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.

• $150 Bonus offer. Open a new account and you can get up to $150 if you deposit a minimum of $0 (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, but there are ways to waive the fee.
• No minimum initial deposit. There is no minimum balance required to open an account.
• Free bill pay. Pay your bills to practically anyone in the United States through BMI Federal Credit Union.
• Hard credit pull. BMI Federal Credit Union may require a hard pull on your credit report to open a checking account.

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).

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.

What fees does BMI Federal Credit Union Checking Account charge?

This account charges a monthly maintenance fee of up to $10.

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

This account includes the following features:

• Bonus offer - Open an account and you may receive a bonus of up to $150 if you deposit a minimum of $0.
• Fraud monitoring - BMI Federal Credit Union Checking Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
• 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.