MAGNIFI FINANCIAL CREDIT UNION - Glenwood, MN

Welcome to Magnifi Financial, your trusted partner in banking, located at 460 Franklin St N, Glenwood, MN 56334. Established in 1939, we have proudly served our community for decades, growing alongside our members and fostering financial well-being. With a total membership of 85,210 and assets exceeding $2.49 billion, our commitment to providing exceptional service and support is as strong as ever. At Magnifi Financial, we understand that each member has unique financial needs. That's why we offer a wide range of services from personal banking including checking and savings accounts to auto loans, mortgages, credit cards with rewards, and business banking solutions. Our goal is to empower you with the tools you need to achieve your financial dreams. Under the leadership of our CEO, Charles Friederichs, and Board President, Steven Danzl, our dedicated team of 401 employees works tirelessly to ensure that your experience with us is nothing short of excellent. With total deposits amounting to $276,731,853 and a net worth of $272,083,942, we are well-equipped to handle your financial requirements while maintaining a robust foundation for future growth. While you can visit us at our branch for all your banking needs, please send any official correspondence to our mailing address: 460 Franklin ST N, PO Box 232, Glenwood, MN 56334. We invite you to explore how Magnifi Financial can make a difference in your life. Reach out to us at 320-634-0020 or visit our website at http://www.mymagnifi.org for more information on how we can serve you better. Your financial journey starts here!

Welcome to Magnifi Financial, a cornerstone of financial well-being in Glenwood, MN. Established in 1939, our branch has proudly served our community for over eight decades. We began with a simple mission: to provide accessible and trustworthy financial services that support the needs of our members. Over the years, we have grown alongside our members, adapting to their changing needs while maintaining our commitment to service. Located at 460 Franklin St N, Glenwood, MN 56334, our branch is easily accessible for all. Whether you're visiting us in person or utilizing our convenient ATM and drive-thru services, we strive to make banking easy and efficient for everyone. Our operating hours are designed to fit your busy lifestyle: Monday through Thursday from 8 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 8 AM to 12 PM. With a current membership of over 85,210 individuals, Magnifi Financial has become more than just a place to bank; we are a community partner dedicated to enhancing the lives of those we serve. Our total assets now stand at an impressive $2,493,084,264, reflecting our growth and stability. This growth allows us to offer a range of services from personal banking and auto loans to business financing solutions. At the heart of Magnifi Financial is our mission: "To empower people by providing innovative financial solutions while fostering strong community relationships." We believe that when our members thrive financially, so does our entire community. That's why we focus not only on delivering exceptional financial products but also on giving back through various outreach initiatives and partnerships that uplift local organizations. While members can visit us at 460 Franklin St N Glenwood Mn 56334, official correspondence should be sent to 460 Franklin ST N, Glenwood, MN 56334 if it differs from our branch address. We emphasize convenience with digital advancements like online banking and mobile payments available for all members. Accessibility is key; we ensure ADA compliance across all our services. Join us at Magnifi Financial and experience firsthand how we can help you achieve your financial goals. Whether you're looking for a new savings account or seeking advice on investment options, our friendly team is here to guide you every step of the way. Don't hesitate contact us today at (320) 634-0020 or visit our website at http://www.mymagnifi.org to learn more about becoming a member and taking advantage of everything we have to offer!

Joining the Magnifi Financial community is a wonderful step towards better financial opportunities and support. If you're looking to become a member, you'll be pleased to know that eligibility is open to anyone who lives, works, worships, or attends school in the areas we serve. This means that whether you're a lifelong resident or new to the community, you have a place with us. Plus, becoming a member at Magnifi Financial not only opens doors to personalized banking services but also connects you with a network of local individuals who share similar values and goals. To start your membership journey, simply visit us at our branch located at 460 Franklin St N Glenwood Mn 56334, or give us a call at (320) 634-0020 for any questions you may have. You can also find detailed eligibility criteria by checking out our website here: https://mymagnifi.org/membership/index.html . Once you're ready to join, opening an account is easy! Just head over to https://mymagnifi.org/apply/index .html for all the information you need. We can't wait to welcome you into our family!

At Magnifi Financial, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are dedicated to ensuring that your financial future remains secure and prosperous. 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 $1,091 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured 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. Our commitment to excellence is reflected in our impressive $244,269,902 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $9,159 in used auto loans and $1,840,291,835 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is evident in our $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, committed team. Net Shares (Funds available for lending and investments): $13,451,924. Total Share and Deposit Accounts: 263,613, showing a strong and growing member base that trusts us with their finances. 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 460 Franklin St N Glenwood Mn 56334 or call (320) 634-0020 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.*