MAGNIFI FINANCIAL Credit Union Profile
Showing details for MAGNIFI FINANCIAL Credit Union.
Credit Union Profile for: MAGNIFI FINANCIAL
MAGNIFI FINANCIAL
Headquarters Contact & Staff
Contact & Info
Phone: (320) 256-3669
Fax: (320) 256-4532
Founding Date: N/A
Website: http://www.mymagnifi.org
Personnel & Operations
President: Danzl, Steven
Manager: Friederichs, Charles
FT Employees: 427
PT Employees: 1
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 99
Branches: 27
Hours: MONDAY - FRIDAY 8:00 AM TO 5:00 PM
Credit Union Profile Summary
MAGNIFI FINANCIAL is a FISCU Credit Union. With a total of 84,777 members [1], this institution manages approximately $2,512,154,287 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 11.22% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 7.45% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
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Branch Locations
Found 23 branches reported by MAGNIFI FINANCIAL (Charter #68604).
Main Office
Administration Center Main Office
20 4th Ave SE
Melrose, MN 56352
Phone: (320) 256-3669
Services: None specified
Additional Branches
Albany
Albany Branch
641 Railroad Ave
Albany, MN 56307
Phone: (320) 845-4784
Services: Member Services, ATM, Drive-Thru
Avon
Avon Branch
209 Avon Ave S
Avon, MN 56310
Phone: (320) 356-7136
Services: Member Services, ATM, Drive-Thru
Belgrade
Belgrade
218 Wells St
Belgrade, MN 56312
Phone: (320) 633-0007
Services: Member Services, ATM, Drive-Thru
Brooklyn Center
Brooklyn Center
3200 Northway Dr Ste 380
Brooklyn Center, MN 55429
Phone: (763) 569-9977
Services: Member Services, ATM, Drive-Thru
Cold Spring
Cold Spring Branch
208 3rd Ave S
Cold Spring, MN 56320
Phone: (320) 685-4007
Services: Member Services, ATM, Drive-Thru
Freeport
Freeport Branch
107 1st Ave N
Freeport, MN 56331
Phone: (320) 836-2791
Services: Member Services, Drive-Thru
Glenwood
Glenwood
460 Franklin ST N
Glenwood, MN 56334
Phone: (320) 634-0020
Services: Member Services, ATM, Drive-Thru
Grey Eagle
Grey Eagle Branch
114 Woodman ST N
Grey Eagle, MN 56336
Phone: (320) 285-2256
Services: Member Services, Drive-Thru
Holdingford
Holdingford Branch
500 Main Street
Holdingford, MN 56340
Phone: (320) 228-0200
Services: Member Services, Drive-Thru
Little Falls
Little Falls Branch
35 E Broadway
Little Falls, MN 56345
Phone: (320) 414-0500
Services: Member Services, ATM, Drive-Thru
Long Prairie
Long Prairie Branch
701 Lake St S
Long Prairie, MN 56347
Phone: (320) 732-6662
Services: Member Services, ATM, Drive-Thru
Melrose
Melrose Branch
320 E Main St
Melrose, MN 56352
Phone: (320) 256-4269
Services: Member Services, ATM, Drive-Thru
Moorhead
Moorhead Branch
1002 Main Ave
Moorhead, MN 56560
Phone: (218) 236-5191
Services: Member Services, ATM, Drive-Thru
New York Mills
New York Mills Branch
101 Main Ave N
New York Mills, MN 56567
Phone: (218) 385-2070
Services: Member Services, Drive-Thru
Paynesville
Paynesville Branch
1025 W Main St
Paynesville, MN 56362
Phone: (320) 243-7022
Services: Member Services, ATM, Drive-Thru
Perham
Perham
108 Judd ST
Perham, MN 56573
Phone: (218) 346-4450
Services: Member Services, Drive-Thru
Saint Joseph
St Joseph
1300 Elm St E
Saint Joseph, MN 56374
Phone: (320) 271-0274
Services: Member Services, ATM, Drive-Thru
Sartell
Sartell Financial Center
300 Pine Cone Rd
Sartell, MN 56377-3001
Phone: (888) 330-8482
Services: Member Services, ATM, Drive-Thru
Sauk Centre
Sauk Centre Branch
1181 Main ST S
Sauk Centre, MN 56378
Phone: (320) 351-2274
Services: Member Services, ATM, Drive-Thru
Spicer
Spicer
163 Highway 23 NE
Spicer, MN 56288-9734
Phone: (320) 409-1372
Services: Member Services, ATM, Drive-Thru
Wadena
Wadena Branch
80 Jefferson ST S
Wadena, MN 56482
Phone: (218) 632-5200
Services: Member Services, ATM, Drive-Thru
Waite Park
Waite Park
608 2nd St S
Waite Park, MN 56387-1395
Phone: (320) 256-3669
Services: Member Services, ATM, Drive-Thru