Skip nav to main content.

Share Certificates

A better deal on your savings

This account offers stellar rates on longer terms. 

Open Yours Now
  • 12 months – 5.00% APY*

    Invest Smarter. Invest with confidence. Invest in excellence.

    Now is the perfect time to invest in a Magnolia FCU 12-month Share Certificate with an impressive 5.00% APY!* This limited-time Share Certificate offer ensures your hard-earned money works for you, while providing the security you expect.

     

    Open Yours Now

    • 5.00% APY* for 12 months
    • Special bonus rates available when you have a Mag Fed loan, credit card, or checking account
    • Provides more guarantee than other investments

     

    APY*=Annual Percentage Yield. This APY is an annualized rate that reflects estimated earnings based on the dividend rate and frequency of compounding. Rates available as of 11/13/2023, minimum balance of $500 required to open and obtain advertised APY. Funds currently on deposit with Magnolia FCU are not eligible for this offer. Penalty may be imposed for early withdrawal. After the initial term, certificate will automatically renew as a standard 12-month Share Certificate at the rate available at the time of maturity.

     

  • Rates

    Rates

    Share Certificates

    Term Minimum Balance Required Rate APY
    3 Months $1,000 0.300% 0.30%
    6 Months $1,000 0.600% 0.60%
    12 Months $1,000 1.000%1.00%
    18 Months $1,000 1.050%1.06%
    24 Months $1,000 1.100%1.11%
    30 Months $1,000 1.250% 1.26%
    36 Months $1,000 1.500% 1.51%
    42 Months $1,000 1.500%1.51%
    48 Months $1,000 1.600% 1.61%
    60 Months $1,000 1.700% 1.71%

    APY*=Annual Percentage Yield. This APY is an annualized rate that reflects estimated earnings based on the dividend rate and frequency of compounding. Rates available as of 11/13/2023, minimum balance of $1000 required to open and obtain advertised APY. Penalty may be imposed for early withdrawal. Upon expiration of the initial term, the certificate will automatically renew for the same term at the dividend rate in effect at that time, unless notice for alternate disposition is received by the credit union within the required period as defined below.

    The share certificate account will automatically renew at the close of business on the maturity date or on the maturity date of any renewal term, unless:
    1) The certificate is withdrawn or transferred on the date of maturity.
    2) Unless, at least ten (10) business days prior to a scheduled renewal date, the credit union gives written notice that this certificate will not be renewed.

    In such latter event, the certificate will be transferred to the regular share account of the owner upon maturity and earn dividends at the rate then pain on regular share accounts.

    12-month Share Certificate Special Offer:

    APY*=Annual Percentage Yield. This APY is an annualized rate that reflects estimated earnings based on the dividend rate and frequency of compounding. Rates available as of 11/13/2023, minimum balance of $500 required to open and obtain advertised APY. Penalty may be imposed for early withdrawal. After the initial term, certificate will automatically renew as a standard 12-month Share Certificate at the rate available at the time of maturity.

Open your Share Certificate online

Did you know you can open your Share Certificate right here online? Save a trip and start saving.

Open Yours Now

Share Certificate Special

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