MAGNIFI FINANCIAL CREDIT UNION

Welcome to Magnifi Financial, your trusted partner for financial services in the heart of Long Prairie, Minnesota. Located at 701 Lake St S, we have been proudly serving our community since 1939. With a commitment to putting our members first, we currently support over 85,210 members and manage total assets exceeding $2.49 billion. At Magnifi Financial, we understand that every member has unique financial needs. That's why we offer a wide range of services including checking and savings accounts, auto loans, mortgage options, personal loans, and business banking solutions. Our dedicated team is here to help you make the most of your financial journey. Under the leadership of CEO Charles Friederichs and Board President Steven Danzl, our team of 401 employees works tirelessly to ensure you receive personalized attention and quality service. We are proud of our strong financial position with total deposits reaching $276,731,853 and a net worth of $272,083,942. With over 46,615 loans under management and a cash reserve of $24,829,318, you can trust that your money is safe with us. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to the same location: 701 Lake St S, Long Prairie, MN 56347. We invite you to explore what Magnifi Financial can do for you! Call us today at 320-732-6662 or visit our website at http://www.mymagnifi.org to learn more about how we can assist you in achieving your financial goals. Your future starts here!

Welcome to Magnifi Financial, located at 701 Lake St S, Long Prairie, MN 56347. Our branch has proudly served the community since 1939, growing alongside our members and adapting to their needs over the years. With a rich history that spans more than eight decades, we have remained committed to providing exceptional financial services while fostering a strong sense of community. From our humble beginnings, we have evolved into a vibrant credit union that now boasts over 85,210 members and total assets exceeding $2.49 billion. This growth reflects our dedication to serving individuals and families in Long Prairie and surrounding areas. We understand that financial success is not just about numbers; it's about empowering people to achieve their dreams. At Magnifi Financial, our mission is clear: we aim to enhance the financial well-being of our members through personalized service and innovative solutions. We believe in making banking accessible for everyone, which is why we offer a range of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking options. Whether you're looking to buy your first home or finance your next vehicle, we are here to support you every step of the way. While members can visit us at 701 Lake St S, official correspondence should be sent to our mailing address at PO Box 328, Long Prairie, MN 56347. Our branch features an ATM for quick access to your funds and drive-thru banking for those on the go. We want to make banking as easy as possible for you. As part of our commitment to the community, we engage in various outreach efforts and partnerships aimed at supporting local initiatives and promoting financial literacy. We recognize that our strength comes from the relationships we build within Long Prairie and beyond. In today's digital world, we also embrace technology with online banking options, mobile payments, and e-statements all designed with your convenience in mind. Our goal is not just to meet your financial needs but to exceed your expectations. Join us at Magnifi Financial where you're not just a member; you're part of a family that cares about your success. Experience firsthand how we can help you reach your financial goals today! If you have any questions or need assistance, don't hesitate to call us at 320-732-6662 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. Let's start this journey together!

At Magnifi Financial, we believe that everyone deserves a chance to be part of a caring financial community. Becoming a member is simple and welcoming! If you live, work, or attend school in our local area, you are eligible to join us. We also welcome family members of existing members, making it easy for your loved ones to benefit from our services too. As a member of Magnifi Financial, you gain access to personalized banking solutions designed to help you thrive financially, whether it's through checking and savings accounts, auto loans, or other services tailored just for you. To get started on your membership journey with us at 701 Lake St S Long Prairie Mn 56347, simply visit our website for detailed eligibility information at https://mymagnifi.org/membership/index.html . If you're ready to open an account, the process is quick and straightforward just head over to https://mymagnifi.org/apply/index.html . Have questions? Don't hesitate to reach out by calling us at (320) 732-6662. We're here to support you every step of the way!

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 understand that you want to feel confident in where you place your hard-earned money. That's why we emphasize our strong financial position, which is designed to support you and your financial goals. 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. 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 commitment to lending is reflected in the $9,159 in used auto loans and $1,840,291,835 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is highlighted by a robust $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) stand at $13,451,924, further illustrating our capacity to assist our members effectively. Additionally, with a total of 263,613 share accounts, it's clear that many trust 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 701 Lake St S Long Prairie Mn 56347 or call (320) 732-6662 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.