240 Briarwood Dr
Jackson, MS 39206
| NCUA Insured | Yes |
| Charter Number # | # 224 |
| Date Established | 1935 |
| Assets | $138.43 million |
| Loans | $86.92 million |
| Deposits | $116.55 million |
| Capital | $20.41 million |
Magnolia is an NCUA insured institution located in Jackson, MS. It was founded in 1935 and has approximately $138.43 millions in assets.
Your Current Location: Virginia, VA 20146
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Kasasa Cash | 2.75% | $0 | $0.00 | Learn More |
Your Current Location: Virginia, VA 20146
There are currently no loan rates available for MAGNOLIA
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1168 License#: MC-2462 |
4.544% | 4.500% | 0.00 | $1,305 | $1,267 | Learn More |
NMLS ID: 1168 |
4.553% | 4.500% | 0.13 | $1,550 | $1,267 | Learn More |
NMLS ID: 2890 License#: MC-3098 |
4.320% | 4.250% | 0.38 | $2,190 | $1,230 | Learn More |
NMLS ID: 3030 |
5.125% | 5.125% | 0.00 | $0 | $1,362 | Learn More |
| Lender | Rate (%) | Monthly Payment | Learn More |
|---|---|---|---|
|
5.490% | $283.58 | Learn More |
|
3.990% | $238.42 | Learn More |
Note to MAGNOLIA
To upload and update your bank's rates please register.
It is free to register and add rates.
Below are Magnolia branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
The following ratios and data are available to help you better understand the financial condition of Magnolia. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
| Magnolia | U.S. Average |
|---|---|
| 9.41% | 7.77 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of September 30, 2017, Magnolia had $1,965,216 in non-current loans and $139,597 in owned assets. To cover these potential losses it had $20,405,464 in net worth and $1,972,404 in loans loss reserves. That gives it a Texas Ratio of 9.41%.
| Magnolia | U.S. Average |
|---|---|
| 14.74% | 13.15% |
Magnolia FCU has a net worth of 14.74% versus the BestCashCow average of 13.15. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
A federal credit union, registered with the NCUA under certificate #224.
Learn more about credit unions here.
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Please see Field of Membership information above for information on who is eligible to join.
Magnolia has total capital of $20.41 million. Full information on Magnolia's financial position is located above.
Credit Unions are owned by their members.
See branch locations nearby.
Compare mortgage rates here.
Compare home equity lines of credit rates here.
Compare auto loan rates here.
Compare personal loan rates here.
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Last Update on April 18, 2018
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