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

Introduction

Welcome to Magnifi Financial, your trusted partner in achieving financial wellness. Located at 1002 Main Ave, Moorhead, MN 56560, our branch has been serving the community since 1939. With a rich history and a commitment to our members, we take pride in being a member-focused credit union that understands your unique needs. At Magnifi Financial, we believe that banking should be more than just transactions; it should be about building relationships. That's why we currently serve 85,210 members who trust us with their financial journeys. With total assets of $2,493,084,264 and total deposits reaching $276,731,853, you can feel secure knowing your money is in good hands. Our strong net worth of $272,083,942 further underscores our stability and commitment to our members. Our dedicated team of 401 employees, led by CEO Charles Friederichs and Board President Steven Danzl, is here to assist you with everything from personal banking services like checking and savings accounts to auto loans, mortgages, and business banking solutions. We understand the importance of accessibility, which is why we offer convenient services such as online and mobile banking along with an ATM for easy cash access. While members can visit us at our Moorhead branch for all their banking needs, official correspondence should be sent to the same address: 1002 Main Ave, Moorhead, MN 56560. Are you ready to take the next step toward your financial goals? Visit us online at http://www.mymagnifi.org or give us a call at 218-236-5191. Let's work together to build a brighter financial future!

Branch History & Mission

At Magnifi Financial, we take pride in our rich history and commitment to serving the community of Moorhead, MN. Established in 1939, our branch has grown alongside the community, evolving to meet the ever-changing financial needs of our members. Located at 1002 Main Ave, Moorhead, MN 56560, we are positioned to be a cornerstone for financial support and guidance in the area. Over the years, Magnifi Financial has built a strong legacy of trust and reliability. With a total membership exceeding 85,210 and assets amounting to an impressive $2,493,084,264, we have become a vital part of many lives here in Moorhead. Our dedicated team is always ready to assist members with a wide range of services including personal banking, auto loans, mortgages, and business banking solutions. Our mission is simple yet powerful: to empower individuals and families by providing them with accessible financial services while fostering a strong sense of community. We strive to make banking easy and efficient through digital advancements like online banking and mobile payments. Our facilities are ADA compliant to ensure that everyone can access our services comfortably. At Magnifi Financial, we believe that being part of the community means more than just offering financial products. We actively engage in partnerships with local organizations and participate in outreach programs aimed at supporting those in need. Whether it's sponsoring local events or providing educational resources about financial literacy, we're committed to making a positive impact beyond our branch walls. While members can visit us at 1002 Main Ave, official correspondence should be sent to the same address as our mailing address for convenience. We invite you to experience the difference that comes from being part of Magnifi Financial. With operating hours designed for your convenience Monday through Thursday from 8 AM to 5 PM, Friday from 8 AM to 6 PM, and Saturday from 8 AM to 12 PM we are here when you need us most. Plus, enjoy the ease of our ATM availability and drive-thru banking services. Join us today and discover how Magnifi Financial can help you achieve your financial goals while being part of a caring community focused on growth and support. For more information or assistance, don't hesitate to call us at 218-236-5191 or visit our website at http://www.mymagnifi.org. Let's build a brighter financial future together!

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind. We are ADA compliant and have ramps available for easy entry. Everyone in our community should feel welcome and comfortable when visiting us.

Call to Action

Ready to experience exceptional service? Visit us today at Magnifi Financial in Moorhead or give us a call at 218-236-5191. We can't wait to help you reach your financial goals!

Operating Hours

We understand that your time is valuable. That's why we're open Monday through Thursday from 8 AM to 5 PM, and on Fridays until 6 PM. For those busy weekends, you can also visit us on Saturdays from 8 AM to 12 PM. Our friendly staff is here during these hours to assist you with anything from personal banking to loan inquiries.

Services Offered

At Magnifi Financial, we pride ourselves on offering a wide range of services tailored to meet your financial needs. Need a quick cash withdrawal? Our ATM is available for your convenience. Prefer face-to-face interaction? Take advantage of our drive-thru banking option for deposits and simple transactions without leaving your vehicle. We also offer a variety of products such as checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. And if you're looking for online solutions, our online and mobile banking features make managing your finances easier than ever.

Member Eligibility

Becoming a member of Magnifi Financial is like stepping into a welcoming community where your financial needs are prioritized. If you live, work, or attend school in the area, you're likely eligible to join us! We believe in making banking accessible and personal, so if you have family members who are already part of our credit union, they can help you qualify too. Joining means you'll enjoy exclusive benefits like lower loan rates and higher savings returns, all while being part of a cooperative that values its members. For detailed eligibility criteria, feel free to check out our website at https://mymagnifi.org/membership/index.html. When you're ready to take the next step, opening an account is simple! Just visit https://mymagnifi.org/apply/index.html or give us a call at (218) 236-5191, and let's get you started on your journey with Magnifi Financial at 1002 Main Ave, Moorhead, MN 56560.

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 $3,686 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.

Merchant Services

In addition to loans, we offer essential merchant services that help streamline payment processes and enhance customer experiences. Picture this: a busy Saturday morning at your café where customers can quickly pay with their mobile devices while you focus on delivering quality service. Our tools make transactions smooth and efficient. Visit us at 1002 Main Ave Moorhead Mn 56560 in Moorhead, MN, or call us at (218) 236-5191 to learn more about how we can partner with you for success!

Comprehensive List Of Services

ATM and Drive-Thru Services

Need quick access to cash? Our branch provides ATM services for withdrawals and balance checks, along with basic drive-thru banking for deposits, withdrawals, and simple transactions. We aim to make your banking experience as convenient as possible. No matter what financial service you need, Magnifi Financial is dedicated to being there for you every step of the way. Feel free to reach out at (218) 236-5191 if you have any questions or if you're ready to explore how we can assist you further. Visit us today or check out our website at Moorhead Branch for more information!

Business Banking

For our business members, we offer comprehensive solutions including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our team is ready to assist with personalized advice and support.

Credit Cards and Rewards

To add a little extra value to your everyday spending, consider our credit cards with rewards. These cards not only make purchases easy but also allow you to earn points for cash back or travel rewards. It's just one more way that we strive to add value to your life.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we've invested heavily in our online and mobile banking platforms. Manage your accounts anytime and anywhere through our user-friendly app. You can easily transfer funds, pay bills, and even send money to friends through our person-to-person payment feature.

Personal Banking

Starting with personal banking, we offer various checking and savings accounts tailored to fit your lifestyle. For those looking to finance their dream vehicle, our auto loans and vehicle financing options are competitive and straightforward, ensuring you can get behind the wheel without any hassle. If you're considering buying a home or refinancing an existing mortgage, our mortgage loans come with flexible terms to meet your specific needs. Many members also find themselves needing extra cash from time to time. Our personal loans and debt consolidation services are here for just that. We help simplify your financial obligations so you can focus on what matters most.

Digital & Online Banking

Mobile Banking

Our mobile application brings banking right to your fingertips. You can make person-to-person transfers with just a few taps, ensuring that sharing funds with friends or family is quick and hassle-free. And if you prefer using mobile payments, we've got you covered there too! With our mobile payments feature, paying for goods and services is straightforward and safe. In short, Magnifi Financial offers a variety of digital banking tools that cater to your lifestyle. From secure online access to convenient mobile features, we make managing your money easier than ever before. Join us today and experience the benefits of modern banking!

Online Banking Services

With our robust online banking platform, available at http://www.mymagnifi.org, you can easily check your balances, pay bills, and transfer money all from the comfort of your home or while you're out and about. Our 24/7 online banking services mean you're never far from your finances.

User-Friendly Features

We prioritize security, so you can feel confident managing your money online. Our electronic signature authorization feature makes it simple to sign documents securely without needing to visit a branch. Plus, with e-statements available, you'll always have a clear view of your transactions without the clutter of paper statements.

Financial Strength

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 be part of a financial institution that is strong and reliable, and we are proud to showcase our robust 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 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. 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 lending capacity supports your financial goals across various sectors with $9,159 in used auto loans and a total of $1,840,291,835 in loans and leases. Our operational efficiency shines through with a net income of $6,286,885, which enables 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. Net Shares (funds available for lending and investments) stand at $13,451,924. Total Share Accounts amount to 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 1002 Main Ave Moorhead MN 56560 or call us at 218-236-5191 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.

Loan Offering

Additional Financing Options

For business owners looking for growth opportunities, our outstanding commercial loans totaling $1,035,815,009 provide the capital needed to expand operations and reach new markets. Additionally, our total credit lines amounting to $717,849,320 ensure that both individuals and businesses have access to funds when they need them most. At Magnifi Financial located at 1002 Main Ave Moorhead MN 56560, we are committed to helping our members thrive financially. If you're considering applying for a loan or would like more information about our offerings and eligibility options, please reach out at 218-236-5191. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Visit our website at mymagnifi.org for more details about how we can assist you today!

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 interested in financing a brand-new model or a reliable pre-owned vehicle, our team is here to guide you through the process and find the right fit for your budget.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $44,971,626, providing you with the financial support needed to make your dream home a reality. Our dedicated staff can assist you in navigating eligibility requirements and help you explore refinancing options as well.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging, but we also offer flexible terms on unsecured credit card loans. With a total of $12,543,897 in loans assisting members with effective financial management, these cards provide an easy way to handle unexpected costs while enjoying rewards and benefits tailored to your lifestyle.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Comparisons

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 commitment ensures that all offers are fair and transparent, allowing users to trust the numbers they see.