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Share Savings Account

Become a member

By opening this account, you'll become a full-fledged member of our credit union. 

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  • Expect more

    You should expect more from your financial institution. With us, you’ll get all the traditional account perks, plus unbeatable service.

    We pay competitive dividends on average balances over $100. Plus, as an official member, you’ll gain access to benefits like low-rate loans, fraud protection, discounted insurance, and more. All it takes is an easy $25 deposit.

    • Earn dividends on average daily balances of $100 or more
    • Stay secure with NCUA insurance up to $250,000
    • Enjoy free online banking, free eStatements, and a free ATM card
    • Open the account with just $25

     

  • Rates

    Rates

    Share Savings Account

    AccountMinimum Deposit To Open Minimum Daily Balance Required to Earn DividendsRateAPY
    Share Savings$25$1000.050% 0.05%

    The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For all accounts except certificates, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Board of Directors. Money Market accounts are tiered rate accounts. The Dividend Rate for a particular tier will apply to the entire account balance if the account balance is within the balance range for that tier. The Dividend Rates and Annual Percentage Yields are the prospective rates as of 4/14/2023. For Certificate Accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. For Certificate accounts, the Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
    APY = Annual Percentage Yield

  • Frequently Asked Questions

    Are there any fees associated with this account?
    The maintenance fee is only $1.00 as long as you sign up for eStatements. You can avoid the maintenance fee altogether by maintaining a $100.00 average aggregate account balance (includes all savings, checking, certificates, money market accounts, loans, etc.)

    HELP

    For more information or if you have a question, please get in touch with us.

    Contact Us

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Share Certificate Special

Invest in a Magnolia FCU 12-month Share Certificate with an impressive 5.00% APY! LEARN MORE