Share Certificates

The formula for saving money is simple — put your money where it'll earn a good rate of return, then let it do what it does best. If you've ever flipped past one of the financial networks between an old movie and a sitcom rerun, you've probably noticed — dividend rates change.

For a limited time, Magnolia FCU is offering a superb rate on Share Certificates.  Stop by a branch today or email to secure your new Share Certificate.

1.75% APY* for 12 months
2.50% APY* for 36 months

*APY = Annual Percentage Yield, rates available as of 10/22/2018, no minimum balance required to receive the APY, no minimum amount to open, a penalty may be imposed for early withdrawal. After the initial term, the certificate will automatically renew as a standard, 12 month Share Certificate at the rate available at the time of maturity.

The best way to make that formula work is to put your money into a Share Certificate where you can earn a fixed rate of return with no surprises or rate changes. Stop by a branch or email to get started!

  • Fixed rates, higher than regular savings
  • Receive higher rates by selecting a longer term
  • Receive a 0.25% APY Relationship Bonus Rate with any MagFedCU active checking account or Visa Credit Card, or a loan or line-of-credit of $5,000 or more!
  • Provides more guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 3 months to 5 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty*
  • $1,000 minimum deposit to open

*Early withdrawals: for certificates with a term of one year or less, the amount of the early withdrawal penalty is 30 days dividends calculated on the amount withdrawn. For certificates with a term of more than one year, the amount of the early withdrawal penalty is 90 days dividends calculated on the amount withdrawn.