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Magnifi Financial Ranked #1 Credit Union in Minnesota by Forbes
Ranked Best-In-State for Trust & Member Satisfaction
MELROSE, MINNESOTA / ACCESS Newswire / July 2, 2025 / Magnifi Financial Credit Union has been recognized as the Best Credit Union in Minnesota on the Forbes list of America's Best-In-State Credit Unions 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on June 17th, 2025, and can be viewed on the Forbes website.
Financial institutions serve as the foundation of the financial world, playing a critical role in maintaining the stability of global systems. America's Best-In-State Credit Unions 2025 aims to showcase the institutions most valued by residents in each state and recognize the credit unions that have excelled in meeting their local communities' unique needs and expectations. The ranking is based on an independent survey of over 26,000 customers in the U.S. Participants evaluated credit unions on several criteria, including trust, member satisfaction, quality of financial advice given, digital tools, and whether fees were transparent and reasonable. A sentiment analysis was conducted using the publicly available reviews, and a score was calculated.
This prestigious award reflects a commitment to excellence and the ability to combine innovative banking technologies with a personalized approach to member service, creating an experience that truly sets Magnifi Financial Credit Union apart in the industry.
"We are honored to be ranked as the number one credit union in Minnesota," said Chuck Friederichs, CEO of Magnifi Financial. "We are grateful to be trusted as part of our members' financial journeys and look forward to continuously providing excellent service and supporting our local communities."
About Statista: Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys.
About Magnifi Financial Credit Union:
Magnifi Financial is a full-service community credit union offering retail and commercial deposits and loan products, 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 services.
Magnifi Financial invests in each member's personal financial needs and 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.
Magnifi is committed to its core values of building up our shared communities, providing financial solutions that are easy and simple, earning the trust and respect of each member through our expertise, and doing what is right for our entire membership.
Website: https://mymagnifi.org/
Facebook: @mymagnifi
Instagram: @mymagnifi
LinkedIn: @magnifi-financial-credit-union
Contact Information
Ross Bloomquist
Chief Experience Officer
[email protected]
888.330.8482
SOURCE: Magnifi Financial
View the original press release on ACCESS Newswire
W.Nelson--AT