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Everything “E” Checking

Greener and leaner

This checking account is free, convenient, and totally electronic.

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  • E checking with full-service benefits

    Take back your time and enjoy the best all-electronic checking account available. Plus, we’ll pay you $100!

    With no monthly fees and convenient online access, it makes sense to open an Everything “E” Checking account and earn dividends on your balance. Take back your time and enjoy the best all-electronic checking account available. Interested in even more? Right now, we’re offering a $100 reward, just for following a few basic account qualifications (see FAQs for details).

    • Win: get $100 for opening your account and meeting a few qualifications (see FAQs)
    • Earn: enjoy dividends on average daily balances of $500 or more
    • Spend: free debit card, free first order of checks, and access to thousands of free ATMs nationwide
    • Manage: convenient online banking, mobile banking, bill pay, and eStatements
  • Rates

    Rates

    Everything “E” Checking

    AccountMinimum Deposit To OpenAverage Daily Balance Required to Earn DividendsRateAPY
    Everything E Checking$25$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

  • Frequently Asked Questions

    What are the qualifications for getting the extra $100 in my account?
    We are glad you asked! Here are the qualifications: 1. Sign up for an Everything E Checking Account 2. Make 2 direct deposits of $500 or more within 60 days of opening 3. Account must remain open and in good standing for at least 60 days, then email info@magfedcu.org after all qualifications are met to claim your $100. 4. Current Magnolia Checking Account holders are not eligible (Magnolia Savings account holders are eligible).

    HELP

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

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Get your checking account

You can open your account today by using our simple online form.

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