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Magnolia Federal Credit Union


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CreditAbility Workshop

When it comes to your credit, do you know the score?

Learn about credit, credit reports, credit scores and your rights and responsibilities at a free CreditAbility Workshop.

Thursday, May 22, 2008 at 5:30 p.m.
Magnolia FCU Board Room
240 Briarwood Drive, Jackson

Please register by calling
601-977-8300 or email
education@magfedcu.org


Vishing Alert

Credit Unions members are falling victim to “vishing” attempts. Read more...


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Magnolia Federal Credit Union

Effective August 1, 2007


Operational Fees
Account Maintenance
       With eStatements
      (aggregate loan and share balance below $100, waived for new accounts
      MagFCU Student Loan, and members with MagFCU Visa Credit Card)

Deposit Non-sufficient Funds/Courtesy Pay
       Item
       - overdraws account
       - loan payment
Non-sufficient Funds/Courtesy Pay
      ACH Debit
      Originating ACH Item Return
Wire Transfer
      Outgoing Wire
      International Wire
Western Union
      Within U.S.
      International $500 or less
      International over $500
Money Order
      With eStatements
Corporate Check ($1,000 minimum)
International Item Processing
Christmas Club Withdrawal
$2.00 / month
$1.00 / month



$10.00
$30.00
$30.00

$30.00
$30.00

$20.00
$30.00

$20.00
$30.00
$20.00 + 3%
$3.00
$1.00
$5.00
$10.00
$10.00
Vacation Club Withdrawal
      (in excess of two per year)
Cash Withdrawal ($25.00 minimum)
      (in excess of two per month)
Cashier's Check
Statement Copy / Interim Statement
Inactive Account
      (Less than $100 with no transactions for one year)
Merchant Check Collection
Draft Collection
Return Mail
Forwarding Mail Notice
Long Distance Fax
Research ($25.00 minimum)
Unable to Locate
      (unable to locate member for one year)
Closed Account Within 90 Days
Reopen Account Within 6 Months
Traveler's Checks
      Regular
      "For Two"
      With direct deposit
Visa Gift Cards
      With eStatements
Affidavit Processing
Garnishment / Levy Processing
Corporate Check Stop Payment
      (request must be made within 5 days if sent intrastate
    and within 10 days if sent interstate)
$10.00

$5.00

$10.00
$5.00
$10.00 / month

$10.00
$15.00
$5.00
$2.00
$1.00 / page
$25.00 / quarter hour
Account Balance

$15.00
$15.00

$1.00 / 100
$1.75 / 100
Free
$4.00
$2.00
$5.00
$50.00
$25.00
Loan Fees
VISA Non-sufficient Funds / Courtesy Pay Payment
VISA Over Limit
VISA Late Payment
VISA Emergency Credit Limit Increase
VISA Lost / Stolen Card Replacement
    Rush
VISA Statement Copy
Late Payment (except VISA and Real Estate)
    after 15 day grace period
$30.00
$20.00
$30.00
$10.00
$20.00
$50.00
$5.00
5% of payment
Share Draft Checking Fees
Overdraft Transfer ($100 increments)
Non-sufficient Funds / Courtesy Pay Item
Stop Payment Draft / ACH
Statement Reconciliation ($25.00 minimum)
Share Draft Copy
Counter Checks
Manual Share Draft Posting
Share Draft Imprinting
$1.00
$30.00
$30.00
$25.00 / quarter hour
$5.00
$4.00 / sheet
$1.00 each
prices vary
Money Market Account Fees
Below Min. Service Charge
Non-sufficient Funds Item
Stop Payment Draft / ACH
Statement Reconciliation($25.00 minimum)
Share Draft Copy
Share Draft Imprinting
$10.00 / month
$30.00
$30.00
$25.00 / quarter hour
$5.00
Free
ATM/Visa Debit Card Fees
Foreign ATM Withdrawal
      (waived for members age 55 and over)
PIN Replacement
Non-sufficient Funds/Courtesy Pay
      Withdrawal
Card Abuse "Hot Card"
ATM Card Replacement
Visa Debit Card Replacement
      Rush
Visa Debit Card Draft Copy
      (waived if signature is found to be fraudulent)
$1.00
$5.00

$30.00
$20.00
$10.00
$20.00
$50.00
$5.00
Total Acce$$ Bill Pay Fees
Monthly Service (unlimited bills paid)
      With eStatements
$5.95
FREE
Electronic Tax Filing Fees
Federal
Federal & State
$25.00
$30.00
Safe Deposit Box Fees
Annual Rental:
   3 x 5
   3 x 10
   5 x 10
   10 x 10
Key Replacement:
   1 Key
   2 Keys
$20.00
$30.00
$45.00
$60.00

$10.00 plus repair fee
$20.00 plus repair fee