Credit union · NCUA insured
Magnolia Federal Credit Union CD Rates
Magnolia Federal Credit Union’s best CD rate is 3.82% APY on a 1-year share certificate (CD). Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How Magnolia Federal Credit Union’s CD rates compare
Compared with banks and credit unions near Jackson, MS, where Magnolia Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Magnolia Federal Credit Union
3.82%APY
- Term
- 12 months
- Minimum
- $1,000
- Earns on $10,000
- $382
Share Certificates
Top rate
Veritas Federal Credit Union
4.35%APY
- Term
- 11 months
- Minimum
- $500
- Earns on $10,000
- $398
2nd-highest rate
Sunbelt Federal Credit Union
4.33%APY
- Term
- 18 months
- Minimum
- $500
- Earns on $10,000
- $656
Magnolia Federal Credit Union CD score
82
CD score
Higher than 58% of U.S. banks and credit unions
- 3–8 months3–8 mo3.66%
- 9–15 months9–15 mo3.82%
- 16–30 months16–30 mo3.82%
- 31–60 months31–60 mo3.04%
- QualifiedQualified3.82%
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 Magnolia Federal Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Share Certificates
Up to 3.82%APY · 10 terms
Minimum balance of $1,000 required to open and obtain advertised APY for standard tiers, or $2,500 for higher-rate tiers. A penalty may be imposed for early withdrawal. Rates vary by branch location (Mississippi / Texas).
| Term | APY · $1,000 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 3 months | 0.30% | — | 0.30% | $7 |
| 6 months | 0.75% | 3.66% | 0.75%3.66% from $2.5k | $37 |
| 12 months | 2.02% | 3.82% | 2.02%3.82% from $2.5k | $202 |
| 18 months | 2.27% | 3.82% | 2.27%3.82% from $2.5k | $342 |
| 24 months | 1.51% | 3.14% | 1.51%3.14% from $2.5k | $304 |
| 30 months | 1.51% | — | 1.51% | $382 |
| 36 months | 1.51% | 3.04% | 1.51%3.04% from $2.5k | $460 |
| 42 months | 1.51% | — | 1.51% | $539 |
| 48 months | 1.61% | 2.68% | 1.61%2.68% from $2.5k | $660 |
| 60 months | 1.76% | 2.63% | 1.76%2.63% from $2.5k | $912 |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Kidicate
4.06%APY · 1 term
Designed for young savers ages 0-17. Account eligibility expires on the child's 18th birthday, at which point automatic renewal will default to the regular 24-month share certificate. Penalty may be assessed for early withdrawal. Additional deposits are not permitted after opening.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 24 monthsAvailable for young savers ages 0-17. Account eligibility expires on child's 18th birthday. Requires minimum balance of $100 to open and obtain advertised APY and to avoid a service charge. Maximum balance is $10,000 | 4.06% | $828 |
IRA Share Certificates
Up to 1.71%APY · 10 terms
Available as Traditional or Roth IRA. No start up fees or monthly/annual maintenance charges. Minimum balance of $1,000 required.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 0.30% | $7 |
| 6 months | 0.60% | $30 |
| 12 months | 1.10% | $110 |
| 18 months | 1.06% | $159 |
| 24 months | 1.11% | $223 |
| 30 months | 1.26% | $318 |
| 36 months | 1.51% | $460 |
| 42 months | 1.51% | $539 |
| 48 months | 1.61% | $660 |
| 60 months | 1.71% | $885 |
Sources (1)
- magfedcu.org/accounts/savings/…dual-retirement-accounts · captured Oct 15, 2026
Who can join Magnolia Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who lives, works, worships, or attends school in Mississippi's Hinds, Madison, Rankin, Simpson, Copiah, Leake, Yazoo, or Scott Counties is eligible for membership.
Employers and groups
- Employees of this credit union are eligible for membership.
- Employees of Select Employer Groups (SEGs) partnered with Magnolia Federal Credit Union are eligible for membership.
Family and household
- Members of the immediate family or household of current Magnolia FCU members are eligible for membership.
Other ways
- Volunteers in the community are eligible for membership.
Cost to join
- There is no membership fee to join; opening a Share Savings account deposit represents your share(s).
Membership information collected October 4, 2026.