Bank Index

Magnolia Bank

Bank · Elizabethtown, United States · overall 5.8 / 10

Open in Bank Index

How this 5.8 is built

Average of 6 scored needs: 5.8. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Magnolia Bank, Incorporated is recorded in the global register as a bank in Elizabethtown, United States. The register shows its licence as licensed. Total assets 0.55 bn USD at 2026-06-30. It reports 15 offices. Established 1919. Collected from open registers.

On its own website: “Magnolia Bank is committed to an excellent customer experience through our personal way, nurturing our employees' personal and professional growth, enhancing shareholder value, and encouraging community involvement through our time and resources.”

Legal name
Magnolia Bank, Incorporated
Licence confirmed
yes, on a regulator's own list
Established
1919
LEI
549300REENMLD2RN3W58
Website
magnoliabank.com

Scores, 0 to 10

7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “Minimum opening deposit of $50 No minimum daily balance requirement No monthly service fee Up to 150 items per month; excess item fee charged per item” · source
7.0Financial strength & stability
· source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.