BMI Federal CU Checking Account

BMI Federal CU Checking Account Review

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

Key Takeaways

• Bonus offer. Open a new account and you can get $150 with required activities. Minimum deposit of $0 required to be eligible for a signup bonus (see terms and conditions for more details).
• Higher than average APY. BMI Federal CU Checking Account has an annual percentage yield of up to 0.4%, which is higher than the national average interest rate on savings accounts.
• Charges a monthly fee. This account charges a monthly service fee of up to $10.
• Small minimum initial deposit. You only need $20 to open an account.
• Bill pay. Pay your bills to practically anyone in the United States through BMI Federal Credit Union.

BMI Federal Credit Union checking Pros & Cons

BMI Federal Credit Union checking FAQ

Are checking accounts from BMI Federal Credit Union federally insured?

Yes, your checking accounts are insured up to $250,000 per share owner for each account ownership category. 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 offer?

BMI Federal Credit Union checking 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?

BMI Federal Credit Union checking requires a minimum initial deposit of $20 to open an account.

What fees does BMI Federal Credit Union checking charge?

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

Does BMI Federal Credit Union checking charge overdraft fees?

What features and perks does BMI Federal Credit Union checking offer?

This account includes the following features:

• Fraud monitoring - BMI Federal Credit Union checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - BMI Federal Credit Union checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for BMI Federal Credit Union checking?

The customer support email for BMI Federal Credit Union checking is info@bmifcu.org.