Magnifi Financial Credit Union Expands with A New Maple Grove Branch

Magnifi Financial Credit Union (Magnifi) is excited to announce 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’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 services, including commercial banking and wealth management.

Magnifi 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 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 serve members and communities. 

Magnifi has been in business for eighty-four 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.

Chuck Friederichs
Magnifi Financial CEO

Magnifi anticipates the new location to open in early 2024.


About Magnifi Financial Credit Union

Magnifi Financial is a full-service Minnesota state-chartered credit union with $2.2 billion in assets and serves over 84,000 members. Magnifi Financial is a community-based credit union with 24 branches.