banking consultant

branch manager

credit analyst

bank officer

vendor manager

Magnifi Financial

I've worked in the branch and in the Contact Center as a Personal Banker. Both have great opportunities to learn and grow and having fun at work is a top priority!! I felt that the Contact Center environment had a little more opportunities to be involved in the new and exciting things coming down the pipeline before anyone else knows. The leadership in the Contact Center likes a collaborative environment and you get to be involved in projects and work groups where your input and ideas are respected. If you have a goal to develope yourself, management will work with you and present you with opportunities and allow you the freedom to run with your own ideas. I feel I was well compensated in my role and the benefits are also great! More health insurance options would be beneficial. Work/life balance is important to leadership so if you need time off, the PTO is generous.

The Operations department is awful. It's the same in most departments, but especially true in Operations. You will be required to do the work for other teams because they're not equipped to handle the work load in all areas. Management cannot or will not hire adequate staff, so if 1 person quits or wants a day off, it's chaos. It also makes it impossible for supervisors/middle management to look for efficiencies because there's constant fires to put out. Upper management in Operations is especially toxic and only cares about the perception of 'failing' and looking bad. They don't care how it's affecting you. There's so much more I could say but HR will do nothing about it. No matter how much turnover there is. I just hope I can save a person from getting into this terrible work environment. 

I was a Banking Consultant for Magnifi. I was in a slower branch so I was always bored. Most members were older so they always went to the other BC's that had been there long-term. Which meant no one really ever came to me for transations. That's fine if I were given projects but there weren't any. We also weren't allowed to sit because that's considered 'lazy'?! The worst part was the fact that you were only scheduled 36 hours a week. So you always had to shorten your lunch breaks in order to get at least 38 hours a week. Also - never leave if you think you might come back. I quit and tried for over a year to get back in. It's like a cult, don't waste your time. Mind you, I put in more work than all of the (career long) BC's. It's like everyone was OK doing the bare minimum.

Central Minnesota Credit Union has the best atmosphere of any job I've worked at. All colleagues are extremely friendly and helpful, and management cares about your professional development. I had never worked at a financial institution before, so they took the time to teach and mentor me and grow my skills to a point where I am no longer at an entry-level position. Pay is competitive with other financial institutions', and they also factor in the cost of living in your area when calculating your compensation. Decent benefits and PTO plans make it so I never want to leave!

I learned so much in my time at CMCU, about money management, savings plans, mortgage and personal loan information, 401K and HSA... They have countless online learning opportunities (and in person, when that was still a thing) that will help you climb the career ladder. My manager was a good listener but did not have the time to work the the site supervisor and develop them, which would have helped the location and staff immensely. If you have the motivation, and patience and strive to meet your goals, you could go far. 

The credit union has a good overall mission for its members and employees. However, I was disappointed by my branch’s management. A combination of micromanaging, favoritism, and nitpicking on employees make the job less desirable. Manager would say things such as “there’s some negative comments about you” and make you defend such comments without wanting to hear your side of the story. This created a very toxic work environment. If you are apply to this company, pay attention to the interview and stay away from the toxic branches. 

Lower Level staff are the heart of the company, great benefits, decent hours worked, but Horrible Management, never given time off for family emergencies or sickness without jumping through hoops, very rude managers and upper level staff to lower level staff, heavy workload with little to no training, also hard to get a hold of upper level management without going through many different levels

There is nothing in place that supports work life balance.  Paid time off is below average for those who have been there 10 years or less.  No sick leave.  Use of FMLA or maternity leave requires vacation time to be used.  No paid maternity.  Those with young families use their time off to care for sick children and are left with very little for leisure.  Many come to work sick as they cannot afford to use their vacation.  Flexible scheduling is frowned upon.

Like anywhere else, there are good and bad elements, but if you are willing to put in the work, you will be compensated for it. Plenty of opportunities to show your talents in different areas, but you have to speak up in order to get them. Reach out for help to different branches/departments, people are willing to help.

The hardest part of this job was that the manager was allowed to lie about employees and cause a hostile environment and the employees were not allowed to voice their opinions on such matters. "If you don't like it you can turn in your 2 weeks" is a response given when trying to voice the situation between the employees and the manager. 

Top Job Titles	Average Salary
Banking consultant 73 salaries reported	$22.10 per hour
Branch manager 10 salaries reported	$72,370 per year
Credit analyst 4 salaries reported	$66,338 per year
Bank officer 2 salaries reported	$117,522 per year
Vendor manager 2 salaries reported	$29.91 per hour

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