Magnifi Financial Credit Union announced a new branch location in the Minneapolis/St. Paul metro area. The branch will be located on Elm Creek Blvd in Maple Grove and features an innovative new building in the space of the former Broadway Pizza. This will be Magnifi Financial’s fourth location in the greater Minneapolis/St Paul area, which includes Coon Rapids, Blaine, and Columbia Heights. This full-service financial facility provides access to all Magnifi Financial services, including commercial banking and wealth management.
Magnifi Financial is a leader in the financial industry, as Minnesota’s fourth largest credit union and one of the nation’s predominant commercial lending credit unions. Magnifi Financial was established in 1939 to support members impacted by financial hardships during the Great Depression to help them borrow and save money. The credit union has grown to a $2.2 billion credit union that is united to service members and communities.
“Magnifi Financial has been in business for 84 years and has remained stable and strong. We recognize and appreciate the value of our members, employees and communities as partners in the success of our organization. Magnifi is pleased to be part of the Maple Grove community. We are thankful for being part of our members’ lives in helping them achieve their financial goals,” says Chuck Friederichs, CEO.
Magnifi Financial anticipates the new location to open in early 2024.
