SuperMoney
  BMI Federal Credit Union Checking Account

BMI Federal Credit Union Checking Account

in Checking Accounts from BMI Federal Credit Union

Unaffiliated

BMI Federal Credit Union Checking Account

Unaffiliated

in Checking Accounts from BMI Federal Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend BMI Federal Credit Union Checking Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $10
ATM Fee: Out-of-Network $2
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.2% - 0.4%

BMI Federal Credit Union Checking Account Review

BMI Federal Credit Union Checking Account is offered by BMI Federal Credit Union, a credit union founded in 1936 and based in Dublin, OH. BMI Federal Credit Union Checking Account is available in 1 state across the USA.

Key Takeaways
  • $200 Signup Bonus. Open a new account and you can get up to $200 if you deposit a minimum of $ (see terms and conditions for more details).
  • Low APY. The maximum annual percentage yield for this account is only 0.4%.
  • Charges a monthly fee. This account charges a monthly maintenance fee of up to $10.
  • No ATM fees. BMI Federal Credit Union Checking Account does not charge fees on ATM transactions.
  • Hard credit pull. BMI Federal Credit Union may require a hard pull on your credit report to open a checking account.
BMI Federal Credit Union Checking Account Pros & Cons
Pros Cons
  • Generous signup bonus.
  • Interest-yielding account.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • Not FDIC-insured.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
BMI Federal Credit Union Checking Account FAQ

Are checking accounts from BMI Federal Credit Union federally insured?

Yes, your BMI Federal Credit Union checking accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does BMI Federal Credit Union Checking Account offer?

BMI Federal Credit Union Checking Account offers an APY starting at 0.2% and ranging up to 0.4% (APY stands for annual percentage yield, rates may change).

BMI Federal Credit Union Checking Account Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.2% - 0.4%

What are the account minimums for BMI Federal Credit Union Checking Account?

BMI Federal Credit Union Checking Account does not require a minimum initial deposit.

BMI Federal Credit Union Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $0

What fees does BMI Federal Credit Union Checking Account charge?

The good news is that this account does not have a monthly service charge.

BMI Federal Credit Union Checking Account Fees
Description
Monthly Fee $0 - $10
Paper Statement Fee $5
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $2
NSF Fee $29
Overdraft Protection Fee (per transfer) $29
Overdraft Item Fee $29
Early Account Closure $0
Returned Deposit Fee (Domestic) $29
Debit Card Replacement Fee $5
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $30
Check Image Service N/A
Check Copy $5
Foreign Transaction Fee (Debit Card) 1%
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Outgoing) $40
Wire Transfer Fee - International (Incoming) $0
Returned Deposit Fee (International) $29
Wire Transfer Fee - Domestic (Incoming) $0

What features and perks does BMI Federal Credit Union Checking Account offer?

This account includes the following features:

  • Signup Bonus - Open an account and you will receive a signup bonus of up to $200 if you deposit a minimum of $.
  • Mobile Banking Services - BMI Federal Credit Union Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 1 state
Ohio
Availabile in all of Ohio

Feature Breakdown

ATM Fee: In-Network $0
Early Account Closure $0
Online Bill Pay Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Check Copy $5
Debit Card Replacement Fee $5
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $10
NSF Fee $29
Overdraft Item Fee $29
Overdraft Protection Fee (per transfer) $29
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $29
Returned Deposit Fee (International) $29
Stop Payment Fee $30
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Outgoing) $40
ATM Fee: Out-of-Network $2
Bank Account Features
  • No ATM Fees
  • IRAs
  • NCUA Member
  • Bauer Financial A+/A Rating
  • Debit Card
  • Mobile Banking
  • Nationwide ATM Network
  • No Monthly Maintenance Fee
  • Mobile Check Deposit
Signup Bonus Starting at $200
Signup Deposit Requirement $0
APY (Annual Percentage Yield) 0.2% - 0.4%

Be the first to rate

 

Would you recommend BMI Federal Credit Union Checking Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Checking Accounts