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Ideal Credit Union Partners with Data Analytics CUSO, CU Rise, and OnApproach for Reporting Suite Optimization and Analytics

Posted on August 9, 2018 at 6:00 AM



Vienna, Va. (August, 2018 )- CU Rise Analytics, a Virginia-based, global CUSO providing data science and technology enablement solutions to credit unions, is excited to announce that Ideal Credit Union has signed on for a robust reporting suite as well as data analytics to create exceptional member experiences. CU Rise will build a reporting and analytics solution for Ideal CU in collaboration with OnApproach, a data/analytics solutions CUSO.


“We look forward to working with CU Rise on the creation and implementation of a holistic approach to reporting,” said Dennis Bauer, Ideal CU CFO. “Efficiently built and distributed, interactive and customizable reports are the foundation for sharing accurate information across Ideal Credit Union. We see this as critical to the long term success for our credit union and members.”


Like most credit unions, Ideal CU ($700 MM in assets) has an abundance of data from a variety of sources making it difficult to access and understand. A robust reporting system will also end the credit union’s need to re-create reports if there is a change in their core technology platform or any of the integrated channel solutions. Ideal CU is relying on CU Rise to build a superior reporting system that will adapt to any changes to their multiple systems.


“We welcome Ideal Credit Union onboard as they work toward closing the reporting gap many credit unions face. Now more than ever, credit unions have the opportunity to hone their data through reporting to provide more accurate analytics,” said Karan Bhalla, CU Rise CEO.




About CU Rise Analytics

CU Rise Analytics is a Virginia-based, global CUSO that was started with the sole mission of helping credit unions better understand, serve, and support their members in the most effective and efficient manner. CU Rise’s service offering centers around data science and technology. Our core competencies are data analytics, predictive modeling, business intelligence, and technology services. Learn more at www.cu-rise.com.



About Ideal Credit Union

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 electronic 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” 2 years in a row by readers of the Stillwater Gazette and was recently named a 2018 Star Tribune Top 150 Workplace. Equal Housing Lender.


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