Featured Savings Rates
Featured Accounts

Magnolia Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.75%Reward CheckingKasasa Cash
0.50%Reward SavingsKasasa Saver
1.25%5-year CD60 Month Share Certificate

Overview / Commentary
601-977-8300
240 Briarwood Dr
Jackson, MS 39206

Magnolia Federal Credit Union is headquartered in Jackson and is the 8th largest credit union in the state of Mississippi. It is also the 1,266th largest credit union in the nation. It was established in 1935 and as of September of 2016, it had grown to 70 employees and 23,091 members at 6 locations. Magnolia Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Magnolia Federal Credit Union is open to those who live, work, worship, or attend school in Mississippi's Hinds, Madison, Rankin, Simpson, Copiah, Leake, Yazoo, or Northern Scott Counties and immediate family of current members.
See current membership details

Related Posts

Magnolia FCU (MS) Has Philanthropic Kasasa Giving Checking - 4/19/2016

Magnolia FCU's (MS) Kasasa Giving Checking (3.50% APY up to $10k) donates 3ยข for every qualifying debit card swipe to one of Magnolia FCU's four featured charities.

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Health
A

Health Grade Components

Overall
NCUA #224
Year Chartered1935
Employees70
Primary Regulator
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD4.22%
Annual Interest Income$5.9MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$141.5MM$138.0MM
LoansQ3 2016vs Q3 2015$76.8MM$76.1MM
DepositsQ3 2016vs Q3 2015$119.1MM$117.2MM
Equity CapitalQ3 2016vs Q3 2015$19.0MM$19.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.9MM$934.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$1.2MM$1.4MM
Real Estate OwnedQ3 2016vs Q3 2015$49.00K$128.00K
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 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%*-$500Sprout Savings
OTHER TIERS: 0.10% $500+
0.50%--Kasasa Saver
0.50%--IRA Shares
0.50%--CESA Shares
0.10%$100-Share Savings
0.10%--Christmas Club
0.10%--Vacation Club

Magnolia Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$500k*-Money Market
OTHER TIERS: 0.10% $2,500 - $7,500 | 0.20% $7,500 - $20k | 0.30% $20k - $500k

Magnolia Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%*-$10kKasasa Giving
OTHER TIERS: 0.01% $10k+
2.75%*-$10kKasasa Cash
OTHER TIERS: 0.01% $10k+
0.10%$100-Share Draft Checking
0.10%$500-Choice Checking
0.00%--Free Kasasa Cash Back Checking

Magnolia Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%$100k-60 Month Jumbo Share Certificate
1.25%$1k-60 Month Share Certificate
1.15%$100k-48 Month Jumbo Share Certificate
1.05%$1k-48 Month Share Certificate
1.05%$100k-42 Month Jumbo Share Certificate
0.95%$1k-42 Month Share Certificate
0.85%$100k-36 Month Jumbo Share Certificate
0.75%$1k-36 Month Share Certificate
0.75%$100k-30 Month Jumbo Share Certificate
0.65%$1k-30 Month Share Certificate
0.65%$100k-24 Month Jumbo Share Certificate
0.55%$1k-24 Month Share Certificate
0.45%$100k-18 Month Jumbo Share Certificate
0.40%$100k-12 Month Jumbo Share Certificate
0.35%$1k-18 Month Share Certificate
0.30%$1k-12 Month Share Certificate
0.25%$100k-6 Month Jumbo Share Certificate
0.20%$100k-3 Month Jumbo Share Certificate
0.15%$1k-6 Month Share Certificate
0.10%$1k-3 Month Share Certificate

Magnolia Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%$100k-60 Month Jumbo IRA Certificate
1.25%$1k-60 Month IRA Certificate
1.15%$100k-48 Month Jumbo IRA Certificate
1.05%$1k-48 Month IRA Certificate
1.05%$100k-42 Month Jumbo IRA Certificate
0.95%$1k-42 Month IRA Certificate
0.85%$100k-36 Month Jumbo IRA Certificate
0.75%$1k-36 Month IRA Certificate
0.75%$100k-30 Month Jumbo IRA Certificate
0.65%$1k-30 Month IRA Certificate
0.65%$100k-24 Month Jumbo IRA Certificate
0.55%$1k-24 Month IRA Certificate
0.45%$100k-18 Month Jumbo IRA Certificate
0.40%$100k-12 Month Jumbo IRA Certificate
0.35%$1k-18 Month IRA Certificate
0.30%$1k-12 Month IRA Certificate
0.25%$100k-6 Month Jumbo IRA Certificate
0.20%$100k-3 Month Jumbo IRA Certificate
0.15%$1k-6 Month IRA Certificate
0.10%$1k-3 Month IRA Certificate
Locations


Magnolia Federal Credit Union Locations
Branch Office460 Briarwood DrJackson, MS 39206
Branch Office240 Briarwood DrJackson, MS 39206
Branch Office139 Plaza Drive ExtFlowood, MS 39232
Branch Office1500 E Woodrow Wilson AveJackson, MS 39216
Branch Office1770 Highway 51Madison, MS 39110
Branch Office803 E Fifteenth StYazoo City, MS 39194-7607