| Weiss Ratings |
Magnifi Financial Credit Union
Melrose, MN |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 7.50 | |||
| Liquidity Index | 2.60 | |||
| Profitability Index | 5.60 | |||
| Stability Index | 8.60 | |||
| Company Info |
Magnifi Financial Credit Union
Melrose, MN |
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| NCUA Charter Number | 4635 | |||
| Phone Number | (320) 256-3669 | |||
| Website | www.mymagnifi.org | |||
| Asset Quality |
Magnifi Financial Credit Union
Melrose, MN |
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| 1-Year Asset Growth | 10.58% | |||
| 5-Year Asset Growth | 16.25% | |||
| 5-Year Charge-Offs to Average Loans | 0.07% | |||
| Charge-Offs to Average Loans | 0.05% | |||
| Non-Performing Assets to Assets | 0.09% | |||
| Non-Performing Loans to Capital | 0.83% | |||
| Non-Performing Loans to Loans | 0.12% | |||
| Balance Sheet |
Magnifi Financial Credit Union
Melrose, MN |
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| Total Assets | 2.43B | |||
| Total Deposits | 1.94B | |||
| Capital and Reserves |
Magnifi Financial Credit Union
Melrose, MN |
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| Capital | 243.20M | |||
| Leverage Ratio | 11.14 | |||
| Loan Loss Reserves to Loans | 1.07% | |||
| Liquidity |
Magnifi Financial Credit Union
Melrose, MN |
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| Hot Money Ratio | 23.58% | |||
| Liquidity Ratio | 16.19% | |||
| Profitability |
Magnifi Financial Credit Union
Melrose, MN |
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| 5-Year Return on Average Assets | 1.00% | |||
| Net Income | 4.49M | |||
| Net Interest Spread | 3.15% | |||
| Operating Profit to Average Assets | 0.81% | |||
| Overhead Efficiency Ratio | 76.79% | |||
| Return on Assets | 0.75% | |||
| Return on Equity | 7.41% | |||