Become a Select Employer Group
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 Select Employer Group with Magnolia Federal Credit Union, you open up to your employees the exclusive benefit of credit union membership eligibility and all it has to offer, including:
- Higher savings yields
- Lower loan rates
- Lower account fees
- Mobile technology
- Extended membership
Contact Us
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!

Who we are
Started by a group of employees of the Veterans Bureau in Jackson, MS who wanted to help those in need during the Great Depression, Magnolia Federal Credit Union has grown into a full-service financial institution focused on its dedication to businesses, families, and individuals.
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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 top priority will always be on the success and well-being of 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 National Credit Union Administration, which insures all funds on deposits up to $250,000 per member.