Magnolia
Magnolia is a credit union based in Jackson, Mississippi, established in 1935, with $188 million in total assets serving 21,084 members. By Trust Grade it ranks 1st of 55 credit unions we track in Mississippi. Its net worth ratio of 22.8% is stronger than 99% of similarly sized credit unions, versus a Mississippi median of 16.4%. It was profitable over the most recent period, with a 1.45% return on assets. No consumer complaints against Magnolia appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Magnolia compares to Mississippi peers
How we graded Magnolia
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (22.8% capital ratio)
- Strongly profitable (ROA 1.45%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Magnolia over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Magnolia insured?
Yes. Magnolia is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Magnolia: frequently asked questions
Is Magnolia a good credit union?
Magnolia earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (22.8% capital ratio); Strongly profitable (ROA 1.45%).
Is Magnolia NCUA-insured?
Yes. Magnolia is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Magnolia?
Magnolia holds $188 million in total assets, ranking 1st of 55 credit unions we track in Mississippi. It serves 21,084 members.
Does Magnolia have CFPB complaints?
No CFPB complaints against Magnolia appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
