Does Magnifi Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, Magnifi Financial employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at Magnifi Financial. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Magnifi Financial?

77% of Magnifi Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Magnifi Financial 3.9 out of 5 for work life balance, 4.2 for culture and values and 3.9 for career opportunities.

What are the top reviewed jobs at Magnifi Financial?

Contact Center Representative (3) , Management (3) , Bank Teller (2) , Banking Consultant (2) , Specialist (2)

What are the cons of working at Magnifi Financial according to real employee reviews?

"Management is awful, will steal your ideas and make them their own, howSome managers became manager s is beyond logic." ((in 3 reviews))

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Magnifi Financial

Magnifi Financial Reviews

4.2

77% would recommend to a friend

(31 total reviews)

Chuck Friederichs

74% approve of CEO

69% positive business outlook

Ratings by category

4.2

Culture and values

4.1

Diversity and inclusion

3.9

Work/Life balance

3.9

Compensation and benefits

3.9

Career opportunities

3.7

Senior management

Magnifi Financial has an employee rating of 4.2 out of 5 stars, based on 31 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Magnifi Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

31 reviews

2.0

1 Apr 2026

Great work-life balance, but low pay and inefficiency

Specialist

Recommend

CEO approval

Business outlook

Pros

Work from home environment for back office staff promotes a great work life balance.

Cons

There is no accountability at any level of the organization and they openly admit to paying below market value. Incredibly inefficient and always looking for "gotcha" moments to gain an advantage amongst the staff. As a not for profit Credit Union, Senior Management seems to only care about the "For Profit" decisions.

5.0

20 Mar 2026

Great company

Specialist

Recommend

CEO approval

Business outlook

Pros

Great benefits and work life balance

Cons

Growth plan can be slow

5.0

22 Jan 2025

Great place to work

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Excellent culture that supports individual growth and development.

Cons

Can be to project focused, always looking for the next big thing

Viewing 1 - 3 of 31 Reviews

Jobs at Magnifi Financial

Commercial Banking Officer

Banking Consultant I (38-40 hours per week)

Banking Consultant I (30-36 hours per week)

Commercial Banking Officer

Assistant Branch Manager

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Magnifi Financial

Magnifi Financial Reviews

Ratings by category

Reviews by job title

Great work-life balance, but low pay and inefficiency

Great company

Great place to work

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