State credit union · MELROSE, Minnesota · NCUA charter #68604
Magnifi Financial
Health score 87/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 87
- Health / 100
- $2.61B
- Total assets
- 84,945
- Members
- 11.2%
- Net-worth ratio
Magnifi Financial scores 87/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $2.61B; members 84,945; net-worth ratio 11.18%; health rank #1,675 of 4,374; healthier than 60th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#1,675 of 4,374 health · 2025Q4Magnifi Financial · health 87/100 · $2.61B · 2025Q4
- ROA 87/100
- ASSETS 11.2%
- MEM 0.36%
- RANK 0.33%
- PHOTO $2.61B
- BOOK 84,945
- CHARTER #1,675/4,374
- NCUSIF Aberdeen Proving Ground
- CAMELS 68604
Call Report peers
Magnifi Financial in the assets neighbourhood
Magnifi Financial's $2.61B assets sit next to Aberdeen Proving Ground ($2.61B) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Magnifi Financial vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
87 Top 40% higher than 60% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Magnifi Financial - Share Insurance Coverage
Charter #68604's composite supervisory bracket and risk-based capital, as reported in the 2025Q4 NCUA Call Report. See our deposit-insurance coverage note for how NCUSIF protection works.
Magnifi Financial vs Over $500M peers
- Loan-to-Share Ratio leads the peer set - 100.00% here, 83.90% peer average (+16.10 pp).
- Return on Assets trails the peer set - 0.33% here, 0.51% peer average (-0.18 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Where Magnifi Financial sits in Minnesota
- In Minnesota, health place is #46 of 82 on the same NCUA-ratio sort used nationally.
- By total assets, Magnifi Financial is #5 of 82 in Minnesota.
- Minnesota membership ordinal: #5 of 82.
In-state ordinals use the live credit_unions table for MN only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Magnifi Financial: 2025Q4 → 2026Q1
Magnifi Financial: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.4% from $2.61B (2025Q4) to $2.67B (2026Q1).
- Net-worth ratio shifted -0.02 pp (11.20% → 11.18%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
At 11.18%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
How the 87/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 87.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 12.4 pts
- Member Growth 8.9 pts
- Loan-to-Share Ratio 10.7 pts
Magnifi Financial health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 11.18% | +0.00 pp |
| Delinquency Rate | 0.36% | -0.52 pp |
| Return on Assets | 0.33% | -0.18 pp |
| Member Growth | -0.04% | - |
| Loan-to-Share Ratio | 100.00% | +16.10 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Magnifi Financial quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $2.67B | - |
| 2025Q4 | $2.61B | 84,945 |
| 2024Q4 | $2.43B | 84,983 |
| 2023Q4 | $2.34B | 84,690 |
Credit Union Details
- Charter Number
- 68604
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Minnesota
- City
- MELROSE
- Data Quarter
- 2025Q4
Branch Locations (28)
The NCUA branch filing lists 28 physical offices for Magnifi Financial, spread across 27 cities in 2 states.
| Office | City |
|---|---|
| Administration Center (Main Office) | Melrose, MN |
| Albany Branch | Albany, MN |
| Avon Branch | Avon, MN |
| Belgrade | Belgrade, MN |
| Blaine | Blaine, MN |
| Cold Spring Branch | Cold Spring, MN |
| Columbia Heights | Columbia Heights, MN |
| Coon Rapids | Coon Rapids, MN |
| Fargo | Fargo, ND |
| Freeport Branch | Freeport, MN |
| Glenwood | Glenwood, MN |
| Grey Eagle Branch | Grey Eagle, MN |
| Holdingford Branch | Holdingford, MN |
| Little Falls Branch | Little Falls, MN |
| Long Prairie Branch | Long Prairie, MN |
| Maple Grove | Maple Grove, MN |
| Melrose Branch | Melrose, MN |
| Moorhead Branch | Moorhead, MN |
| New York Mills Branch | New York Mills, MN |
| Paynesville Branch | Paynesville, MN |
| Perham | Perham, MN |
| St Joseph | Saint Joseph, MN |
| Sartell Financial Center | Sartell, MN |
| Sauk Centre Branch | Sauk Centre, MN |
| Spicer | Spicer, MN |
| Wadena Branch | Wadena, MN |
| Waite Park | Waite Park, MN |
| West Fargo | West Fargo, ND |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Minnesota
A look at other Minnesota credit unions, ranked by how closely their peer group and asset size match this one.
Nationwide credit unions with similar profiles
Magnifi Financial's nationwide photo peers by assets and by health score, excluding Minnesota charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($2.61B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (87/100 here).
Using this data
- Magnifi Financial ranks #1,675 of 4,374 nationally on financial health and #46 of 82 in MN -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Mayo Employees is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Mayo Employees
- Rates and health both vary by institution, not just by state -- see how Minnesota credit unions compare overall before assuming this one is typical. Minnesota state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is Magnifi Financial financially healthy?
Yes/no aside, the number is 87/100 (Excellent) - Magnifi Financial's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #1,675 of 4,374; by total assets it ranks #199 of 4,374 nationally (same basis as /rankings/largest); and #5 of 82 within Minnesota. Above 80 reads excellent, below 50 warrants closer monitoring; a 11.18% net worth ratio and 0.36% delinquency rate are the key drivers.
How does Magnifi Financial compare to other credit unions?
87/100 is Magnifi Financial's score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Magnifi Financial?
Membership eligibility for Magnifi Financial depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Magnifi Financial directly for current membership requirements and application steps.
Is my money safe at Magnifi Financial?
Federal credit unions like Magnifi Financial are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Magnifi Financial's net worth ratio of 11.18% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Magnifi Financial offer compared to banks?
Credit unions like Magnifi Financial are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Magnifi Financial directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.