A long time ago, somebody discovered that carrying around all your money with you all the time was impractical and inconvenient, and checking was born. These days you have plenty of choices where you keep your checking account, but other institutions can't offer you the commitment to service and dedication to community that you get with Magnolia.

Totally Free Checking

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Checking that's free? Totally.

You have enough things to worry about in life. Your checking account shouldn't be one of them. Write as many checks as you want with no per check charges or monthly service fees.

Most financial institutions have such complicated fee structures that it seems like you need a Ph.D. in economics to understand. With this account, everything you need to know is in the name.

Checking that's totally free. The way it's supposed to be.

Summary
  • Unlimited check writing
  • Earn dividends on average daily balance of $500 or more
  • No monthly service charge
  • No per check charges
  • Free Online Banking
  • Free eStatements and online check images
  • Free Telephone Teller
  • Free MagMoney Visa® Debit Card*
  • Automatic overdraft transfers**
  • Direct Deposit available
  • NCUA insured

*Subject to credit approval.

**Federal Regulation D transaction limits apply

eStatement Rewards

Sign up for FREE eStatements and you also get:

  • Free initial box of personalized checks
  • Free Bill Pay Service
  • ATM fee refunds (up to $25)*

*To obtain the rebate for ATM surcharge fees:

  • Clearly print your name and MagFedCU account number on the back of the original ATM receipt. Photocopies will not be redeemed.
  • Mail the ATM receipt to: Magnolia FCU ATM Rebate Program, 240 Briarwood Drive, Jackson, MS 39206. The envelope must be postmarked within 60 days of the date printed on the ATM receipt.
  • The ATM surcharge fee printed on the receipt will be credited to the account within 30 days of the postmarked date.
  • If you have any questions about the ATM Rebate Program, please contact a MagFedCU member service representative at (601) 977-8300 or 1-800-997-7919.
Direct Deposit Rewards

Sign up for Direct Deposit of payroll, recurring government, social security, or retirement checks and you also get:

  • Free initial box of personalized checks
  • Free six months safe deposit box rental
  • Free traveler's checks