MAGNIFI FINANCIAL CREDIT UNION

Welcome to Magnifi Financial, your trusted partner in financial services located at 163 Highway 23 NE, Spicer, MN 56288. Since our establishment in 1939, we have been committed to serving our community with integrity and dedication. As of today, we proudly serve over 85,210 members, providing a variety of financial solutions tailored to meet their needs. At Magnifi Financial, we understand that your financial journey is unique. With total assets reaching an impressive $2,493,084,264 and total deposits of $276,731,853, we are well-equipped to support you in achieving your financial goals. Whether you're looking for personal banking services like checking and savings accounts or seeking financing options such as auto loans and mortgages, we've got you covered. Our leadership team, led by CEO Charles Friederichs and Board President Steven Danzl, is dedicated to ensuring that every member feels valued and supported. With a robust team of 401 employees, we strive to provide excellent service through our various offerings, including online and mobile banking options for your convenience. For any official correspondence, please note that you can reach us at the same address: 163 Highway 23 NE, Spicer, MN 56288-9734. If you have questions or need assistance, don't hesitate to call us at 320-409-1372. We invite you to explore how Magnifi Financial can be a vital part of your financial future visit us today or check out our website at http://www.mymagnifi.org for more information!

At Magnifi Financial, we take pride in our rich legacy of service and commitment to the community. Established in 1939, our Spicer branch has grown alongside the residents of this vibrant area in Minnesota, becoming a trusted financial partner for generations. Located at 163 Highway 23 NE, Spicer, MN 56288, we are easily accessible to everyone in the community. Over the years, we have expanded our services to meet the evolving needs of our members. Today, we serve over 85,000 members and manage total assets exceeding $2.49 billion. This growth reflects not only our dedication to providing quality financial services but also our unwavering support for the local community. We believe that when our members thrive, so does our community. Our mission is simple yet powerful: to enhance the financial well-being of our members through exceptional service and innovative solutions. We focus on providing a range of services such as personal banking, auto loans, mortgages, credit cards with rewards, and business banking options. Our goal is to empower individuals and families to achieve their financial dreams while contributing positively to Spicer and beyond. We understand that convenience matters to you. That's why we offer various ways for you to connect with us whether it's through our drive-thru banking services or via online and mobile banking platforms. Our branch is open 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 (drive-up only). Plus, we provide ATM access for your convenience. While you can visit us at our branch address for all your banking needs, any official correspondence should be sent to our mailing address at 163 Highway 23 NE, Spicer, MN 56288-9734. We also take pride in being an integral part of the community by actively engaging in outreach efforts and forming partnerships that benefit local organizations. Together with our dedicated team led by CEO Charles Friederichs and Board President Steven Danzl, we strive every day to make a positive impact. Join us at Magnifi Financial and experience firsthand the benefits of being part of a credit union that puts its members first. Whether you're looking for a new checking account or need guidance on loans and financing options, we're here for you every step of the way. Come visit us today!

At Magnifi Financial, we believe that everyone deserves a place in our supportive community. Becoming a member is easy and welcoming, especially if you live or work in our local area, which includes anyone who shares a connection to the beautiful Spicer region. If you're ready to enjoy personalized banking services and the benefits of being part of a credit union that truly cares, we'd love to have you join us! To learn more about the specific eligibility criteria, feel free to check out this resource: https://mymagnifi.org/membership/index.html . Opening your account with us is just as straightforward. You can start your journey towards membership by visiting our account opening page here: https://mymagnifi.org/apply/index.html . If you have any questions or need assistance, don't hesitate to reach out at (320) 409-1372. We're excited to help you take this important step towards financial wellness at Magnifi Financial, located at 163 Highway 23 Ne Spicer Mn 56288!

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 are committed to maintaining a strong financial foundation that allows us to support your needs effectively. 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. We also have $244,269,902 in undivided earnings, which allow us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $9,159 in used auto loans and $1,840,291,835 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our success is reflected in our $6,286,885, showcasing our operational efficiency and 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. The strength of our financial position is illustrated by our net shares available for lending and investments: $13,451,924. Additionally, the trust placed in us by our members is evident through the total number of share accounts 263,613 that demonstrate a strong and 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 163 Highway 23 Ne Spicer Mn 56288 or call (320) 409-1372 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.