Magnifi Financial Credit Union
Melrose, MN
$2.8B
total assets, June 30, 2026
$2.8B
total assets, June 30, 2026
Magnifi Financial Credit Union is a state credit union based in Melrose, MN. As of June 30, 2026 it held $2.8 billion in assets and $2.3 billion in deposits; assets were up 9.6% from a year before. It has 85,513 members and 29 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$2.8B
+9.6% in a year · +3.1% in a quarter
Deposits
$2.3B
+8.2% in a year · +1.5% in a quarter
Loans
$2.3B
+12.0% in a year · +4.6% in a quarter
Profit so far
$8.4M
Jan 1 to Jun 30, 2026 · +3.9% in a year
Net worth ratio
11.04%
-0.18 pts in a year
Return on assets
0.61%
-0.03 pts in a year
Facts
- Type
- State credit union
- Head office
- 20 4TH Ave Se, Melrose, MN, 56352
- Established
- Jan 1, 1939
- Employees
- 424
- Members
- 85,513
- Branches
- 29 in 2 states
- Id
- cu68604
Quarter by quarter
December 31, 2010 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets is a yearly rate.
Branches
29 offices as of June 30, 2026
Branches by state
| Office | Place |
|---|---|
| Administration Center (main office) | Melrose, MN |
| Albany Branch | Albany, MN |
| Avon Branch | Avon, MN |
| Belgrade | Belgrade, MN |
| Blaine | Blaine, MN |
| Blaine Branch | Blaine, MN |
| Cold Spring Branch | Cold Spring, MN |
| Columbia Heights | Columbia Heights, MN |
| Coon Rapids | Coon Rapids, MN |
| Freeport Branch | Freeport, MN |
| Glenwood | Glenwood, MN |
| Grey Eagle Branch | Grey Eagle, MN |
12 of 29 offices. Download the CSV for all of them.
Related pages
Questions and answers
How big is Magnifi Financial Credit Union?
$2.8 billion in total assets and $2.3 billion in deposits as of June 30, 2026, with assets up 9.6% from a year before. Its loans were $2.3 billion.
How many branches does Magnifi Financial Credit Union have?
29 branches in 2 states as of June 30, 2026.
How many members does Magnifi Financial Credit Union have?
85,513 members as of June 30, 2026, up 0.9% from a year before.
Is Magnifi Financial Credit Union profitable?
Yes: it earned $8.38 million from January 1 to June 30, 2026 (up 3.9% from the same months a year before). Its return on assets was 0.61% a year; about 1% is typical.
Official public data from the reports every insured credit union files each quarter. Profit so far runs from January 1 to the quarter end. Credit union branch lists have no deposits or map positions. New quarters appear about two months after the quarter ends.