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Magna Bank

Magna Bank

Accounting Firms

Description

Magna Bank provides personal, business, private, and commercial banking services. It offers checking and savings accounts, CDs, and IRAs, as well as online banking, and ATM and debit card services. The company also provides commercial lending services, including working capital loans and lines of credit, term loans to finance the purchase of machinery and equipment, commercial real estate construction financing, commercial real estate term loans, and letters of credit; and treasury management services, such as business sweep accounts, zero balance accounts, account reconciliation, remote deposit capture, treasury link online banking, and lockbox services. In addition, it offers home equity lines of credit, home equity loans, and bridge/swing loans, as well as mortgage loans; commercial and multifamily real estate lending, and mortgage lending services; and loans secured by automobiles, Magna CDs, and stocks listed on NYSE, AMEX, or NASD, as well as the U.S. government and the U.S. government agency securities. The company was formerly known as 1st Trust Bank for Savings and changed its name to Magna Bank in May 2007. Magna Bank was founded in 1999 and is based in Memphis, Tennessee with additional offices in Memphis and Chattanooga, as well as Arkansas.

Corporate Address

6525 Quail Hollow Road Suite 513 Memphis, TN38120 United States of America

United States of America

901-259-5600

Tags:

Bank Securities, Bank Capital, Real Estate Banking, Private Banking Loans, Bank Stock Loans, Personal Loans, Loan Management, Private Banking Services

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