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...
Loan Rates
Please note that published rates are Effective September 1, 2008.
For updated information, please contact the Credit Union at (601) 977-8300 or 1-800-997-7919.
Loan Calculator
Use our Loan Calculator to figure out your best loan option.
All rates, terms, fees and processing charges are subject to change without notice. Fees apply to all types of accounts.
All loans are subject to credit approval. Some restrictions may apply.
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Have your Net Pay Check automatically deposited into your Magnolia Federal Credit Union account for a 0.25% APR reduction on your vehicle or personal loan! To apply login to "Online Banking" site at the top of the page. This is a limited lime offer and may be discontinued at any time without notice. |
New and Used Automobiles, Motor Homes and RVs*
| Term | Daily Periodic Rate | Annual Percentage Rate |
| Up to 72 months | 0.014384% - 0.040411% | 5.25% - 14.75% |
No Credit Check Signature Loan
| Daily Periodic Rate | Annual Percentage Rate |
| 0.049315% | 18.00% |
Unsecured Loans*
Signature, Appliances, Overdraft Protection and Line of Credit
| Daily Periodic Rate | Annual Percentage Rate |
| 0.029452% - 0.048630% | 10.75% - 17.75% |
2nd Mortgage*
(rate based on loan term and loan to value)
| Daily Periodic Rate | Annual Percentage Rate |
| 0.013699% - 0.028767% | 5.00% - 10.50% |
VISA
| Daily Rate | Annual Rate | |
| VISA Platinum* | Call Credit Union for Current Rates | Call Credit Union for Current Rates |
| VISA | 0.038356% | 14.00% |
Other Loans
| Share Savings Secured | 3% above Share Savings rate |
| Share Certificate Secured | 3% above Share Certificate rate |
| Home Equity Line of Credit | Call Credit Union for current rates |
| 1st Mortgage | Call Credit Union for current rates |
| 1st Mortgage Rental | Call Credit Union for current rates |
*Performance Based: The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness. Please ask for the rate that you will qualify for.

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