Institution profile
MAGNIFI FINANCIAL
Identity verified through NCUA; additional sources pendingVerification describes the US Mortgage Index public-source matching process. It is not an endorsement or recommendation. Read the methodology
Public-record data only. Not a recommendation, lender endorsement, or rate comparison. Verify current licensing, product availability, and terms independently.
NCUA identity
- NCUA charter number
- 68604
- Credit union type
- Federally insured state-chartered credit union
- Federal insurance
- Federally insured through the NCUA / National Credit Union Share Insurance Fund
- Low-income designation
- No
NCUA-reported main office
Main office is the location classification reported in the NCUA source and is not presented here as a legal-headquarters determination.
- Address line 1
- 20 4th Ave SE
- City
- Melrose
- State
- MN
- ZIP
- 56352
- County
- Stearns
- Country
- United States
- Phone
- 3202563669
- Hours
- Monday - Friday 8:00 AM to 5:00 PM
NCUA quarterly financial summary
Data period: March 31, 2026
- Members
- 85,373
- Total assets
- $2,671,369,625
- Total loans — all reported loan categories
- $2,162,185,152
- Shares and deposits
- $2,238,335,061
- Return on average assets
- 0.45%
- Net worth ratio
- 11.18%
- Loan-to-share ratio
- 96.6%
NCUA total-loan balances are institution-wide and are not presented as mortgage volume.
Four-quarter growth metrics
- Shares/deposits four-quarter growth
- 6.99%
- Loans four-quarter growth
- 9.94%
- Assets four-quarter growth
- 7.12%
- Members four-quarter growth
- 0.89%
- Net-worth four-quarter growth
- 8.19%
Location characteristics
Source-reported location characteristics. These fields are not recommendations or quality indicators.
- Member services
- No
- ATM
- No
- Drive-thru
- No
- Shared service-center network
- No
NCUA source dates
- NCUA call-report date
- March 31, 2026
- NCUA locations data date
- March 31, 2026
- NCUA locations observed
- August 7, 2026
Additional profile fields
Fields below supplement the primary source baseline and are shown only when present on the public profile.
- Entity type
- Federally insured state-chartered credit union