TellerScore

Magnolia Federal Credit Union is a federal credit union headquartered in Jackson, Mississippi, in business for about 91 years. At the end of Q2 2026 it reported $185.6M in total assets and $141.8M in member shares and deposits, with 2 offices.

Based on its Q2 2026 filing, Magnolia Federal Credit Union scores 87/100, which we describe as very strong. That is higher than 91% of 1,341 credit unions with $100 million – $1 billion. Among 55 credit unions headquartered in Mississippi, it ranks 7th. Its strongest component is capital cushion (100/100; 23.43%), and its lowest is funding & liquidity (77/100; 84% loans-to-deposits, 4% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 23.43%
Loan quality82/100
Loans 60+ days delinquent ÷ total loans: 0.55%
Earnings78/100
Return on assets (annualized): 1.45%
Funding & liquidity77/100
Loans ÷ shares: 83.5% · 4.3% uninsured
Problem-loan coverage96/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 2.11%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 3 points (90 → 87), mostly because the earnings component weakened by 22 points.

TellerScore
868991Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202489
Q3 202489
Q4 202491
Q1 202586
Q2 202590
Q3 202589
Q4 202590
Q1 202688
Q2 202687
Net worth ratio
7.00%15.21%23.43%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202421.27%
Q3 202421.94%
Q4 202421.76%
Q1 202520.95%
Q2 202520.65%
Q3 202521.23%
Q4 202521.83%
Q1 202622.77%
Q2 202623.43%
Delinquent loans (60+ days)
0.52%0.66%0.80%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.66%
Q3 20240.80%
Q4 20240.62%
Q1 20250.58%
Q2 20250.61%
Q3 20250.67%
Q4 20250.61%
Q1 20260.52%
Q2 20260.55%
Return on assets
1.35%2.30%3.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.75%
Q3 20242.00%
Q4 20242.09%
Q1 20251.35%
Q2 20253.15%
Q3 20252.90%
Q4 20253.26%
Q1 20261.45%
Q2 20261.45%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202687$185.6M23.43%0.55%1.45%83.5%
Q1 202688$188.1M22.77%0.52%1.45%81.2%
Q4 202590$178.5M21.83%0.61%3.26%88.9%
Q3 202589$173.9M21.23%0.67%2.90%91.3%
Q2 202590$174.1M20.65%0.61%3.15%90.3%
Q1 202586$167.6M20.95%0.58%1.35%86.0%
Q4 202491$158.8M21.76%0.62%2.09%85.2%
Q3 202489$156.2M21.94%0.80%2.00%83.6%
Q2 202489$156.6M21.27%0.66%1.75%82.2%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio23.43%
99th
Problem loans0.55%
60th
Net charge-offs1.45%
4th
Return on assets1.45%
87th
Loans to deposits83.5%
32nd
Uninsured deposits4.3%
68th
Loan-loss reserves0.00%
50th
Texas ratio2.1%
75th

Similar-size credit unions in Mississippi

InstitutionScoreAssetsCapitalProblem loansCompare
Rivertrust Federal Credit UnionCredit union Pearl, MS84 out of 100, Strong$167.8M19.3%0.60%vs
Statewide Federal Credit UnionCredit union Flowood, MS68 out of 100, Moderate$211.4M9.5%0.59%vs
Centuryfirst Federal Credit UnionCredit union Hattiesburg, MS66 out of 100, Moderate$144.9M13.9%1.80%vs
Members Exchange Federal Credit UnionCredit union Jackson, MS87 out of 100, Very strong$143.6M21.2%0.37%vs
Triangle Federal Credit UnionCredit union Columbus, MS67 out of 100, Moderate$129.0M11.0%1.16%vs
Gulf Coast Community Federal Credit UnionCredit union Gulfport, MS73 out of 100, Strong$125.5M17.7%1.22%vs

Deposit insurance

Is my money safe at Magnolia Federal Credit Union?

Yes. Magnolia Federal Credit Union is a federally insured credit union (NCUA charter #224). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 4.3% of shares and deposits ($6.1M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 23.43%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

2 locations

Branches

Magnolia Federal Credit Union lists 2 offices in 2 cities. Most locations:

All branch addresses and map

CFPB TCCP survey · December 31, 2025

Credit card terms

CardPurchase APRAnnual feeLate feeForeign fee
Magnolia FCU Visa8.75% – 18.00%$0$250.0%

All Magnolia Federal Credit Union card terms

Identity & history

Profile

Legal name
Magnolia Federal Credit Union
Type
Federal credit union
NCUA charter #
224
RSSD ID
22972
Primary regulator
NCUA
Established
1935
Headquarters
240 Briarwood Dr, Jackson, MS 39206
Employees
54

Quick answers

Magnolia Federal Credit Union: common questions

Is Magnolia Federal Credit Union NCUA insured?

Yes. Magnolia Federal Credit Union is a federally insured credit union (NCUA charter #224). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Magnolia Federal Credit Union's TellerScore?

87 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Magnolia Federal Credit Union have?

2 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Jackson

InstitutionScoreAssetsCapitalProblem loansCompare
Mississippi Public Employees Federal Credit UnionCredit union Jackson, MS97 out of 100, Very strong$29.2M18.1%0.10%vs
FSNB, National AssociationBank Lawton, OK96 out of 100, Very strong$478.3M17.5%0.36%vs
Merchants and Planters BankBank Raymond, MS91 out of 100, Very strong$199.0M18.2%0.00%vs
Members Exchange Federal Credit UnionCredit union Jackson, MS87 out of 100, Very strong$143.6M21.2%0.37%vs
Ecm Federal Credit UnionCredit union Ridgeland, MS87 out of 100, Very strong$28.9M14.9%0.66%vs
Mutual Federal Credit UnionCredit union Vicksburg, MS84 out of 100, Strong$528.5M14.0%1.08%vs