Bank · FDIC insured
Bank of Magnolia Savings Rates
Bank of Magnolia’s best savings rate is 0.03% APY on $10,000, with its Passbook. Rates checked October 16, 2026.
How Bank of Magnolia’s savings rates compare
Compared with banks and credit unions near Canton, OH, where Bank of Magnolia has the most branches. $10,000, best rate first.
This bank’s best
Bank of Magnolia
0.03%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $3
Passbook
Top rate
7 17 Credit Union
3.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $350
2nd-highest rate
Huntington Bank
3.25%APY
- Requires
- Another account
- Minimum
- $100
- Earns on $10,000 a year
- $325
Bank of Magnolia savings score
60
Savings score
Higher than 1% of U.S. banks and credit unions
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.03%
- $100,000 balance$100,0000.03%
- QualifiedQualified0.03%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Bank of Magnolia ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
MMDA
0.02%APY
Rates subject to change. Fees may reduce earnings. Compounded monthly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $9,999Compounded monthly. | 0.02% | — | Compounded monthly. |
| $10,000 – $24,999Compounded monthly. | 0.02% | $2 | Compounded monthly. |
| $25,000 and upCompounded monthly. | 0.03% | — | Compounded monthly. |
Sources (1)
- bankofmagnolia.com/deposit-rates · captured Oct 6, 2026
Passbook
0.03%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceQuarterly compounding.Any balance | 0.03% | $3 | Quarterly compounding. |
Sources (1)
- bankofmagnolia.com/deposit-rates · captured Oct 6, 2026
Special-purpose accounts
IRA Variable
0.03%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceQuarterly IRAs; Quarterly compounding.Any balance | 0.03% | $3 | Quarterly IRAs; Quarterly compounding. |
Sources (1)
- bankofmagnolia.com/deposit-rates · captured Oct 6, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.