Who we are
Started by a group of Jackson Mississippi Veterans Bureau employees that wanted to help those who needed it during the Great Depression, Magnolia Federal Credit Union has grown into a full-service financial institution living out its vision for 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 focus will always be on success and well-being – for 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 strength of the National Credit Union Administration, which insures all funds on deposits up to $250,000 per member.
Happy, financially stable employees are productive employees
How Magnolia can help
It’s good business to ensure your team members have access to the financial resources they need to eliminate high-interest debt, build savings, and reach important financial milestones.
As a Magnolia Select Employer Group, you open up to your employees the exclusive employee benefit of credit union membership eligibility and all it has to offer, including:
Higher savings yields
Deliver powerful earnings for your employees’ goals.
Put the life they want to live in reach.
Lower loan rates
Keep their money right where it belongs.
Lower account fees
Keeps them on the move and on track.
Shares benefits with loved ones for life.
Become a Select Employer Group
We make it easy – and we come to you to make your partnership as hassle-free as possible. We’re here to proactively ensure your business and employees are getting the most from your Magnolia partnership, providing a variety of worksite resources.
Lunch & Learns
Free financial workshops
at your facility
Welcome packets for
your new hires
Opportunities to partner
with you for events
Enhance your employees' benefits to strengthen your business by becoming a Select Employer Group. To get started, complete the form below, and we'll promptly reach out to welcome you!
Business Development Manager
Contact us at 601-977-8300, ext. 329, or by emailing Erica@magfedcu.org.
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