MAGNIFI FINANCIAL
Charter #68604 | MN
1B-3B
(304 CUs)
Mid-Market
($1B-$5B)
(380 CUs)
6 1B-3B in MN
MAGNIFI FINANCIAL has 9 strengths but faces 6 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Relationship Depth Leader: Top 0.8% in tier
- + Wallet Share Momentum: Top 3.6% in tier
- + Loan-to-Member Ratio (LMR): Top 1.3% in tier
- + First Mortgage Concentration (%): Top 1.6% in tier
- + Average Member Relationship (AMR): Top 2.0% in tier
- + Total Loans: Top 5.9% in tier
- + Loan Growth Rate: Top 6.6% in tier
- + AMR Growth Rate: Top 7.6% in tier
- + Fee Income Per Member: Top 8.2% in tier
Key Concerns
Areas that may need attention
- - Growth-at-Risk: Bottom 1.1% in tier
- - Liquidity Strain: Bottom 3.6% in tier
- - Credit Quality Pressure: Bottom 5.2% in tier
- - ROA 0.14% below tier average
- - Efficiency ratio 2.01% above tier (higher cost structure)
- - Members Per Employee (MPE): Bottom 1.6% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
84,930
-0.3% YoY+0.2% QoQ
|
-13.7K |
98,678
-1.9% YoY
|
26,738
+5.8% YoY
|
33,089
+6.1% YoY
|
46th in tier |
| Assets |
$2.6B
+3.2% YoY+2.5% QoQ
|
+$854.2M |
$1.7B
+0.5% YoY
|
$521.2M
+7.2% YoY
|
$547.7M
+7.8% YoY
|
Top 11.8% in tier |
| Loans |
$2.1B
+15.2% YoY+4.9% QoQ
|
+$886.2M |
$1.2B
+0.5% YoY
|
$373.7M
+9.3% YoY
|
$388.7M
+8.6% YoY
|
Top 6.2% in tier |
| Deposits |
$2.1B
+5.4% YoY+1.6% QoQ
|
+$677.1M |
$1.5B
+1.3% YoY
|
$429.0M
+9.5% YoY
|
$464.6M
+9.3% YoY
|
Top 13.8% in tier |
| ROA |
0.6%
+67.7% YoY-11.7% QoQ
|
-0.1% |
0.7%
+13.4% YoY
|
1.4%
-35.4% YoY
|
0.7%
+273.4% YoY
|
40th in tier |
| NIM |
3.0%
+17.6% YoY+3.9% QoQ
|
-0.2% |
3.3%
+9.3% YoY
|
3.7%
+9.1% YoY
|
3.7%
+5.0% YoY
|
29th in tier |
| Efficiency Ratio |
76.0%
-3.3% YoY-2.2% QoQ
|
+2.0% |
74.0%
-10.9% YoY
|
74.2%
-2.5% YoY
|
79.1%
-3.3% YoY
|
59th in tier |
| Delinquency Rate |
0.5%
+301.7% YoY+0.6% QoQ
|
-0.4 |
0.8%
+6.1% YoY
|
0.9%
+10.7% YoY
|
1.2%
-0.9% YoY
|
28th in tier |
| Loan To Share |
99.4%
+9.3% YoY+3.3% QoQ
|
+14.2% |
85.2%
-0.8% YoY
|
77.1%
-1.5% YoY
|
68.0%
-1.7% YoY
|
Top 15.8% in tier |
| AMR |
$50,050
+10.4% YoY+3.0% QoQ
|
+$21K |
$29,172
+2.8% YoY
|
$23,275
+3.9% YoY
|
$19,418
+1.3% YoY
|
Top 2.3% in tier |
| CD Concentration |
36.6%
-0.6% YoY-0.8% QoQ
|
+7.6% |
29.0%
+0.8% YoY
|
22.0%
+1.9% YoY
|
19.6%
+6.2% YoY
|
Top 17.9% in tier |
| Indirect Auto % |
8.8%
+67.7% YoY+33.9% QoQ
|
-10.0% |
18.8%
-2.8% YoY
|
6.6%
-8.5% YoY
|
7.9%
-2.9% YoY
|
32nd in tier |
Signature Analysis
Strengths (2)
Relationship Depth Leader
growth
#7 of 264 • Top 0.8% in tier
Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Why This Signature
AMR Growth (YoY):
10.41%
(Tier:
3.04%, National:
4.19%)
Share Draft per Member:
$5.3K
(Tier: $3.1K, National: $2.0K)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank improving
Wallet Share Momentum
growth
#27 of 264 • Top 3.6% in tier
Average member relationship growing year-over-year. Members are deepening their engagement.
Why This Signature
AMR Growth (YoY):
10.41%
(Tier:
3.04%, National:
4.19%)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank improving
Concerns (3)
Growth-at-Risk
risk
#7 of 161 • Bottom 1.1% in tier
Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.
Why This Signature
Loan Growth (YoY):
15.16%
(Tier:
6.14%, National:
36.38%)
Delinquency Change (YoY):
0.35% points
(Tier:
0.07% points, National:
0.07% points)
161 of 380 Mid-Market CUs have this signature
| 646 nationally
↓ Shrinking
-30 CUs YoY
|
Rank improving
Liquidity Strain
risk
#20 of 183 • Bottom 3.6% in tier
Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.
Why This Signature
Loan-to-Share Ratio:
99.43%
(Tier:
86.35%, National:
67.96%)
Loan Growth (YoY):
15.16%
(Tier:
6.14%, National:
36.38%)
183 of 380 Mid-Market CUs have this signature
| 484 nationally
↑ Growing
+10 CUs YoY
|
Rank improving
Credit Quality Pressure
risk
#41 of 217 • Bottom 5.2% in tier
Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.
Why This Signature
Delinquency Change (YoY):
0.35% points
(Tier:
0.07% points, National:
0.07% points)
217 of 380 Mid-Market CUs have this signature
| 1002 nationally
↓ Shrinking
-70 CUs YoY
|
Rank improving
Metric Rankings
See how this credit union ranks across all tracked metrics compared to peers.
Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)
Top Strengths (10 metrics)
5
Loan-to-Member Ratio (LMR)
engagement
Value:
$24,953
Peer Avg: $13,213
#5 of 304
Top 1.3% in 1B-3B tier
6
First Mortgage Concentration (%)
balance_sheet
Value:
9.49%
Peer Avg: 34.01%
#6 of 304
Top 1.6% in 1B-3B tier
7
Average Member Relationship (AMR)
engagement
Value:
$50,050
Peer Avg: $29,172
#7 of 304
Top 2.0% in 1B-3B tier
19
Total Loans
balance_sheet
Value:
$2.12B
Peer Avg: $1.23B
#19 of 304
Top 5.9% in 1B-3B tier
21
Loan Growth Rate
growth
Value:
15.16%
Peer Avg: 5.27%
#21 of 304
Top 6.6% in 1B-3B tier
24
AMR Growth Rate
growth
Value:
10.41%
Peer Avg: 3.29%
#24 of 304
Top 7.6% in 1B-3B tier
26
Fee Income Per Member
profitability
Value:
$315.83
Peer Avg: $210.52
#26 of 304
Top 8.2% in 1B-3B tier
36
Total Assets
balance_sheet
Value:
$2.57B
Peer Avg: $1.72B
#36 of 304
Top 11.5% in 1B-3B tier
42
Total Deposits
balance_sheet
Value:
$2.13B
Peer Avg: $1.45B
#42 of 304
Top 13.5% in 1B-3B tier
48
Loan-to-Share Ratio
balance_sheet
Value:
99.43%
Peer Avg: 85.19%
#48 of 304
Top 15.5% in 1B-3B tier
Top Weaknesses (2 metrics)
300
Members Per Employee (MPE)
engagement
Value:
202.214
Peer Avg: 364.953
#300 of 304
Bottom 1.6% in 1B-3B tier
257
Share Certificate Concentration (%)
balance_sheet
Value:
36.57%
Peer Avg: 28.53%
#257 of 304
Bottom 15.8% in 1B-3B tier