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Magnifi Financial
MELROSE, MN · NCUA Charter #68604 · State charter, federally insured · Chartered 1939
Total assets
$2.75B
Shares & deposits
$2.27B
Total loans
$2.26B
Members
85,513
Net worth
$303.99M
Branches
29
Rank: #190 of 4,299 U.S. credit unions by assets · #4 of 80 in Minnesota. Assets changed 9.6% and membership 0.9% over the year to June 30, 2026.
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Key ratios
| Net worth ratio (capital) | 11.04% |
| Return on assets (annualized, approx.) | 0.00% |
| Delinquent loans, 2+ months (share of loans) | 0.08% |
| Loans to shares & deposits | 99.6% |
| Net income (YTD) | $0 |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.70B | $1.46B | $0 | $220.41M |
| Jun 2023 | $2.26B | $1.80B | $0 | $255.35M |
| Jun 2024 | $2.45B | $1.97B | $0 | $273.58M |
| Jun 2025 | $2.51B | $2.10B | $0 | $281.86M |
| Jun 2026 | $2.75B | $2.27B | $0 | $303.99M |
Branch footprint
| State | Branches |
|---|---|
| Minnesota | 27 |
| North Dakota | 2 |
Similar-sized credit unions
Abound ($2.76B) · Polish & Slavic ($2.74B)
Source: NCUA Call Report (Form 5300) as of June 30, 2026. Credit unions are member-owned cooperatives; deposits are insured by the NCUSIF. See methodology.
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