Skip nav to main content.

Choice Checking

Your money, your choice

A basic checking account with everything you need. 

Apply Now
  • Easy to use checking—minimal fees

    Eliminate your fee by making at least 8 purchases and signing up for eStatements.

    At Magnolia FCU, you have the power of choice—like the choice to make the monthly fee disappear on your Choice Checking account. Use your debit card for regular purchases and sign up for eStatements, and we’ll eliminate the $4 monthly fee, leaving you with a stellar checking option that’s completely free. Plus, enjoy numerous free services and access to our nationwide ATM network.

    • Save: low, easy-to-eliminate $4 fee
    • Earn: enjoy dividends on average daily balances of $500 or more
    • Spend: free debit card, access to thousands of free ATMs nationwide
    • Manage: free online banking, mobile banking, bill pay, and eStatements
  • Rates


    Choice Checking

    AccountAverage Daily Balance Required to Earn DividendsRateAPY
    Choice Checking$5000.100%0.10%

    The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For all accounts except certificates, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Board of Directors. Money Market accounts are tiered rate accounts. The Dividend Rate for a particular tier will apply to the entire account balance if the account balance is within the balance range for that tier. The Dividend Rates and Annual Percentage Yields are the prospective rates as of the effective date shown above. For Certificate Accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. For Certificate accounts, the Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
    APY = Annual Percentage Yield

Why wait around?

You can open your new checking account online today.

Open Now

Related Resources