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Magnolia Federal Credit Union


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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

Savings Rates

Please note that published rates are Effective September 1, 2008.

Use our Savings Calculator to figure out your best investment.

AccountsAnnual RateAnnual Yield
Share Savings 11.045%1.05%
Share Draft Checking 20.995%1.00%
Christmas Club0.747%0.75%
Vacation Club0.747%0.75%
IRA Shares1.490%1.50%
Money Market $500,000+ 31.982%2.00%
Money Market $20,000 - 499,999.99 31.785%1.80%
Money Market $7,500 - 19,999.99 31.539%1.55%
Money Market $2,500 - 7,499.99 31.292%1.30%
1 average daily balance over $100.00 required
2 average daily balance over $500.00 required
3 average daily balance over minimum balance required

Share Certificate Rates

Please note that $1,000 minimum balance is required.

AccountsAnnual RateAnnual Yield
3 Months2.472%2.50%
6 Months2.960%3.00%
12 Months3.008%3.05%
18 Months3.057%3.10%
24 Months3.203%3.25%
30 Months3.348%3.40%
36 Months3.397%3.45%
42 Months3.445%3.50%
48 Months3.542%3.60%
60 Months3.687%3.75%

Jumbo Share Certificate Rates

The Jumbo Share Certificate Annual Percentage Yield is above Share Certificate APY by 0.10%. Please note that $100,000 minimum balance is required.


Rates expressed as Annual Percentage Yield. All rates, terms, fees and processing charges are subject to change without notice. For further information about applicable fees and terms, please contact the credit union by email at info@magfedcu.org or by phone at (601) 977-8300 or 1-800-997-7919.