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Magnolia Federal Credit Union


News

Free Auto Buying Workshop

Planning to buy a car?
Find out how to save money and remain in control of your car deal.
Join us for an information session
Thursday, October 9, 2008
at 5:30 p.m.

Board Room, Main Office on Briarwood Drive

Space is limited.
Register today by calling (601) 977-8300 or email:
education@magfedcu.org.


Vishing Alert

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


www.magfedcu.org has a new look! We hope you'll enjoy the improved speed and ease of navigation. We welcome your comments at info@magfedcu.org

Investments

Magnolia FCU is proud to offer investment options that protect your hard earned dollars while paying you a competitive rate of return.

Money Market Accounts

Get the most for your money with a MagFedCU Money Market Account. You’ll get a combination of higher interest rates, security of insured funds, easy access and liquidity. A minimum deposit of $2,500 is required and interest rates are tiered, based on the average daily balance. Withdrawal limitations apply. 

Share Certificates

Receive a higher dividend rate by agreeing to leave your funds on deposit for terms from 3 to 60 months. A minimum deposit of $1,000 is required. Early withdrawal penalties apply.

Individual Retirement Accounts

Millions of American workers are using IRAs to reduce taxes and build a more secure financial future. MagFedCU offers Traditional & Roth IRAs along with Coverdell Education Savings Accounts (formerly Education IRAs). IRA Share Certificates are also available.

MEMBERS Financial Services

   Members Financial Network

MEMBERS Financial Services is a program made available by your credit union to bring you convenient access to an expanded range of financial products and services. Call 1-877-MEMBERS to find out more about: 

  • Financial Management Services - financial planning
  • Investment Opportunities:
    • Mutual Funds
    • IRAs and TSAs
    • Stocks and Bonds
    • Variable Annuities
    • Variable Universal Life
  • Brokerage and Online Financial Services
  • Life and Accident Insurance
  • Auto and Homeowners Insurance