Magnifi Financial Belgrade MN Credit Union | Affordable Auto Loans & Low Mortgage Rates

Introduction

Welcome to Magnifi Financial, your trusted partner in banking located at 218 Wells St, Belgrade, MN 56312. Since our establishment in 1939, we have been committed to serving our community and meeting the financial needs of our members. With a strong membership base of 85,210 individuals, we take pride in being a cornerstone of financial support for families and businesses alike. At Magnifi Financial, we're not just about numbers; we're about people. Our total assets amount to an impressive $2,493,084,264, demonstrating our stability and ability to provide reliable services. We manage deposits totaling $276,731,853, which allows us to offer a variety of loan options. In fact, we've financed over 46,615 loans and leases, helping our members achieve their dreams from buying homes to securing vehicles. Under the leadership of CEO Charles Friederichs and Board President Steven Danzl, our dedicated team of 401 employees is here to ensure you receive personalized service that caters to your unique financial situation. Our commitment extends beyond just providing banking services; we are deeply invested in the well-being of our community. While members can visit us at our physical branch in Belgrade, we also encourage you to explore our online services at mymagnifi.org. Whether you're looking for personal banking solutions like checking accounts or credit cards with rewards, or business banking services including merchant services and business loans, we have you covered. We invite you to experience the Magnifi Financial difference today! Feel free to give us a call at 320-633-0007 or drop by during our operating hours Monday through Thursday from 8:00 AM to 5:00 PM, Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM until noon. Let's work together toward your financial goals!

Branch History & Mission

Welcome to Magnifi Financial, a credit union rooted in community spirit and dedicated to empowering members since its inception in 1939. Located at 218 Wells St, Belgrade, MN 56312, our branch has grown from humble beginnings to a trusted financial partner for over 85,000 members. With total assets exceeding $2.49 billion, we are proud of our journey and the impact we've made. From the start, our mission has been clear: to provide accessible financial services while supporting the local community. We strive to ensure that every member feels valued and empowered to achieve their financial goals. Whether you're looking for a checking account, an auto loan, or mortgage refinancing, we are here to help you navigate your options with ease. Over the years, Magnifi Financial has evolved significantly. We have embraced technological advancements to improve our service delivery while maintaining a strong commitment to personal relationships. Our operating hours Monday through Thursday from 8:00 AM to 5:00 PM, Friday until 6:00 PM, and Saturday mornings until noon are designed with your convenience in mind. In addition to traditional banking services, we offer modern conveniences like online banking, mobile payments, and ATM access for easy cash withdrawals. For those who prefer face-to-face interactions, our drive-thru service allows for quick transactions without leaving your vehicle. Community outreach is another cornerstone of our mission. We believe in giving back and supporting local initiatives that foster growth and development in Belgrade and beyond. Through partnerships with schools and local organizations, we actively contribute to making our community a better place. For any official correspondence, please reach us at our mailing address if it differs from our branch location. Feel free to call us at 320-633-0007 for inquiries or visit our website at http://www.mymagnifi.org for more information about membership eligibility and account opening. Join us at Magnifi Financial and experience the difference of being part of a credit union that truly cares about its members and community!

Branch Location & Accessibility

Easy Access and Convenient Services

Our branch is not only centrally located but also offers ample parking, making it easy for members to visit us. If you require assistance, we have ADA-compliant features including ramps to ensure everyone can access our services comfortably. While visiting, you'll find that we offer a variety of personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. Plus, for those on the go, we provide ATM access and drive-thru banking for quick deposits and withdrawals.

Operating Hours Tailored to You

We understand that your time is valuable. That's why our operating hours are designed to fit your busy schedule: Monday through Thursday from 8 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 8 AM until noon. Feel free to drop by during these hours or give us a call at 320-633-0007 if you have any questions or need assistance.

Visit Us Today!

We're proud to be a part of the Belgrade community in Stearns County and look forward to welcoming you at Magnifi Financial. Whether you're an existing member or considering joining us, stop by and discover how we can help you achieve your financial goals. Your next great banking experience awaits!

Member Eligibility

At Magnifi Financial, we believe that becoming a member is more than just opening an account it's about joining a community that supports you and your financial goals. If you're looking to become part of our family, you'll be glad to know that membership is open to anyone who lives, works, worships, or attends school in the area. We welcome individuals from all walks of life, making it easy for you to access our wide range of services designed to help you thrive financially. To see the full details on eligibility criteria, feel free to visit this link. Opening an account with us is a simple and straightforward process. You can start your journey by visiting our website at this page or give us a call at 320-633-0007 if you have any questions. Our friendly team is here to assist you every step of the way. Join us at our branch located at 218 Wells St in Belgrade, MN 56312, and experience the many benefits of being a part of Magnifi Financial!

Business Banking & Commercial Services

Merchant Services That Work for You

Alongside our loan offerings, we provide essential merchant services that simplify transactions for your business. From easy payment processing to online banking capabilities, our tools help you manage your finances efficiently, allowing you to focus on what truly matters growing your business. Come visit us at 218 Wells St Belgrade Mn 56312 in Belgrade, MN, or call us at (320) 633-0007 to explore how our business banking services can support your goals today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $3,686 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $28 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,035,815,009, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATMs and Drive-Thru Convenience

Need cash quickly? Our ATM services allow you to withdraw cash and check balances conveniently whenever needed. Plus, if you prefer face-to-face interactions but are short on time, take advantage of our drive-thru banking for simple transactions like deposits or withdrawals. If you're ready to explore how these services can work for you, don't hesitate! Visit us at 218 Wells St Belgrade Mn 56312, call us at (320) 633-0007, or check out our website at http://www.mymagnifi.org for more information. At Magnifi Financial, we look forward to being part of your financial journey!

Easy Online and Mobile Banking

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking features. Access your accounts anytime, anywhere, make transfers, pay bills, or check balances right from your smartphone or computer without any hassle.

Flexible Auto Loans and Vehicle Financing

Thinking about purchasing a new car? We offer competitive auto loans and vehicle financing options that make it easier to drive away in your dream vehicle. With flexible terms and personalized service, we guide you through the process to ensure you get a deal that suits your budget.

Homeownership Dreams Come True

Owning a home is a significant milestone, and at Magnifi Financial, we're here to support you every step of the way. Our mortgage loans and refinancing options provide various choices to help you secure the best rates possible. Whether you're buying your first home or looking to refinance your existing mortgage, our experts will simplify the process for you.

Personal Banking Made Simple

Whether you're opening your first checking account or looking for ways to save for the future, our personal banking services are designed with you in mind. At Magnifi Financial, you can choose from a variety of checking and savings accounts that fit your lifestyle. Our friendly team is here to help you find the right account that meets your daily needs and long-term goals.

Personal Loans for Every Need

Life can throw unexpected expenses our way, which is why having access to personal loans and debt consolidation options is essential. Whether it's for medical bills or home improvements, our personal loan services offer quick solutions tailored to your financial situation.

Rewarding Credit Card Options

Managing day-to-day purchases has never been easier with our credit cards with rewards program. Earn points on every purchase and enjoy exclusive benefits while keeping track of your spending easily.

Supporting Local Businesses

For entrepreneurs in our community, business banking services at Magnifi Financial include everything from merchant services to business loans. We understand the unique challenges faced by local businesses, and we're committed to helping you succeed by providing the right financial tools.

Digital & Online Banking

Effortless Transactions

Need to send money to a friend or family member? Our person-to-person transfer feature allows you to do just that quickly and securely. Whether you're splitting a bill or gifting someone cash, it's all managed right from your account. At Magnifi Financial, we're committed to providing a user-friendly experience that meets the needs of our members. With real-time account management and easy navigation through our digital services, banking is now simpler than ever. Join us today and take full advantage of all the modern conveniences we offer!

Enhanced Security and User Experience

Security is our top priority. We offer electronic signature authorization for many transactions, ensuring that your sensitive information remains protected. Additionally, you can opt for e-statements an eco-friendly choice that keeps your financial documents organized and accessible without cluttering your mailbox.

Key Services

Our members enjoy a host of convenient features available through our online platform at http://www.mymagnifi.org. You can easily view your account balances, make transfers, and pay bills all with just a few clicks. For those who are always on the go, our mobile application provides an intuitive interface right at your fingertips. Plus, with mobile payments enabled, making quick purchases has never been easier or safer.

Financial Strength

Commitment to Growth

Our commitment extends beyond just numbers. With $244,269,902 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $9,159 in used auto loans and an impressive total of $1,840,291,835 in loans and leases. Our operational efficiency shines through with a net income of $6,286,885, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 398 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team.

Community Focus

With a growing member base of 85,210 individuals who trust us with their finances through 263,613 share accounts, we are dedicated to fostering long-lasting relationships within the community. Our funds available for lending and investments stand at $13,451,924, showcasing our commitment to supporting local initiatives. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing or planning for the future, Magnifi Financial is your trusted partner. Visit us at 218 Wells St Belgrade MN 56312 or call us at 320-633-0007 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Financial Overview

With a net worth of $272,083,942, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.91% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. We are proud to secure our members' savings through $743,832,296 in share certificates and $523,095,080 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $90,292,408, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $134,487,353 in used vehicle loans and $27,202,920 in new vehicle loans already helping members get on the road. We provide financing options that are straightforward and designed to fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $1,035,815,009 provide the capital needed to grow and expand. We work closely with local businesses to ensure they have access to the funding necessary for success. At Magnifi Financial located at 218 Wells St, Belgrade, MN 56312, our dedicated team is ready to assist you in navigating your loan options. For any inquiries or assistance with applications, feel free to reach out at 320-633-0007. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today and take the next step toward fulfilling your financial aspirations!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $44,971,626, make buying or refinancing simple. We also offer refinancing options to help you take advantage of lower interest rates or adjust your loan terms to better suit your current financial situation.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $12,543,897 in loans helping members manage their finances effectively. These credit cards can be an excellent way to cover unexpected expenses or manage everyday purchases without tying up your cash.

Loan Aggregator

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