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
Call Report peers
Magnifi Financial in the assets neighbourhood
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
Magnifi Financial sits in the busiest band, 85-89, alongside 857 other credit unions.
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 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).
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.
- One place up in Minnesota, United Employees (#45) ties at 87/100; one place down, ZIEGLER (#47) scores 86/100, 1 point lower.
Magnifi Financial: 2025Q4 → 2026Q1
Magnifi Financial: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.4% from $2.61B (2025Q4) to $2.67B (2026Q1).
- Net-worth ratio shifted -0.02 pp (11.20% → 11.18%).
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
Magnifi Financial gives up 13 points in total. Member Growth costs the most, 6.1 of its 15; Net Worth Ratio and Delinquency Rate score full marks.
- 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 |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is Magnifi Financial financially healthy?
Magnifi Financial has a financial health score of 87/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #1,675 of 4,374 nationally on health and #46 of 82 in Minnesota. Its net worth ratio is 11.18% and its delinquency rate 0.36%.
How does Magnifi Financial compare to other credit unions?
Magnifi Financial scores 87/100, higher than 60% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (100.00% vs 83.90%). Its widest shortfall is return on assets (0.33% vs 0.51%).
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?
Magnifi Financial is a state-chartered credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.