Magnolia Bank, Incorporated


Popular Accounts at this Bank

APYACCOUNT TYPEHOW THEY COMPARE
1.35%2-year CD
2.70%18-month CD
2.70%18-month IRA
View all Magnolia Bank, Incorporated rates »

Overview / Commentary
270-358-3111
794 Old Elizabethtown Rd.
Hodgenville, KY 42748

Magnolia Bank, Incorporated is headquartered in Magnolia and is the 63rd largest bank in the state of Kentucky. It is also the 2,599th largest bank in the nation. It was established in 1919 and as of September of 2018, it had grown to 300 employees at 6 locations. Magnolia Bank, Incorporated's CD rates are 2X the national average, and it boasts an A+ health rating.

Related Posts

Magnolia Bank (KY) Boosts 18- And 24-Month CD Rates - 12/26/2017

Magnolia Bank (KY) has raised the rates on its 18-month CD (2.05% APY) and 24-month CD (2.30% APY). Minimum deposit is $500. Also available as IRAs.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #8120
Year Established1919
Employees300
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD14.27%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$235.9MM$210.3MM
LoansQ3 2018vs Q3 2017$190.1MM$158.9MM
DepositsQ3 2018vs Q3 2017$200.0MM$178.4MM
Equity CapitalQ3 2018vs Q3 2017$24.7MM$24.0MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.3MM$1.5MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$670.00K$209.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Magnolia Bank, Incorporated Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Young Savings Account
0.20%*$50k*-Statement Savings Account
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $50k

Magnolia Bank, Incorporated Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$250k*-Magnolia Money Market Account
OTHER TIERS: 0.10% $2.5k - $50k | 0.15% $50k - $100k | 0.25% $100k - $250k
0.75%*$250k*-Business Money Market Account
OTHER TIERS: 0.10% $2.5k - $50k | 0.15% $50k - $100k | 0.25% $100k - $250k

Magnolia Bank, Incorporated Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$10k-Business Sweep Checking
0.10%--Interest Checking
0.10%$10k-Business Pro Checking
0.05%$10k-Business Plus Checking

Magnolia Bank, Incorporated CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.70%$500-18 Month CD
1.95%$500-12 Month CD
1.45%$500-36 Month CD
1.45%$500-48 Month CD
1.45%$500-60 Month CD
1.35%$500-24 Month CD
1.00%$100-1 Year Student Saver CD
0.50%$500-6 Month CD

Magnolia Bank, Incorporated IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.70%$100-18 Month IRA
1.95%$100-12 Month IRA
1.45%$100-36 Month IRA
1.45%$100-48 Month IRA
1.45%$100-60 Month IRA
1.35%$100-24 Month IRA
0.50%$500-6 Month IRA
Locations


Magnolia Bank, Incorporated Locations
Parkway Plaza Branch106 Lincoln DriveHodgenville, KY 42748
Magnolia Bank, Incorporated4910 South L And N TurnpikeMagnolia, KY 42757
Elizabethtown Branch651 West Dixie AvenueElizabethtown, KY 42701
Hodgenville Branch794 Old Elizabethtown RoadHodgenville, KY 42748

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