Magnifi Financial logo — Your World In Focus.

Magnifi Financial

Your World In Focus.

Founded 1939 United States Melrose, United States 317 employees Financial Services, Banking +1

General Information

Company Name Magnifi Financial
Founded Year 1939
Location United States Melrose, United States
Employees 317
Industries Financial Services, Banking, Wealth Management
Social

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About Magnifi Financial

Magnifi Financial is a financial services cooperative based in Melrose, Minnesota. The organization offers a wide range of financial products and services including consumer checking, savings, loans, mortgages, credit cards, internet and mobile banking, retirement and financial planning services, as well as business accounts and loans. With a focus on making dreams come true for its members, Magnifi is recognized as a top agricultural lending credit union in Minnesota and is an SBA preferred lender. Since its establishment in 1939 with 52 members and $499.05 in assets, Magnifi Financial has experienced significant growth, now boasting more than 90,000 members, over $1 billion in assets, 375 employees, and over 25 branch locations throughout Minnesota. Through this impressive expansion, the company has remained steadfast in its commitment to its members and the communities it serves. For individuals keen on exploring opportunities with Magnifi Financial, the company's career openings can be accessed through mymagnifi.org/careers. It's important to note that participation on the company's LinkedIn page is at one's own risk, requiring individuals to take personal responsibility for their posts, comments, username, and any information they provide. As of the most recent information available, there is no record of the last investment received by Magnifi Financial or the associated investors. This could imply that the organization is currently not in the midst of any significant investment activity.

Taxonomy: cooperative, agricultural lending, credit union, SBA preferred lender, consumer banking, business banking, mortgages, retirement planning, community-focused, Minnesota-based, member-owned, employment opportunities, NCUA insured, equal opportunity

No funding data available for Magnifi Financial yet.

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FAQ About Magnifi Financial

Your World In Focus.
Magnifi Financial was founded in 1939.
Magnifi Financial is headquartered in Melrose, United States.
Magnifi Financial operates in Financial Services, Banking and Wealth Management. Its work centres on cooperative, agricultural lending, credit union and SBA preferred lender.
Magnifi Financial has approximately 317 employees.
Top alternatives and competitors to Magnifi Financial include Princeton Federal Credit Union, PenFed Credit Union, PenAir Credit Union, AmFirst, PSECU. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magnifi Financial and Princeton Federal Credit Union are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Magnifi Financial, https://bouncewatch.com/company/magnifi-financial, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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