National ATMsLegal Services Industry Financial Solutions
Your growing business deserves more.
Magnifi Financial now offers IOLTA (Interest On Lawyer Trust
Accounts) accounts for attorneys and law firms who routinely hold funds on behalf of clients. Interest
income earned on IOLTA accounts is donated to the Minnesota IOLTA program who then provide that revenue
to the Legal Services Advisory Committee (LSAC) to create grants for low-income individuals who need
access to legal services. Magnifi Financial is an approved financial institution under the Minnesota
IOLTA Program.
Learn more about the solutions Magnifi Financial provides for legal service businesses
below.
Solutions for Legal Service
Businesses
We offer a wide variety of products and services for any type of business. No matter if your business is small or large, our Commercial Business Officers offer guidance at any stage to get you on track to your business goals.
Free Checking
Magnifi Financial waives the monthly
checking service fee for IOLTA accounts.
Fraud Management
Monitor your ach and check payments
as they clear to ensure there is no fraud occurring on your account.
Remote Deposit
Your billing department can deposit check payments from their desks. Multiple users with varying levels of security can be connected to your Digital Banking account.
Competitive Rates
As the largest commercial-lending credit union in Minnesota, we are able to provide our business members with low loan rates.
Low Fees
Magnifi Financial has very competitive terms for businesses which include low fees. We make sure you're comfortable with all of the terms of your loan or deposit account.
Customized Options
Our local Commercial Banking Officers work directly with you to build a relationship and help determine the right solutions for your business.
Get Started
Contact Us
Fill out our online form with some information about your business and the products or services of interest. Your local Commercial Banking Officer will be in touch within 1-2 business days.
Locate a Branch
You can open a business account or loan at any Magnifi Financial location. Each location has a designated Commercial Banking Officer, but we recommend you call ahead to make an appointment.
Call Us
We have a dedicated phone line for business members which will help you reach someone who can help faster and save you precious time.
Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
