US Bank Directory
Banks in Magnolia, OH
1 FDIC-insured bank operates 2 offices in Magnolia, Ohio.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Magnolia
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 1 institution operates 2 locations in Magnolia, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
2 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Magnolia
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: The Bank of Magnolia is the only bank with offices in Magnolia, with 2. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
The Bank of Magnolia Bank · 2
The Bank of Magnolia has 2 branches in Magnolia, 3 across Ohio and 3 nationwide. FDIC records list its main office in Magnolia, OH and show it operating since 1899. With $107.8 million in total assets on June 30, 2026, it ranks No. 3,643 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Magnolia location is its main office at 122 N Main St, dating to 1899; the newest, at 10045 Cleveland Ave Se, to 1981. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office122 N Main St, 44643
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East Sparta Branch10045 Cleveland Ave Se, 44643
Banking in Magnolia: the local picture
Short answer: 1 bank runs 2 branches in Magnolia according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
The Bank of Magnolia has its main office in Magnolia, according to the FDIC.
The bank with the longest record here is The Bank of Magnolia, operating since 1899 according to the FDIC. In FDIC branch records, the longest-running branch is The Bank of Magnolia's office at 122 N Main St, dating to 1899; the newest is The Bank of Magnolia's at 10045 Cleveland Ave Se, from 1981.
None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.
Chase, Bank of America and other national banks
Which big national banks have branches in Magnolia, and where the nearest one is if they do not.
Short answer: No branches in Magnolia: Chase (nearest in Canton, 11 mi), Wells Fargo, Bank of America (nearest in Brunswick, 48 mi), PNC Bank (nearest in Canton, 13 mi), U.S. Bank (nearest in Akron, 28 mi), Truist (nearest in Blue Ash, 189 mi), Fifth Third Bank (nearest in Canton, 11 mi), Huntington (nearest in Bolivar, 7 mi), Regions Bank, TD Bank, BMO.
| Bank | In Magnolia | Nearest branch if none here |
|---|---|---|
| Chase | None | Canton, 11 miles away |
| Wells Fargo | None | none in Ohio |
| Bank of America | None | Brunswick, 48 miles away |
| PNC Bank | None | Canton, 13 miles away |
| U.S. Bank | None | Akron, 28 miles away |
| Truist | None | Blue Ash, 189 miles away |
| Fifth Third Bank | None | Canton, 11 miles away |
| Huntington | None | Bolivar, 7 miles away |
| Regions Bank | None | none in Ohio |
| TD Bank | None | none in Ohio |
| BMO | None | none in Ohio |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Magnolia to the nearest branch in Ohio.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Magnolia residents like anyone else.
Banks near Magnolia
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Bolivar (6 miles) and Strasburg (11 miles). Canton, 12 miles away, has the most banks nearby: 12.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Bolivar, OH | 6 mi | 3 | 3 |
| Banks in Strasburg, OH | 11 mi | 2 | 2 |
| Banks in Dover, OH | 12 mi | 6 | 7 |
| Banks in Canton, OH | 12 mi | 12 | 33 |
| Banks in Minerva, OH | 13 mi | 2 | 2 |
| Banks in Louisville, OH | 13 mi | 4 | 4 |
| Banks in New Philadelphia, OH | 13 mi | 8 | 10 |
| Banks in Carrollton, OH | 13 mi | 4 | 5 |
Bank branch openings and closings in Magnolia
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Magnolia between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Magnolia
Short answer: 1 institution has its main office in Magnolia: The Bank of Magnolia.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| The Bank of Magnolia | Bank | $107.8 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Magnolia by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Magnolia offices.
Short answer: The Bank of Magnolia is the largest bank with offices in Magnolia, with $107.8 million in total assets on June 30, 2026, No. 3,643 among U.S. banks by total assets. 1 of the 1 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| The Bank of Magnolia | $107.8 million | No. 3,643 | 2 | Magnolia, OH |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Magnolia: FAQ
How many banks are in Magnolia, OH?
Magnolia has 1 bank with 2 branches, according to FDIC data as of September 5, 2026.
Is there a Chase in Magnolia, OH?
No. FDIC data lists no Chase branch in Magnolia as of September 5, 2026. The nearest is in Canton, about 11 miles away in a straight line.
Which banks are headquartered in Magnolia?
The Bank of Magnolia has its main office in Magnolia, according to the FDIC.
What is the oldest bank in Magnolia?
The Bank of Magnolia has the longest record among banks with a branch here: the FDIC shows it operating since 1899.
Did any bank branches open or close in Magnolia in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Magnolia?
Nearby cities with more banks include Bolivar, Strasburg, Dover. Bolivar is 6 miles away with 3 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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