Competitive and comprehensive health insurance plans and
internal wellness programs
Generous PTO available at multiple tiers for length of
employment plus access to parental leave
Planning for the Future
Magnifi Financial matches 401(k) contributions up to 4%
plus access to financial wellness assistance
Training & Development
Keep learning and developing with tuition reimbursement
and customized training
Magnifi Financial Culture
Everyone at Magnifi Financial is working toward a common goal of helping to make members’ dreams
At Magnifi Financial we work as a TEAM! No matter the project or task, we
will come together to make sure it gets done.
We are collaborative, and no matter your position, we are always willing to
lend a helping hand.
Loyalty means a lot to us so we recognize employees for years of service by
celebrating milestone anniversaries.
Our recognition program is top notch, identifying the positive impact peers
are making on the organization and others.
Get away and enjoy a vacation, spend time with friends or take a day for yourself. If you are
sick, or the kids are sick, no problem. Magnifi Financial employees start with 20 days
of PTO each year.
Enjoy time with family over the holidays with 10 paid holidays each year.
Work-life balance is extremely important when welcoming a new child to your family. We
provide 6 weeks of paid Maternity leave for child-birthing mothers. 2
weeks of paid Parental leave is available to non-child-birthing parents.
Flexibility is important to balance the crazy lives many have. Remote work
options may be available to help offset some of these struggles.
Our 401(k) offers flexibility to fit your retirement goals. We match
up to 4% of employee contributions.
We may offer a discretionary contribution to employees’ 401(k) accounts each year in an amount
not to exceed 4%.
We offer incentive opportunities based on organizational success.
Employees receive up to 90-days of employer-paid Short Term Disability.
In the event your leave extends beyond the 90-day period, we provide Long Term
Disability to continue to assist with your financial needs.
Company provided Group Life Insurance is offered to ensure you are prepared
if something unexpected happens.
Have young kids that are accident prone, or are you accident prone? Don’t worry, we
offer Accident Insurance to help pay for expenses associated with accidents and
Critical Illness Insurance is available as additional financial support if
you are ever faced with an unforeseen critical illness.
Investing in Our Team
Training and development is the foundation for learning experiences to empower our team.
Introduce yourself to our team and experience our culture during new employee
Participate in a wide-array of customized training courses on a regular basis
through online and instructor-led training.
Strengthen your skills through our personal and professional development
Take advantage of the Magnifi Financial leadership development program to
enhance your leadership skills and explore career growth.
Making a Difference Where We Live
Giving back in the communities we serve is something Magnifi Financial values and encourages.
Volunteering enriches our lives and makes us part of something bigger in our communities.
Spend time volunteering at your favorite non-profit or in your local community using
32 hours of volunteer paid time off.
Join Our Team
Voted by our employees, Magnifi Financial has been awarded the
“Star Tribune’s Top Workplace” award for 5 years. This recognition is based
solely on anonymous surveys about the workplace completed by Magnifi Financial employees.
Best of Central MN celebrates Central Minnesota’s
top choices for where consumers like to do business. Magnifi Financial was voted Top Financial
Institution for 4 years.
Magnifi Financial was awarded 100 Best Places to Work in
IT in 2020 by Computerworld, which highlights companies that offer top benefits, foster
teamwork and promote training and career development opportunities in the area of IT.
Credited with IT Department of the Year - Gold 2020
Stevie Winner through American Business Awards.
Equal Opportunity Employer
Magnifi Financial is an Equal Opportunity / Affirmative Action
employer. All qualified applicants will receive consideration for employment without regard to
race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military
service, veteran status, genetic information, union membership, creed, marital status, familial
status, sexual orientation, gender identity, status with regards to public assistance, or
membership in a local human rights commission, or any other characteristic protected by law.
Magnifi Financial also provides reasonable accommodations to qualified applicants with
disabilities upon request.
Sometimes, sometimes not. If you have already found your vehicle to purchase, we can set up financing right away and you won't need a pre-qualification letter. However, if you get pre-qualified and then shop around for vehicles, we'll send you a pre-qualification letter to bring to dealerships. Some dealerships may also contact us to confirm financing as a business practice.
Your pre-qualification offer is typically valid for 90 days with Magnifi. If we have not heard from you about purchasing a vehicle within those 90 days, then your loan application will be closed and you will need to reapply if you decide to obtain financing after the expiration date.
That's great! Go ahead and fill out an application and we'll help you get the financing together as quickly as possible. If you are working with a dealership, we'll just need the Purchase Agreement and Insurance Card. Our lending staff will help walk through everything with you to get you on the road faster.
We have several methods for you to make your loan payments:
• Magnifi Digital Banking or Mobile App: You can transfer funds from your Magnifi or external checking/savings account into your loan account.
• Online: Use our online loan payment system to set up a single or recurring payment with your debit/credit card or routing/account number.
• Mail: Send a check to: PO Box 232, Glenwood, MN 56334. Please include your Account Number and Loan ID. You will not receive a payment receipt by mail but you can verify the transaction within Digital Banking.
• Branch: Visit any Magnifi location to make a payment.
You can avoid paying as much interest if you make larger or additional payments on your vehicle loan. This will pay down the principal of the loan which means you pay less interest and you could pay off your loan quicker. However, this does not advance your due dates... Meaning, if you make twice the payment amount one month, you will still need to make a payment on the same due date the following month.
Frequently Asked Questions
We have several methods for you to make your loan payments: Magnifi Financial
Internet Banking: You can transfer funds from your Magnifi Financial
checking/savings account into your loan account. Learn more here. Magnifi Financial Mobile
App: You can transfer funds from your Magnifi Financial checking/savings
account into your loan account. Learn more
here. Phone: (888) 330-8482 Pay over the phone with a debit card
or Magnifi Financial account transfer. Mail: PO Box 190, St. Joseph,
MN 56374. Please include your Account Number and Loan ID. You will not receive a payment
receipt by mail but you can verify the transaction within Internet
Banking. Branch: Visit any Magnifi Financial location to make a
Great question! Our members can qualify for membership very easily. You will just need to
work, worship, go to school, or volunteer in one of the 18 counties of our field of
membership. So, when you open your account with us, you will open a one-time $5.00 “Share”
account which makes you a member of Magnifi Financial and an equal owner of our credit
union. And if you ever decide to close your account, you will receive your $5 deposit
back. You can learn more here.
Yes, Magnifi Financial offers additional protection for members to add on to their loans in the event that something unexpected occurs.
Work with your assigned Magnifi Financial team member to discuss the right options for you.