Magnifi Financial Blog

Magnifi Financial Honored with The Outstanding Service & Impact Award at Minnesota Credit Union’s ACCELERATE 26

Written by Magnifi Financial | May 7, 2026

Magnifi Financial Credit Union was honored with the Outstanding Service & Impact Award in the "more than $1 billion" category of the Elevate Awards program, a statewide recognition program celebrating leadership, service, and community impact across the credit union movement. 

The Outstanding Service & Impact Award recognizes initiatives that demonstrate a strong commitment to the credit union philosophy of "people helping people" through meaningful service to members and communities. Magnifi Financial was selected for its 3 Essentials Program, which puts this philosophy into action by providing the fundamental human needs of food, shelter, and clothing to those in need. 

This initiative demonstrates that Magnifi supports both financial and life challenges. By partnering with local organizations and investing in community programs, Magnifi helps build stronger and more resilient communities for the long term. This program reflects our clear commitment to collaboration, service, and improving financial and overall well-being.

“The Elevate Awards shine a spotlight on the exceptional work happening across Minnesota’s credit union community that brings the cooperative spirit of the credit union movement to life,” said Mara Humphrey, President & CEO of the Minnesota Credit Union Network. 

Recipients were recognized during the Minnesota Credit Union Network’s ACCELERATE 26 Conference at the Mystic Lake Center, where credit union leaders and professionals from across the state gathered for The Minnesota Credit Union Event of the Year, three days of inspiration, innovation, and connections.

Magnifi Financial is proud to stand alongside other credit unions that are leading positive transformation across the industry. This recognition reinforces Magnifi’s ongoing commitment to empowering members and making a meaningful difference one financial decision at a time. 


About our 3 Essentials Program

At Magnifi Financial, giving back is at the heart of what we do. We believe that every person deserves access to the three essentials of well-being: food, shelter, and clothing. Through our 3 Essentials Program, we’re connecting everyday financial decisions to meaningful community impact.

  • We provide 100 pounds of food to a local food shelf when you get an auto loan
  • We provide 1 night of housing to someone in need when you finance a new house purchase or refinance a home loan
  • We provide 1 item of clothing to someone in need when you open a new personal checking account

 

Since 2016, the 3 Essentials Program has provided a total of:

 

About Magnifi Financial

Magnifi Financial is a full-service community credit union providing financial solutions to consumers and businesses, mortgages, and wealth management services to anyone within its field of membership in Minnesota, North Dakota, and Wisconsin. Magnifi Financial serves members through an extensive network of branches and best-in-class digital services. Whether at home or on the go, members can access their accounts and manage funds with ease through a full suite of digital banking services.

Magnifi Financial invests in each member’s personal financial needs and in initiatives that enhance the lives of members and their communities through the Magnifi Financial Foundation. The Magnifi Financial Foundation® funds initiatives that make a significant long-term impact on the betterment of Magnifi Financial’s members and the communities they serve.

 

About the Minnesota Credit Union Network

The Minnesota Credit Union Network is the only trade association that champions Minnesota Credit Unions. We ensure credit union priorities are front and center as we advocate, accelerate, collaborate, and celebrate Minnesota’s thriving credit union system.

With $43 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve nearly 2.2 million members through 401 branch locations and employ 5,828 people across the state. As not-for-profit financial cooperatives, credit unions give back to the communities they serve. For more information, visit mncun.org.