| Weiss Ratings |
Magnifi Financial Credit Union
Melrose, MN |
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| Rating | ||||
| Asset Quality Index | 7.70 | |||
| Capitalization Index | 8.10 | |||
| Liquidity Index | 2.00 | |||
| Profitability Index | 5.10 | |||
| Stability Index | 5.00 | |||
| Company Info |
Magnifi Financial Credit Union
Melrose, MN |
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| NCUA Charter Number | 4635 | |||
| Phone Number | (320) 256-3669 | |||
| Website | mymagnifi.org | |||
| Asset Quality |
Magnifi Financial Credit Union
Melrose, MN |
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| 1-Year Asset Growth | 2.57% | |||
| 5-Year Asset Growth | 15.16% | |||
| 5-Year Charge-Offs to Average Loans | 0.14% | |||
| Charge-Offs to Average Loans | 0.45% | |||
| Non-Performing Assets to Assets | 0.73% | |||
| Non-Performing Loans to Capital | 6.44% | |||
| Non-Performing Loans to Loans | 0.46% | |||
| Balance Sheet |
Magnifi Financial Credit Union
Melrose, MN |
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| Total Assets | 2.51B | |||
| Total Deposits | 2.10B | |||
| Capital and Reserves |
Magnifi Financial Credit Union
Melrose, MN |
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| Capital | 262.26M | |||
| Leverage Ratio | 11.22 | |||
| Loan Loss Reserves to Loans | 1.21% | |||
| Liquidity |
Magnifi Financial Credit Union
Melrose, MN |
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| Hot Money Ratio | 25.65% | |||
| Liquidity Ratio | 9.15% | |||
| Profitability |
Magnifi Financial Credit Union
Melrose, MN |
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| 5-Year Return on Average Assets | 0.82% | |||
| Net Income | 8.06M | |||
| Net Interest Spread | 3.29% | |||
| Operating Profit to Average Assets | 0.88% | |||
| Overhead Efficiency Ratio | 77.67% | |||
| Return on Assets | 0.65% | |||
| Return on Equity | 6.29% | |||