Magnifi Financial Little Falls MN Credit Union | Low Mortgage Rates & Business Banking

Introduction

Welcome to Magnifi Financial, your trusted partner in financial well-being since 1939. Located at 35 E Broadway, Little Falls, MN 56345, our branch is dedicated to serving you with integrity and care. With a robust membership of 85,210 individuals and total assets exceeding $2.49 billion, we're not just a credit union; we're a community-focused institution committed to making a positive impact. At Magnifi Financial, we understand that each member has unique financial needs. That's why we offer a wide range of services, including personal banking, auto loans, mortgages, and business financing solutions. With total deposits amounting to $276,731,853 and total loans reaching 46,615, our strong financial foundation allows us to support you in achieving your goals. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to the same address: 35 E Broadway, Little Falls, MN 56345. Feel free to reach out via phone at 320-414-0500 or fax at 320-256-4532 during our operating 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. Under the leadership of CEO Charles Friederichs and Board President Steven Danzl, we strive to foster a welcoming environment where your financial aspirations come first. With over 401 employees ready to assist you, we are here to provide the personalized service you deserve. Join us today and discover how Magnifi Financial can help you thrive financially. Whether you're looking for advice on saving or need assistance with loans, we're just a call or visit away! Explore more about our offerings by visiting our website at http://www.mymagnifi.org.

Branch History & Mission

Join Us!

We invite you to become part of the Magnifi Financial family. Experience firsthand the benefits of being a member of a credit union that truly cares about your financial health and community well-being. Visit us today or check out more information on our website at http://www.mymagnifi.org. Together, let's build a brighter financial future!

Our Mission

The mission of Magnifi Financial is clear: we are dedicated to providing exceptional financial services while supporting the growth and well-being of our community. We believe that financial success should be accessible to everyone. Whether it's through personal banking options like checking and savings accounts, auto loans, or business banking solutions, we aim to empower individuals and businesses alike. Our focus extends beyond just banking; we actively participate in community outreach initiatives that strengthen local ties and enhance lives. We know that when our community thrives, so do we. By partnering with local organizations and engaging in outreach programs, we strive to make a positive impact on Little Falls and its surrounding areas. For those who wish to reach out or send official correspondence, while members can visit us at our branch address, official mail can be directed to PO Box 758, Little Falls, MN 56345. As part of our commitment to modern banking practices, we offer digital conveniences such as online banking and mobile payments. This enables members to manage their finances anytime and anywhere with ease.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with your comfort in mind. We offer ample parking for all visitors, along with ADA-compliant features to ensure everyone can access our services without hassle. If you prefer not to enter the branch, we also have a drive-thru service available for quick transactions like deposits and withdrawals.

Connect With Us

If you have questions or would like more information about our services, don't hesitate to give us a call at 320-414-0500. Our team is eager to help you navigate your financial journey. Come visit us today at the Little Falls Branch and experience the Magnifi Financial difference!

Operating Hours

We understand that life can be busy, which is why we're here for you during flexible hours. Visit us Monday through Thursday from 8 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 8 AM to 12 PM. Our friendly staff is ready to assist you with all your banking needs.

Services Offered

At Magnifi Financial, we offer a variety of services tailored to meet your financial goals. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Plus, our ATM availability ensures that you can access cash whenever you need it.

Member Eligibility

At Magnifi Financial, we believe that everyone deserves a chance to be part of a caring and supportive community. Joining us is simple! If you live, work, worship, or attend school in Morrison County or the surrounding areas, you're already eligible to become a member. We welcome individuals from all walks of life, so whether you're looking for personal banking solutions or business services, you'll find a place with us. Plus, being a member means you gain access to great rates on loans, competitive savings options, and personalized service that truly puts you first. To get started with your membership at Magnifi Financial, just visit us at our branch located at 35 E Broadway Little Falls Mn 56345 or check out our website for more information on how to open an account. You can find all the details about eligibility and the account opening process at https://mymagnifi.org/membership/index.html and https://mymagnifi.org/apply/index.html respectively. If you have any questions or need assistance, feel free to give us a call at (320) 414-0500. We're excited to welcome you into our family!

Business Banking & Commercial Services

Merchant Services That Make Sense

In addition to our competitive loan offerings, we provide robust merchant services to streamline your payment processing. Imagine being able to accept payments from customers effortlessly whether they prefer cards or mobile payments. Our services ensure you can focus on what you do best: running your business. Located conveniently at 35 E Broadway Little Falls Mn 56345, Little Falls, MN, we're here to discuss how we can help your business grow. For more information, call us at (320) 414-0500 or visit us online at Magnifi Financial. Let's work together towards your success!

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

Accessibility and Support

At our Little Falls Branch located at 35 E Broadway Little Falls Mn 56345, we prioritize accessibility. Our branch features drive-thru service for quick transactions and an ATM for 24/7 access to cash withdrawals and balance checks. Whether you're stopping by during lobby hours from Monday through Saturday or using our online services, we're here to ensure that your banking experience is smooth and efficient. If you're ready to explore how our services can enhance your financial journey, don't hesitate to reach out! Contact us today at (320) 414-0500 or visit us at our website for more information on how we can assist you with all of your banking needs. Your financial goals matter to us at Magnifi Financial let's achieve them together!

Business Banking Services

For local entrepreneurs and businesses, we understand how crucial it is to have reliable banking support. At Magnifi Financial, we offer comprehensive business banking services, including merchant services that help streamline payments for your business and various types of business loans tailored to your unique needs.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking features that allow you to manage your accounts from anywhere. With just a few clicks or taps on your smartphone, you can check balances, transfer funds, or even make payments without visiting the branch. For those times when you prefer face-to-face service, our ATM & cash withdrawal services are readily available along with basic drive-thru banking for quick transactions like deposits and withdrawals.

Personal Banking Solutions

Managing your money should be straightforward and stress-free. That's why at Magnifi Financial, we offer various personal banking options including checking and savings accounts that fit your lifestyle. Need help financing your next vehicle? Our auto loans and vehicle financing services make it easy to drive away in the car you want without breaking the bank. If you're considering buying a home or refinancing your current mortgage, our mortgage loans and refinancing options can guide you through the process with ease. Sometimes life throws unexpected expenses your way. That's where our personal loans and debt consolidation services come in handy, providing you with the support you need when you need it most. Plus, don't forget about our rewarding credit cards that can help you earn points on everyday purchases while managing your spending.

Digital & Online Banking

Key Features

With just a few clicks on our website, accessible at http://www.mymagnifi.org, you can take charge of your banking needs. Our online banking platform offers features like e-statements, so you can keep track of your transactions without the clutter of paper statements an eco-friendly option too! You also have the convenience of electronic signature authorization, making it simple to sign documents safely from anywhere.

Mobile Convenience

For those who prefer banking at their fingertips, our mobile application is here to help. With this app, you can make mobile payments, ensuring quick and easy transactions without needing to carry cash or cards. Plus, our person-to-person transfer feature allows you to send money to friends or family in real-time perfect for splitting bills or sending gifts.

Security and Accessibility

We prioritize your security as much as your convenience. Our online banking services are built with robust security measures to protect your personal information. You can bank with peace of mind knowing that your data is safe while you manage your accounts easily. In summary, Magnifi Financial is committed to providing accessible and user-friendly digital banking options that fit into your busy lifestyle. Explore all these services today by visiting http://www.mymagnifi.org and experience how convenient managing your finances can be!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 263,613, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $13,451,924. 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 35 E Broadway Little Falls Mn 56345 or call (320) 414-0500 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 Savings and Growth

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.

Operational Efficiency

Our $6,286,885 reflects our operational efficiency, 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.

Reinvestment for Better Services

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 members' financial goals across various sectors with $9,159 in used auto loans and $1,840,291,835 in total loans and leases.

Strong Financial Health

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.

Loan Offering

Additional Information

If you're interested in refinancing or exploring eligibility options, please don't hesitate to reach out. You can contact us at (320) 414-0500 or visit us at our branch located at 35 E Broadway Little Falls Mn 56345 in Little Falls, MN. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Magnifi Financial, we're committed to providing you with transparent information and exceptional service every step of the way.

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. Whether you're purchasing a brand-new vehicle or a reliable used car, our team is here to guide you through the process.

Business Financing

For business owners, our outstanding commercial loans totaling $1,035,815,009 provide the capital needed to grow and expand. We believe in supporting local businesses and are dedicated to helping you thrive in your ventures.

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 provide personalized service to help you understand your options and find the right fit for your family.

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. This can be a great tool for building credit or making purchases without dipping into savings.

Loan Aggregator

Key Benefits of Using LendMesh

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Reliable Data Sources

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 users receive fair and transparent offers.