Since its inception in 1935 the Magnolia Federal Credit Union has been serving its members in and around the Jackson, Mississippi area with exceptional financial products.
Currently led by Stephen E Pollman, Jr., the Magnolia FCU has grown its membership to over 13,881 with assets of more than $97,922,377. They have 37 full time employees and 1 part time employees with a main office and 3 branch offices.
The Magnolia Federal Credit Union offers its members a full service website that allows for true "Banking From Home" functionality. Users have the ability to apply for loans, get account balance and history reports, transfer money between accounts, make bill payments, and so much more.
Members can also take advantage of a full array of loans including real estate, business and new and used car loans.
There are also many types of credit cards available. Scroll down the page to see our full report for Magnolia FCU including charts to show their 10 year performance for growth, membership, total assets and number of branches. We also show their rates for certain loans and interest rates for certain savings certificates taken from their quarterly reports required by the NCUA (National Credit Union Association).
Magnolia Federal Credit Union is registered as a Community credit union, urban or rural, other than those designated \'low income\' type Credit Union. This means that anyone that lives or works in the community may be eligible to join. Please see the credit unions website or contact them at 601-977-8300 to get exact details .
There are many other credit unions with branch office locations in the nearby area. Click here to see all Credit Unions in Jackson, MS.
Charter Number |
224 |
CEO/President |
Stephen E Pollman, Jr. |
Address |
240 Briarwood Dr |
City |
Jackson |
State |
Mississippi |
Zip-Code |
39206 |
Phone |
601-977-8300 |
Website |
http://www.magfedcu.org |
Members |
13,881 |
Full-Time Employees |
37 |
Part-Time Employees |
1 |
Number of Branch Offices |
3 |
Year Opened |
1935 |
| Magnolia Federal Credit Union Loan Rates | |||||||
|---|---|---|---|---|---|---|---|
| Credit Union Name | Unsecured Credit Card | Other Unsecured Loans | New Vehicle | Used Vehicle | 1st Mortgage | Other Real Estate | Other Loans |
Magnolia Federal Credit Union |
14.00% | 10.75% | 5.25% | 5.25% | 5.25% | 5.00% | 3.50% |
Mississippi Averages |
10.83% | 13.32% | 6.82% | 8.59% | 6.71% | 6.87% | 7.83% |
USA Averages |
10.93% | 11.83% | 5.82% | 6.90% | 5.81% | 5.92% | 7.03% |
| Magnolia Federal Credit Union Deposit Rates | ||||||
|---|---|---|---|---|---|---|
| Credit Union Name | Checking | Regular Savings | Money Market | Certificates of Deposits | IRA/KEOGH | All Other Savings Rate |
Magnolia Federal Credit Union |
0.10% | 0.50% | 1.20% | 1.50% | 0.75% | 0.50% |
Mississippi Averages |
0.43% | 0.87% | 1.06% | 1.83% | 1.67% | 0.75% |
USA Averages |
0.36% | 0.63% | 0.87% | 1.63% | 1.60% | 0.68% |
| Routing No. | Rev. Date | Address | City | State | Zip Code | Phone |
|---|---|---|---|---|---|---|
265377235 |
04-13-2005 | 240 Brairwood Dr | Jackson | Mississippi | 39206 | 601-977-8300 |
| (The above data was last updated by the Federal Reserve, the central bank of the USA, on 07/30/2010) | ||||||
The Magnolia FCU Routing Number above is used for the electronic transfer of funds. Some credit unions have more than one routing number. Some are used for internal fund transfers and others may be assigned for shareholder usage. Please make sure that the number you use matches the routing number on your Magnolia FCU check. If in doubt use the Magnolia Federal Credit Union phone number above to call and verify that you're using the correct routing number.