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...
Savings Rates
Please note that published rates are Effective September 1, 2008.
Use our Savings Calculator to figure out your best investment.
| Accounts | Annual Rate | Annual Yield |
| Share Savings 1 | 1.045% | 1.05% |
| Share Draft Checking 2 | 0.995% | 1.00% |
| Christmas Club | 0.747% | 0.75% |
| Vacation Club | 0.747% | 0.75% |
| IRA Shares | 1.490% | 1.50% |
| Money Market $500,000+ 3 | 1.982% | 2.00% |
| Money Market $20,000 - 499,999.99 3 | 1.785% | 1.80% |
| Money Market $7,500 - 19,999.99 3 | 1.539% | 1.55% |
| Money Market $2,500 - 7,499.99 3 | 1.292% | 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.
| Accounts | Annual Rate | Annual Yield |
| 3 Months | 2.472% | 2.50% |
| 6 Months | 2.960% | 3.00% |
| 12 Months | 3.008% | 3.05% |
| 18 Months | 3.057% | 3.10% |
| 24 Months | 3.203% | 3.25% |
| 30 Months | 3.348% | 3.40% |
| 36 Months | 3.397% | 3.45% |
| 42 Months | 3.445% | 3.50% |
| 48 Months | 3.542% | 3.60% |
| 60 Months | 3.687% | 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.
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