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Share Savings Account

Don't be fooled by the name, folks. The "share" in Share Savings means we share with you! When you open a Share Savings Account, you're opening a savings account that earns dividends, and also purchasing a piece of Magnolia FCU.

That's right, you're a shareholder, with all the privileges and benefits that come with it. Open an account today and start building your savings!

Summary
  • Your first step to ownership of Magnolia FCU
  • Earn competitive dividends on amounts of $100 average daily balance or more
  • Credited monthly
  • $1.00 monthly maintenance fee with eStatement sign-up
  • Avoid the account maintenance fee altogether by maintaining a $100.00 average aggregate account balance (includes all savings, checking, Certificates, Money Market Accounts, loans, etc.)
  • $25 minimum balance
  • Free Online Banking
  • Free eStatements
  • Free 24-Hour Telephone Banking
  • Free ATM Card
  • Payroll deduction available
  • Direct Deposit available
  • NCUA insured
  • $25 minimum deposit to open account