Magnifi Financial Saint Joseph MN Credit Union | Affordable Vehicle Loans & Personal Banking

Introduction

Welcome to Magnifi Financial, your trusted partner in financial well-being, located at 1300 Elm St E, Saint Joseph, MN 56374. Since our establishment in 1939, we have dedicated ourselves to serving our community with integrity and care. With a strong membership base of 85,210 individuals and total assets amounting to an impressive $2,493,084,264, we are proud to be a cornerstone of financial stability and support in the Saint Joseph area. At Magnifi Financial, we understand that each member's financial journey is unique. Our commitment to providing personalized services is reflected in our wide range of offerings from checking and savings accounts to auto loans and mortgages. Whether you're looking to buy your first car or refinance your home, we have the tools and expertise to help you achieve your goals. Our leadership team, led by CEO Charles Friederichs and Board President Steven Danzl, works tirelessly to ensure that we remain responsive to the needs of our members. With a dedicated staff of 401 employees, we pride ourselves on being accessible and attentive. Our branch features include convenient drive-thru banking, ATM access, and online banking services designed for your ease. While members can visit us at our physical location, official correspondence should be sent to our mailing address: 1300 Elm St E, PO Box 87, Saint Joseph, MN 56374. As you explore our services or need assistance with your finances, don't hesitate to reach out! Call us today at 320-271-0274 or visit our website at http://www.mymagnifi.org for more information. We look forward to being part of your financial success story!

Branch History & Mission

A Legacy of Trust and Growth

Magnifi Financial was founded with a simple mission: to provide accessible financial services that empower our members. Since opening our doors, we have focused on building strong relationships with our members and helping them achieve their financial goals. From auto loans to mortgage refinancing, our diverse range of products is designed to meet the unique needs of every member in our community. As we evolved through the years, we've embraced new technologies while maintaining our commitment to personalized service. Our branch features modern conveniences like online banking and mobile payments, ensuring that banking with us is easy and efficient. We are also proud of our drive-thru services and ATM availability, making transactions simple for everyone.

Join Us Today

We invite you to experience the benefits of membership with Magnifi Financial. Whether you're looking for personal banking solutions or business services, you'll find a welcoming environment ready to help you succeed. Join us today and become part of a community-focused credit union that cares about your financial well-being. For more information or to open an account, please call us at 320-271-0274 or visit our website at www.mymagnifi.org. Together, let's build a brighter financial future!

Our Mission

At Magnifi Financial, our mission goes beyond just providing financial products; it's about fostering growth within our community. We believe in supporting local initiatives and partnerships that make Saint Joseph a better place to live and work. Through outreach programs and community events, we strive to give back and contribute positively to the lives of those we serve. While members can visit us at 1300 Elm St E, official correspondence should be sent to PO Box 87, Saint Joseph, MN 56374. Our dedicated team is here to assist you during our operating hours: Monday through Thursday from 7:00 AM to 6:00 PM, Friday from 7:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.

Branch Location & Accessibility

Convenient Access and Amenities

At our Saint Joseph branch, we prioritize your convenience. With ample parking available, you can easily access our location without the hassle. Our facility is designed to be welcoming and accessible for everyone, featuring ADA-compliant entrances and ramps. For those who prefer banking on-the-go, we also offer ATM availability right at our branch, alongside drive-thru services for quick transactions like deposits and withdrawals. This means you can manage your banking needs even on busy days without stepping inside.

Operating Hours

We understand that life can get hectic, so we've tailored our hours to fit your schedule. You can visit us Monday through Thursday from 7:00 AM to 6:00 PM, and Friday from 7:00 AM to 6:00 PM as well. Need assistance on the weekend? We're here for you on Saturdays from 8:00 AM until noon!

Visit Us Today!

Whether you're looking to open a new account or explore our range of financial services including personal banking options, auto loans, and more our friendly team is ready to help. If you have any questions or need assistance before your visit, don't hesitate to give us a call at 320-271-0274. We look forward to welcoming you into the Magnifi Financial family!

Member Eligibility

Joining the Magnifi Financial community is not just about opening an account; it's about becoming part of a supportive family that looks out for your financial well-being. If you're wondering whether you can become a member, you'll be pleased to know that eligibility is straightforward and welcoming. Generally, anyone who lives, works, worships, or attends school in the area can join us. We believe that everyone deserves access to quality financial services, which is why we make it easy for you to be part of our cooperative. For detailed eligibility criteria, feel free to check out this page. Once you're ready to take the next step towards membership, opening an account at Magnifi Financial is simple! You can easily apply online through our website or visit us in person at 1300 Elm St E, Saint Joseph, MN 56374. If you have any questions or need assistance during the process, don't hesitate to give us a call at 320-271-0274. We're here to help you every step of the way as you embark on your journey with us!

Business Banking & Commercial Services

Merchant Services

In addition to loans, we offer merchant services that simplify payment processing for your business. Imagine running a bustling cafe where customers can pay easily using mobile wallets or credit cards. Our merchant services make transactions smooth and efficient, allowing you to focus on what you do best serving your customers. Explore how Magnifi Financial can be a partner in your business journey. Visit us at 1300 Elm St E Saint Joseph Mn 56374 in Saint Joseph, MN, or call us at (320) 271-0274 to learn more about how we can help you thrive!

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

Business Banking Services

Entrepreneurs will find value in our Business Banking services that include merchant services and business loans. Whether you're just starting out or looking to expand an existing venture, we're here to support you every step of the way.

Convenient Access

Understanding that life gets busy, we ensure that banking is convenient for you. Our basic drive-thru banking allows for quick deposits and withdrawals without leaving your vehicle. If you prefer using an ATM, we provide basic ATM access for withdrawals and balance checks whenever you need it. In today's fast-paced world, having reliable financial services at your fingertips is crucial. At Magnifi Financial, we aim to combine traditional banking values with modern convenience so you can focus on what matters most your life. For any questions or assistance regarding our services, feel free to reach out at (320) 271-0274. We're here to help! Visit us today at 1300 Elm St E Saint Joseph Mn 56374, or explore more about what we offer online at http://www.mymagnifi.org . Your journey towards financial wellness starts here!

Financing Options

If you're looking to make a significant purchase, our Auto Loans & Vehicle Financing options are designed for you. We offer competitive rates that make it simple to drive off in the car you want without breaking the bank. Similarly, if homeownership is on your mind, our Mortgage Loans & Refinancing services provide tailored solutions that fit various budgets and lifestyles. For those unexpected expenses or projects around the house, consider our Personal Loans & Debt Consolidation options. They can provide you with the necessary funds while also helping simplify your finances by combining multiple debts into one manageable payment.

Personal Banking Solutions

For everyday banking, our Personal Banking services cover everything from checking and savings accounts to credit cards with rewards. Imagine having the flexibility to manage your money effortlessly through our Online & Mobile Banking options. You can check balances, transfer funds, and pay bills right from your phone or computer. Plus, with access to ATMs and cash withdrawal services, managing your cash has never been easier.

Digital & Online Banking

Key Features

With just a few clicks at http://www.mymagnifi.org , you can access your accounts 24/7 through our secure online banking platform. Checking your balance, transferring funds, and paying bills has never been simpler. Our user-friendly interface ensures that even those new to online banking can navigate their accounts with ease. Need to send money to a friend? Our person-to-person transfer feature lets you quickly send funds directly from your account without any hassle. Plus, if you're always on the move, you'll love our mobile application that allows you to do everything from checking balances to making payments right from your smartphone.

Security and Convenience

Your security is our top priority. With electronic signature authorization, signing documents online is both safe and straightforward. You'll also appreciate our e-statements option, which not only helps reduce paper clutter but also gives you immediate access to your financial records whenever you need them. And if you're into mobile payments, we're right there with you. Our platform supports mobile payment options so you can make purchases seamlessly using your phone no wallet required! At Magnifi Financial, we strive to provide accessible and real-time account management so that you can focus on what matters most in life. Join us today and experience how easy banking can be!

Financial Strength

Growing Membership Base

We have a thriving community with a total of 263,613 share accounts, showcasing 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 1300 Elm St E Saint Joseph Mn 56374 or call (320) 271-0274 to learn more about how we can help you achieve your financial goals.

Investments in Your Future

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.

Member-Centric Savings

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 commitment to operational efficiency is reflected in our $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, committed team.

Our Financial Health

With a net worth of $272,083,942, we maintain robust 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

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 used vehicle, we have options that can make it easier for you to hit the road.

Business Loans

For business owners, our outstanding commercial loans totaling $1,035,815,009 provide the capital needed to grow and expand. Whether it's for equipment purchase or operational costs, we aim to support your business's financial health. If you're considering refinancing any existing loans or want more information about eligibility options available at Magnifi Financial, feel free to reach out. Our team is dedicated to providing personalized support throughout your borrowing journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. If you're ready to explore your financing options further or have any questions about our services at Magnifi Financial in Saint Joseph, MN 56374, don't hesitate to call us at 320-271-0274. We're here for you!

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 competitive rates and terms tailored to meet your needs.

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 product is ideal for those looking for a way to handle unexpected expenses without tapping into savings.

Loan Aggregator

Accurate Loan 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 ensures fair and transparent offers that you can trust. Every loan comparison is built on verified data, eliminating the guesswork often associated with finding competitive rates.

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency in your choices. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results for every user. - Real-Time Rate Comparisons: You receive up-to-date loan rates from multiple institutions, empowering you to make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Ready to find the best rates for your needs? Compare real-time loan offers today at LendMesh. 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 - Saint Joseph, MN