FARGO, N.D.–Magnifi Financial Credit Union has announced a new location in Fargo, North Dakota, marking its 26th location in the Upper Midwest.
The branch will be Magnifi’s second location in the Fargo/Moorhead area, with the first location on Main Avenue in Moorhead. The new location will be on Charles Way in the Centennial Neighborhood of Fargo and will be the largest credit union to serve the Fargo community.
“Magnifi is a leader in the financial industry, as Minnesota’s fifth largest credit union and one of the nation’s predominant commercial lending credit unions,” the credit union said. “Magnifi was established in 1939 to support members impacted by financial hardships during the Great Depression to help them borrow and save money. The credit union has grown to a $2.4 billion credit union united to service members and communities.”
“Magnifi has been in business for eighty-five years and has remained stable and strong. We recognize and appreciate the value of our members, employees, and communities as partners in the success of our organization. Magnifi is excited to
Expand its presence in the Fargo community. We are thankful for being part of our members’ lives in helping them achieve their financial goals,” said CEO Chuck Friederichs.
The new location is anticipated to open in late 2024/early 2025.