A great savings account for you or your family.
- Enjoy all of Magna's personal savings benefits
- Minimum opening balance of $200
- No service charge with a $200 minimum daily balance, otherwise, $5/quarter
- For primary account holders under age 18:
- Minimum opening balance of $10.
- Quarterly service charge waived.
Magna rewards you for higher balances and gives you the easy access like a checking account.
- Enjoy all of Magna's personal savings benefits
- Minimum opening balance of $2,500
- Earn higher rates for larger balances
- Write up to 6 checks per month
- Free High Yield style wallet checks
- No service charge with a $2,500 minimum daily balance, otherwise, $5/month
With the relationship account you can earn so much more:
- Enjoy all of Magna's personal savings benefits
- Minimum opening balance of $15,000
- Earn higher rates for larger balances
- Write up to 6 checks per month
- Free Relationship Money Market-style wallet checks
- No service charge with a qualifying checking or loan account
For savings accounts, regulations allow up to six (6) transfers and withdrawals within the same institution or to a thrid party by means of a pre-authorized transfer, telephonic agreement, order of instruction, or by check draft, debit card, or similar order.