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

Explore a similar product
Try this top product in Checking Accounts.
Aspiration Spend & Save Account
Aspiration Spend & Save Account 112 reviews
Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.2% - 0.4%
Monthly Fee $0 - $10
Minimum Balance to Avoid Monthly Fee N/A

BMI Federal Credit Union Checking Account Review

BMI Federal Credit Union Checking Account is offered by BMI Federal 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
  • Higher than average APY. BMI Federal Credit Union 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.
BMI Federal Credit Union checking Pros & Cons
Pros Cons
  • Generous signup bonus.
  • Interest-yielding account.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • 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 FAQ

Are checking accounts from BMI Federal Credit Union federally insured?

No, your BMI Federal Credit Union checking accounts are not insured by a federal insurance agency. This means that if BMI Federal Credit Union were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

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).

BMI Federal Credit Union checking Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0.2% - 0.4%

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.

BMI Federal Credit Union Checking Account Minimums
Description
Minimum Opening Deposit $20

What fees does BMI Federal Credit Union checking charge?

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

BMI Federal Credit Union Checking Account Fees
Description
ATM Fee: In-Network $0
Check Copy $5
Debit Card Replacement Fee $5
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $10
NSF Fee $29
Online Bill Pay Fee $0
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 (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $40
ATM Fee: Out-of-Network Starting at $2

Does BMI Federal Credit Union checking charge overdraft fees?

Yes, BMI Federal Credit Union checking charges a $29 fee for every overdraft.

BMI Federal Credit Union checking offers overdraft protection at a cost of $29 per transaction.

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

This account includes the following features:

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.

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.

Message From BMI Federal Credit Union

With a variety of Checking Accounts to suit all your banking needs, you will experience unmatched quality and convenience. You can enjoy your new account and debit card the moment you leave one of our credit union branches. Our Platinum Checking is ideal for members who carry larger checking balances. In addition to the great benefits of a standard Checking Account, Platinum Checking pays a competitive tiered monthly dividend.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 6:00pm
  • Saturday 9:00am - 1:00pm

Other Services by BMI Federal Credit Union

Availability

  Available in 1 state
Ohio
Availabile in all of Ohio

Feature Breakdown

Minimum Opening Deposit $20
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 Starting at $2
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Insured by NCUA
Signup Bonus Starting at $150
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
(will require moderator approval)