Started by a group of employees of the Veterans Bureau in Jackson, MS who wanted to help those in need during the Great Depression, Magnolia Federal Credit Union has grown into a full-service financial institution focused on its dedication to businesses, families, and individuals.
Today, Magnolia proudly helps businesses and their employees thrive by providing outstanding service and stellar value. As a not-for-profit, member-owned financial cooperative, Magnolia returns our earnings to our business and employee members through reduced fees, better technology, lower loan rates, and higher returns on savings so that we can be your team’s financial institution of choice. Our top priority will always be on the success and well-being of you, your business, and your employees.
Plus, with Magnolia, you can rest assured you are partnering with a strong, secure credit union backed by the National Credit Union Administration, which insures all funds on deposits up to $250,000 per member.
Deliver powerful earnings for your employees’ goals.
Put the life they want to live in reach.
Keep their money right where it belongs.
Keeps them on the move and on track.
Shares benefits with loved ones for life.