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Share Certificates

A better deal on your savings

This account offers stellar rates on longer terms. 

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  • 18 months – 4.00% APY*

    Limited-time certificate special

    Earn high, guaranteed yields with this limited-time share certificate special you won’t want to miss!


    Open Yours Now

    • Rates as high as 4.00% APY* for 18 months
    • Special bonus rates available when you have a Mag Fed loan, credit card, or checking account
    • Provides more guarantee than other risky investments

    APY*=Annual Percentage Yield. This APY is an annualized rate that reflects estimated earnings based on the dividend rate and frequency of compounding. Rates available as of January 11, 2023, minimum balance of $1,000 required to open and obtain advertised APY. Funds currently on deposit with Magnolia FCU are not eligible for this offer. Penalty may be imposed for early withdrawal. After initial term, certificate will automatically renew as a standard 12-month Share Certificate at the rate available at the time of maturity.


  • Rates


    Share Certificates

    Term Minimum Balance Required Rate APY
    3 Months $1,000 0.300% 0.30%
    6 Months $1,000 0.600% 0.60%
    12 Months $1,000 1.000%1.00%
    18 Months $1,000 1.050%1.06%
    24 Months $1,000 1.100%1.11%
    30 Months $1,000 1.250% 1.26%
    36 Months $1,000 1.500% 1.51%
    42 Months $1,000 1.500%1.51%
    48 Months $1,000 1.600% 1.61%
    60 Months $1,000 1.700% 1.71%
  • Frequently Asked Questions

    Is there a minimum opening deposit?
    Yes. Our current minimum deposit for opening a Share Certificate is $1,000.
    How does a Share Certificate work?
    With a Share Certificate, you agree to set your money aside for a certain amount of time (called a term), in exchange for a higher interest rate. The more you set aside, the higher the interest. If you withdraw your money before the end of the term, you'll have to pay a penalty.


    For more information or if you have a question, please get in touch with us.

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Open your Share Certificate online

Did you know you can open your Share Certificate right here online? Save a trip and start saving.

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