Magnolia State Bank

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New FDIC Tool Helps Consumers Protect Themselves Against Identity Theft and Suggests Steps They can Take if Victimized

Don't Be an On-line Victim: How to Guard Against Internet Thieves and Electronic Scams - Learn more here
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Lobby closed all day
Drive thru in Bay Springs open 8:30 am - 5:00 pm
and in Laurel 8:30 am - 5:30 pm

Drive thru open in Bay Springs 8:30 am - 12:00 pm
and in Laurel and Petal 9:00 am - 12:00 pm

We appreciate your business throughout the year and hope that your families have a safe and wonderful holiday.

Magnolia State Bank makes $25,000 contribution to the Lamar County Education Foundation. Read more »
Pictured: Dr. Ben Burnett, Superintendent of LCSD; Marcia Line, Pres. Lamar County Education Foundation; Marcus Robinson, Pres/CEO Magnolia State Bank

Magnolia State Bank hosts annual Bay Springs business appreciation lunch Friday, November 19 at The Old Post Office. Pictured: Thomas & Barbara Brown.

Bank News What's happening at Magnolia State Bank?
Magnolia State Bank Announces Partnership with Oak Grove Schools
Magnolia State Bank recently partnered with Oak Grove High School and the Oak Grove High School Parent Teacher Organization for sponsorship of the school’s marquee. Read More »
Magnolia State Bank Reports Record 3rd Quarter Earnings
Bay Springs, MS - Marcus Robinson, president and CEO has announced financial results for the quarter ended Sept. 30.
Read More »
Magnolia State Bank designated as a Certified Development Financial Institution (CDFI) Bay Springs, MS - Magnolia State Bank recently received designation as a Certified Development Financial Institution (CDFI) and has been awarded $7.9 million in funds at a 2% rate for 8 years. A certified CDFI is a financial institution that works in markets that are underserved by traditional financial institutions. Read More »
Glenn Recognized for Forty Years in the Banking Industry Danny Glenn, president of Magnolia State Bank in Laurel, was recently inducted in the Mississippi Bankers Association (MBA) Forty Year Club in recognition of his forty years of professional achievement in the field of banking in Mississippi.

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Current Conditions for Bay Springs, MS

FDIC’s Transaction Account Guarantee Program
Magnolia State Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.