MAGNOLIA FEDERAL CREDIT UNION

Welcome to Magnolia, your trusted credit union located at 2847 Lakeland Dr, Flowood, MS 39232. Established in 1935, we have proudly served our community for decades, growing alongside our members and adapting to their needs. With a total membership of 19,653 and assets exceeding $156 million, Magnolia is dedicated to providing exceptional financial services tailored just for you. At Magnolia, we believe in the power of community and personal connections. Our team, led by CEO Michael Waylett and Board President Mary Barrett, is committed to ensuring that every member feels valued and supported. Whether you're looking for a new auto loan or want to open a savings account, our knowledgeable staff is here to guide you through every step of the process. While members can visit us at 2847 Lakeland Dr, official correspondence should be sent to our mailing address at 240 Briarwood Dr, Jackson, MS 39206. We take pride in our transparent operations, boasting a net worth of $34,279,759 and total deposits of $20,582,908. As part of our commitment to making banking accessible and convenient, we offer a range of services including online and mobile banking options. You can manage your finances with ease from anywhere! If you need assistance or have questions about your account, don't hesitate to call us at 601-977-8300 during our operating hours from Monday to Friday, 8 AM to 5:30 PM. Join us today and experience the Magnolia difference where your financial goals are our priority! Visit our website at magnolia.org for more information or stop by our branch to see how we can help you thrive.

At Magnolia, we believe in creating a welcoming community where everyone can thrive. Becoming a member is simple and fulfilling! If you live, work, worship, or attend school in the area around our branch at 2847 Lakeland Dr Flowood Ms 39232, you're likely eligible to join us. We also welcome family members of existing members, making it easy to include your loved ones in this supportive financial family. For full details on eligibility criteria, feel free to visit our website at https://magfedcu.org/become-a-member/ . Once you're ready to take the next step, opening an account with us is straightforward. You can start the process online by visiting https://accounts.magfedcu.org/enroll , or give us a call at (601) 977-8300 if you have any questions. Joining Magnolia not only connects you with tailored financial services but also with a community that genuinely cares about your success. We're excited to have you on board!

At Magnolia, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to serving you. With a net worth of $34,279,759, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,194 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $13,054,590 in share certificates and $10,425,745 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $34,279,759 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to support your financial goals is evident with $4,518 in used auto loans and $102,756,829 in total loans and leases. Our operational efficiency is also reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 48 full-time employees and 0 part-time employees who are dedicated to providing you with exceptional service. In total, we proudly manage 36,048 deposit accounts from our growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Magnolia is your trusted partner. Visit us at 2847 Lakeland Dr Flowood Ms 39232 or call (601) 977-8300 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.