Credit union · NCUA insured
Magnifi Financial Savings Rates
Top CarrotMagnifi Financial’s best savings rate is 0.55% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Magnifi Financial’s savings rates compare
Compared with banks and credit unions near St. Cloud, MN, where Magnifi Financial has the most branches. $10,000, best rate first.
This credit union’s best
Magnifi Financial
0.55%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $55
Money Market
Top rate
BankVista
3.51%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $351
2nd-highest rate
Affinity Plus
3.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $350
Magnifi Financial savings score
81
Savings score
Higher than 54% of U.S. banks and credit unions
- $1,000 balance$1,0000.45%
- $10,000 balance$10,0000.55%
- $100,000 balance$100,0000.95%
- QualifiedQualified0.55%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Magnifi Financial ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market
0.55%APY
Opening deposit of $2,500.00 is required to open an account; that balance does not need to be maintained. No monthly fees or penalties. Can be used for overdraft protection on Magnifi Financial checking account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,499Dividends compound monthly. Rates subject to change without notice. | 0.50% | — | Dividends compound monthly. Rates subject to change without notice. |
| $2,500 – $9,999Dividends compound monthly. Rates subject to change without notice. | 0.50% | — | Dividends compound monthly. Rates subject to change without notice. |
| $10,000 – $24,999Dividends compound monthly. Rates subject to change without notice. | 0.55% | $55 | Dividends compound monthly. Rates subject to change without notice. |
| $25,000 – $49,999Dividends compound monthly. Rates subject to change without notice. | 0.65% | — | Dividends compound monthly. Rates subject to change without notice. |
| $50,000 – $99,999Dividends compound monthly. Rates subject to change without notice. | 0.85% | — | Dividends compound monthly. Rates subject to change without notice. |
| $100,000 – $149,999Dividends compound monthly. Rates subject to change without notice. | 0.95% | — | Dividends compound monthly. Rates subject to change without notice. |
| $150,000 and upDividends compound monthly. Rates subject to change without notice. | 1.15% | — | Dividends compound monthly. Rates subject to change without notice. |
Sources (2)
All captured Sep 18, 2026
Save the Change
0.45%APY
Debit card purchases are automatically rounded up to the next whole dollar amount and transferred from checking. Must enroll in Digital Services and eStatements to earn a higher dividend rate. No monthly fees or penalties. Withdraw funds at anytime without losing dividends. Can be used for overdraft protection.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMust enroll in Digital Services and eStatements to earn a higher dividend rate.Any balance | 0.45% | $45 | Must enroll in Digital Services and eStatements to earn a higher dividend rate. |
Sources (2)
All captured Sep 18, 2026
Savings
0.15%APY
No minimum balance or penalties. Can be used for overdraft protection on your Magnifi Financial checking account.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.15% | $15 |
Sources (2)
All captured Sep 18, 2026
Share
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.05% | $5 |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
My Goal Savings
1.40%APY
Allows creating a reserved fund geared towards a specific life event or goal. Create an automated deposit based on your budget and schedule. Monthly deposits must total $20 - $400. Maturity date is one year from open date with the ability to set the date earlier. Maximum deposit of $100.00 per week. Penalty for early withdrawal.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balancePenalty for early withdrawal. Maximum deposit of $100.00 per week. Monthly deposits must total $20 - $400.Any balance | 1.40% | $140 | Penalty for early withdrawal. Maximum deposit of $100.00 per week. Monthly deposits must total $20 - $400. |
Sources (2)
All captured Sep 18, 2026
Little Scholars & Boom! Savings
1.00%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 1.00% | $100 |
Sources (1)
- mymagnifi.org/rates/rates-savings.html · captured Sep 18, 2026
IRA Savings
0.20%APY
Traditional IRA, SEP IRA, Roth IRA, Simple IRA, Coverdell Education Savings Account. Figured daily, compounded monthly. Earnings may be tax-free if account requirements are met and withdrawals are used for appropriate account purpose. All IRA rules apply. No monthly or yearly service charge or fees.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $2,499 | 0.15% | — |
| $2,500 – $9,999 | 0.15% | — |
| $10,000 – $24,999 | 0.20% | $20 |
| $25,000 – $49,999 | 0.25% | — |
| $50,000 – $99,999 | 0.30% | — |
| $100,000 – $149,999 | 0.35% | — |
| $150,000 and up | 0.40% | — |
Sources (2)
All captured Sep 18, 2026
Who can join Magnifi Financial
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, worship, volunteer, attend school, or conduct business in, and businesses and other legal entities in, specified counties across Minnesota, North Dakota, and Wisconsin.
Membership information collected October 4, 2026.