All your financing needs...with a touch of Southern hospitality.

About Us

Magnolia Federal Credit Union is a multi-million dollar, full-service financial institution offering a full array of financial products and services to its members. We are a not-for-profit financial cooperative whereby earnings are returned to members in the form of reduced fees, lower interest rates on loans, and higher returns on savings.


Mission Statement

Sharing resources for the financial success of member-owners.


Membership Eligibility

Membership is limited to persons who live, work, worship, or attend school in Hinds, Madison, Rankin, Simpson, Copiah, Leake or Northern Scott County in Mississippi; employees of this credit union; volunteers in the community; members of the immediate family or household of members of this credit union; and organizations of such persons.


Lifetime Membership

"Once a member, always a member" is a basic philosophy of credit union membership. Keeping your account active and maintaining a required minimum balance in your savings account is all it takes to remain a member for life.


Family Membership

Once you become a member, your family members are eligible to join, too. Your spouse, parents, brothers, sisters, grandparents, children, even grandchildren are all eligible to join Magnolia Federal Credit Union and take advantage of all the benefits of credit union membership regardless of where they live, work, worship, or attend school.


Safe & Sound

As a member of the Magnolia Federal Credit Union, your funds are insured by the National Credit Union Administration (NCUA). Annually, federal examiners and auditors examine the credit union's financial status and compliance with existing laws that govern Federal Credit Unions.


For specific information about Magnolia Federal Credit Union's current financial condition, please visit the National Credit Union Administration's website and click on the "Data and Services" tab at the top right of the page then click on "Find a Credit Union." You will be able to access Magnolia's financials by typing in Charter Number 224 or the word "Magnolia" in the search form. Click here for a direct link to the "Find a Credit Union" web page.