Magnolia Federal Credit Union
Established in 1935, Magnolia Federal Credit Union is headquartered in Jackson, Mississippi.
Main Address
240 Briarwood Dr
Jackson, MS 39206
Credit Union Details
Charter Number: 224
Year Opened: 1935
Date Insured: January 4, 1971
Routing Number: 265377235
Peer Group: Assets between $100 million to $500 million
Credit Union Type: Federally chartered, federally insured credit union (FCU)
President of the Board: Mary E. Barrett
Manager/CEO: Michael Waylett
Employees: 45 full-time employees
Members: 19,621 current members
Website
Auto Loans
Number of New Vehicle Loans: 523
Number of Used Vehicle Loans: 4,878
Number of Total Vehicle Loans: 5,401
Amount of New Vehicle Loans: $20,816,918.00
Amount of Used Vehicle Loans: $53,579,707.00
Amount of Total Vehicle Loans: $74,396,625.00
Interest Rate of New Vehicle Loans: 2.95%
Interest Rate of Used Vehicle Loans: 14.95%
Number of Reportable Delinquent New Vehicle Loans: 4
Number of Reportable Delinquent Used Vehicle Loans: 61
Number of Total Reportable Delinquent Vehicle Loans: 65
Amount of Reportable Delinquent New Vehicle Loans: $32,727.00
Amount of Reportable Delinquent Used Vehicle Loans: $569,666.00
Amount of Total Reportable Delinquent Vehicle Loans: $602,393.00
Amount of Used Vehicle Loans YTD Charge Offs: $854,055.00
Amount of Used Vehicle Loans YTD Recoveries: $255,740.00
Consumer Vehicle Foreclosed and Repossessed Assets: $179,830.00
Branch Locations
ATM Locations
Flowood, MS 39232
Grants
Grants received by this credit union.
Data from https://mapping.ncua.gov/CreditUnionDetails/224
Link To This Branch
Credit Unions Near Jackson, MS
Jackson, MS 39213
Member Services
Yes
ATM
Yes
Drive Thru
No
Jackson, MS 39232
Member Services
No
ATM
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Drive Thru
No
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ATM
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Drive Thru
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Drive Thru
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Member Services
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ATM
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Drive Thru
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FAQ
What does a credit union have to offer?
Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.
What is a cooperative?
Cooperatives, in simplest terms, are institutions that belong to the people that use them.
Is my money safe?
Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).
