Magnifi Financial Grey Eagle MN Credit Union | Affordable Vehicle Loans & ATM Services

Introduction

Welcome to Magnifi Financial, your trusted credit union in the heart of Grey Eagle, MN. Located at 114 Woodman St N, we've been serving our community since 1939 with a commitment to helping our members achieve their financial goals. With a robust membership of over 84,621 individuals, we are proud to be a pillar of support and security for those who choose us. At Magnifi Financial, we believe that everyone deserves access to reliable financial services. Our total assets exceed an impressive $2.49 billion, allowing us to offer a wide range of products tailored to meet your needs. Whether you're looking for personal banking options like checking and savings accounts, or need assistance with auto loans and mortgages, we have you covered. With total deposits reaching $144 million, our members can trust that their money is safe and well-managed. Our dedicated team of 409 employees, led by CEO Charles Friederichs and Board President Steven Danzl, is here to provide personalized service every step of the way. We understand the unique challenges our members face and are committed to offering solutions that fit your lifestyle. From business banking to online services, we make it easy for you to manage your finances. While members can visit us at our branch location, official correspondence should be sent to our mailing address: PO Box 7, Grey Eagle, MN 56336. For any inquiries or assistance, feel free to reach out at 320-285-2256 during our lobby hours: Monday through Thursday from 8 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 8 AM to 12 PM. Join us today at Magnifi Financial and experience a credit union that truly cares about its members' financial well-being. Visit us online at http://www.mymagnifi.org or stop by our branch we look forward to assisting you!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we recognize the importance of staying ahead through technology. Our services include online banking and mobile payments for your convenience. We are also proud of our ADA-compliant facilities that ensure everyone can access our services comfortably. With features like drive-thru banking available for quick transactions and personal service, we strive to make your banking experience as smooth as possible.

Join Us Today!

As part of the Magnifi Financial family, you'll find more than just a credit union you'll discover a partner dedicated to helping you achieve your financial goals while being an active part of the Grey Eagle community. If you're ready to experience personalized service tailored just for you, we invite you to become a member today! Visit us at mymagnifi.org or call us at 320-285-2256 for more information. Join us on this journey towards financial empowerment and community growth!

Our Journey

From the very beginning, Magnifi Financial was established with the mission to empower our members through accessible financial services. We understand that each member's journey is unique, and we are here to support you every step of the way. Our evolution has been marked by significant milestones, including the introduction of innovative digital banking solutions and a wide range of loan products designed to meet various needs whether it's buying a new car or financing a home.

Our Mission

At Magnifi Financial, our mission is straightforward: to provide exceptional financial services while fostering a strong sense of community. We believe that financial success goes hand-in-hand with community support. That's why we actively engage in outreach programs and partnerships aimed at uplifting those around us. Whether it's through workshops on financial literacy or initiatives that give back to local charities, our goal is to make a positive impact. While members can visit us at 114 Woodman St N, official correspondence should be sent to PO Box 7, Grey Eagle, MN 56336 if needed.

Branch Location & Accessibility

Accessibility Features

We prioritize accessibility for all our members. Our branch is equipped with ADA-compliant features, ensuring that everyone can navigate the space comfortably. There's ample parking available right outside, so you won't have to worry about finding a spot during your visit.

Convenient Location

Nestled in Todd County, our branch is easily accessible and close to local landmarks, making it simple for you to find us. If you're out enjoying a day at nearby parks or running errands in town, swing by and see how we can help with your financial goals.

Get in Touch

If you have questions or need assistance before your visit, feel free to give us a call at 320-285-2256. Our friendly staff is always ready to help! While members can visit us at 114 Woodman St N, official correspondence should be sent to the same address for mailing purposes. We invite you to stop by Magnifi Financial today and discover how we can support your financial journey!

Operating Hours

At Magnifi Financial, we understand that life can get busy. That's why we offer flexible operating hours to accommodate your schedule! Visit us Monday through Thursday from 8:00 AM to 5:00 PM, Friday until 6:00 PM, and even on Saturday mornings from 8:00 AM to 12:00 PM. We aim to make your banking experience as convenient as possible.

Services Offered

While you're here, take advantage of our wide range of services. From checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Plus, if you prefer quick transactions, our drive-thru service allows you to handle deposits and withdrawals without leaving your car.

Member Eligibility

At Magnifi Financial, we believe that everyone deserves a chance to be part of a supportive financial community. Becoming a member is simple and welcoming! If you live, work, or worship in the Grey Eagle area, or have a family member who is already a member, you're eligible to join us. This opens up a world of benefits tailored just for you, from competitive rates on loans to personalized financial advice. We want you to feel right at home with us. To learn more about our eligibility requirements, check out this resource: Membership Eligibility. When you're ready to take the next step, opening an account is just as easy. You can find all the details you need here: Open an Account. If you have any questions, don't hesitate to reach out at (320) 285-2256. We're excited to welcome you to our community at 114 Woodman St N Grey Eagle Mn 56336!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $3,650 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $25 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,131,227,767, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer comprehensive merchant services designed to simplify daily operations for business owners. Imagine being able to process payments seamlessly while tracking sales data in real time. Our services make it easier for you to focus on what truly matters running your business effectively. Visit us at 114 Woodman St N Grey Eagle Mn 56336 in Grey Eagle, MN, or call us at (320) 285-2256 to learn more about how our business banking and commercial services can empower your company's growth journey.

Comprehensive List Of Services

Business Services

For our local business owners, we provide comprehensive Business Banking services, including merchant services and business loans that empower your operations and growth. We know how hard you work; let us help streamline your financial processes so you can focus on what matters most running your business.

Credit Cards

Our Credit Cards with Rewards program allows you to earn points on everyday purchases. Think about earning rewards while shopping for groceries or dining out! It's an easy way to add value back into your spending habits.

Digital Banking Convenience

In today's busy world, convenience is key. Our Online & Mobile Banking features ensure that managing your finances is just a click away. From checking balances to transferring funds or paying bills from anywhere at any time, we've made banking as easy as possible.

Drive-Thru Service

For members who prefer face-to-face interactions but want quick service, our basic Drive-Thru Banking allows for deposits, withdrawals, and simple transactions without leaving your car. It's all about making banking easier for you! At Magnifi Financial, located at 114 Woodman St N Grey Eagle Mn 56336, Grey Eagle, MN, we pride ourselves on being more than just a credit union; we are part of the community. Our friendly team is always ready to assist you. If you have questions or want to learn more about any of these services, don't hesitate to call us at (320) 285-2256. Ready to take the next step? Visit our website at http://www.mymagnifi.org or stop by our branch today!

Home Loans

For those considering homeownership or refinancing an existing mortgage, our Mortgage Loans & Refinancing services are tailored just for you. With competitive rates and personalized assistance, we can help turn your dream of owning a home into reality. We'll work together to find the right loan that suits your financial situation.

Personal Banking

We understand that managing finances can sometimes feel overwhelming. That's why we offer Personal Banking services, including checking and savings accounts designed to help you keep track of your money effortlessly. Imagine being able to easily access funds when you need them most, whether it's for everyday purchases or saving for future goals.

Personal Loans

Life can throw unexpected expenses your way, which is why we offer Personal Loans & Debt Consolidation options. Whether it's funding a big purchase or consolidating debt for easier management, our loans provide flexibility and support. You can rely on us when life gets complicated.

Vehicle Financing

If you're in the market for a new car, our Auto Loans & Vehicle Financing options make the buying process simple and straightforward. Picture yourself driving off in your new vehicle with a financing plan that fits your budget. Our experts will guide you through the process, ensuring you get the best rates available.

Digital & Online Banking

Mobile Banking on the Go

Stay connected with our user-friendly mobile application, available for download now! This allows you to manage your accounts right from your smartphone. With mobile payments enabled through Yes, paying at stores or sending money to friends is just a tap away. Need to send money quickly? Our person-to-person transfer feature makes it simple to share funds with family or friends without any hassle. At Magnifi Financial, we prioritize your security while providing easy access to your financial information. Experience real-time account management that fits into your lifestyle, all from the comfort of your home or on the go. Join us today and discover how our digital banking services can enhance your financial journey!

Online Banking Features

With our robust online banking platform, available at http://www.mymagnifi.org , you can access your accounts anytime, anywhere. Whether you need to check your balance, transfer funds, or pay bills, our 24/7 online banking service has got you covered. Plus, with features like electronic signature authorization, signing documents is straightforward and efficient no more printing or mailing necessary!

Stay Updated with E-Statements

Gone are the days of waiting for paper statements in the mail. Enjoy the ease of e-statements with Yes availability. You can view your account activity and financial summaries on your own schedule, making it easier to keep track of your finances.

Financial Strength

Growing Member Trust

With a total of 263,560 share and deposit accounts, it's clear that many trust us with their finances. Our net shares (funds available for lending and investments) stand at $14,691,167, showcasing our ability to support the needs of our growing member base. 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 114 Woodman St N Grey Eagle Mn 56336 or call (320) 285-2256 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.

Member-Centric Savings

Members' savings are secured through $770,111,292 in share certificates and $542,173,009 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $100,652,554, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is clear with a net income of $2,743,222, which enables us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 405 full-time employees and 4 part-time employees who are always ready to serve you with knowledge and care.

Reinvesting for Your Future

Our commitment to our members is further reflected in our $252,800,454 in undivided earnings. We reinvest these funds in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $10,540 in used auto loans and $1,966,766,162 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Strong Financial Health

With a net worth of $276,535,094, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,109 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $166,267,282 in used vehicle loans and $42,807,999 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, making it easier than ever to drive away in the car you want.

Business Financing

For business owners, our outstanding commercial loans totaling $1,131,227,767 provide the capital needed to grow and expand your operations. We understand the challenges businesses face and are here to support your entrepreneurial journey with tailored lending solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $50,782,314, make buying or refinancing simple. We guide you through each step of the process so you can focus on what matters most creating a home that fits your lifestyle.

Refinancing Options

If you're considering refinancing existing loans for better rates or terms, we encourage you to explore our options. Our team is ready to assist you in finding the best solutions that align with your financial goals. At Magnifi Financial located at 114 Woodman St N Grey Eagle Mn 56336, we're dedicated to helping our members succeed financially. For any inquiries or assistance regarding our loan offerings, feel free to reach us at 320-285-2256 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 to 12:00 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Join us today and discover how we can help you achieve your financial dreams!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $12,436,988 in loans helping members manage their finances effectively. These cards come with great benefits and no collateral requirement, providing access to funds when you need them most.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh is designed to help users make informed decisions without the hassle. Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that every offer displayed is fair and transparent. Users can trust that the information they receive reflects current market conditions and adheres to industry regulations. One of the key advantages of using LendMesh is its commitment to verified data. Loan offers come from legitimate financial institutions, guaranteeing users access to authentic and competitive rates. Additionally, LendMesh does not feature sponsored listings; lenders are not prioritized based on paid promotions. This means users will always receive unbiased results, allowing them to compare options effectively. LendMesh provides real-time rate comparisons, which means users can see up-to-date loan rates from multiple institutions. This feature helps individuals identify the best options available quickly and easily. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the tool's effectiveness in delivering valuable insights. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

MAGNIFI FINANCIAL CREDIT UNION - Grey Eagle, MN