th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 5.21% | 8.07% | 24th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.56% | 3.45% | 58th above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 73.89% | 70.59% | 38th below |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 2.17% | 1.68% | 18th bottom |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.79% | 0.68% | 43rd below |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.73% | 5.12% | 87th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 99.49% | 88.03% | 84th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.07B total assets against $1.09B; $894.8M total shares and deposits against $904.2M; $890.3M total loans against $870.5M.
$115.6M net worth against $112.2M.
10.82% net worth ratio against 10.47%.
99.49% loan-to-share ratio against 96.28%.
0.79% delinquency ratio against 0.68%.
0.56% return on assets against 0.50%; 5.21% return on equity against 4.76%.
3.56% net interest margin against 3.30%.
48,045 members against 49,381.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.82% | 0.56% | 0.79% | 99.49% |
| March 31, 2026 | 10.51% | 0.55% | 0.80% | 95.90% |
| December 31, 2025 | 10.43% | 0.18% | 0.91% | 98.02% |
| September 30, 2025 | 10.56% | 0.31% | 0.70% | 95.70% |
| June 30, 2025 | 10.47% | 0.50% | 0.68% | 96.28% |
| March 31, 2025 | 10.69% | 0.27% | 0.62% | 96.07% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.