Blog Center



2014 Food Truck Fridays Apr 14

Why And When To Refinance Your Car Loan Apr 14
Refinancing loans is a great way to save some money. It can lower your monthly payment and/or shorten the term of your loan. There many reasons why people choose to refinance, but it is usually to…
Five Books for Children Apr 12
This past week was the last week of National Credit Union Youth month. We’ve talked about teaching your children to save money, how to make an effective allowance plan, and how to help your…
Home Equity Loans in Central Ohio | BMI Federal Credit Union Mar 27
Home equity loans, commonly known as second mortgages, are a useful avenue to explore for many homeowners. This type of loan leverages the equity you have in your home and makes a lump sum payment to…
Whats The Difference Between A Credit Union And A Bank Mar 16
Credit unions and banks are quite different. While traditional banks are for-profit organizations, credit unions are not. Rather, these organizations are owned by their members or account…
Refinance Your Home Loan Jan 23
What you need to know to refinance your home loan. What is refinancing a home loan? Refinancing a home loan is the simple act of getting a new home loan to replace your existing one. The new loan…
New Season, New Finances Jan 23
How My Finance Tool Can Help You Fall Into Good Habits Fall's here, which means it's the perfect time to fall into good financial habits. My Finance Tool, a helpful financial tool found in…
Reponsible Credit Card Use Jan 23
Getting Your First Credit Card Getting your first credit card is a milestone in many young peoples’ lives. But with this new milestone, comes new responsibility. If you think your teen or…
Safe Social Media Tips Jan 23
Social Media Habits to Keep You Safe Social media. It’s an ever-constant presence in our lives that allows us to stay connected to the people in our lives and see what’s going on in the…
Mortgage Insurance Jan 23
What You Need to Know Summer is home buying season, which means it’s time to start looking into mortgages, realtors and trying to cipher your way through terms that make no sense to you. One of…
Making A Major Decision Jan 23
Do You Feel Undecided? What’s your major? It’s the question that strikes fear into the hearts of many first-year college students. If you’re feeling undecided, not to worry –…
Labor Day Jan 23
Getting Your Finances In Order Keeping on top of your finances is a great way to ensure that you are financially sound and will also help prevent any unfortunate surprises from coming your way.…
Is Paying For College Worth It Jan 23
Paying for college is not easy or just about everyone would go. Perhaps you qualify for student aid. Perhaps you have saved money. Unfortunately, in most cases, that savings account and that aid…
Identity Theft Action Plan | BMI Federal Credit Union Jan 23
Keeping Your Identity Safe As we grow smarter and more advanced, you can bet that identity thieves are as well. Every day, identity thieves come up with new and innovative ways to steal your…
Home Improvement Jan 23
Putting Money Back in Your Pocket If you’ve ever thought about renovating your home or possibly selling your home in the future, one of the first things that comes to mind is how much money…
Home Equity Loans 101 Jan 23
Everything You Need to Know Summer’s almost here, which means it’s the perfect time to start planning your summer vacation or thinking about that big home renovation. But for many people,…
Getting Summer Ready Jan 23
Don't be Left Out to Dry this Summer Summer’s right around the corner, which means it’s time to start getting your home ready for the hot months ahead.  Surprisingly,…
Getting Older Means Life Getting Better With Great Planning Jan 23
Your opportunities don't diminish as you get older; we believe they expand. By now, you have taken advantage of the financial advice offered and you've set up accounts so you can…
Shark Infested Waters Jan 23
How to Avoid Predatory Lenders Like any master predator, sharks can smell their prey from miles away - so can predatory lenders. What is predatory lending? According to this article from…
Spring Cleaning Finances Jan 23
Shaking the Cobwebs Out of Your Financial Life Spring Cleaning: These seem to be two words that everyone associates with the first days of spring. It’s a time to clean out your closets, donate…
Tax Free Weekend 2017 Jan 23
Stock Up On Back-To-School Essentials Tax Free Weekend is almost here! Starting on Friday, August 4 and ending on Sunday, August 6, Ohio will be having their annual tax-free holiday, where…
The Luck Of The Irish Jan 23
How to Make 2017 Your Luckiest Year Yet Thomas Jefferson once said, “I’m a great believer in luck, and I find the harder I work the more I have of it.” Good luck often seems to come…
Getting Fall Ready Jan 23
5 Things You Can Do Right Now It’s official, summer is over and fall is here. While you’re sadly putting away your shorts and flip flops, it’s also time to start thinking about…
Get Up & Get Moving Jan 23
How to Incorporate Exercise into Your Life                       It’s no secret that, as a society, we’re now more sedentary than…
Fall Financial Fixes Jan 23
Four Things You Can Do Right Now Summer is gone and those cool fall days are back again. This is also the time when we start seeing those chilly expenses that put a drain in your wallet: higher…
Vacation On A Budget Jan 23
Our Favorite Tips Summer is officially here, which for many means the start of summer vacation and relaxing away from the office. But if you can’t afford to take an exotic vacation or are…
What You Need to Know About the FAFSA Jan 23
  As a part of BMI Federal Credit Union's promise to "make banking personal," we strive to give you the answers to important financial questions pertaining to your education and your…
Budget Gifts For Mom Jan 23
How to Show Mom You Love Her without Breaking the Bank This Sunday is Mother’s Day, that special time when we show appreciation for our moms and everything that they’ve done…
Barbecuing On A Budget Jan 23
Have a Feast Without Breaking the Bank! 4th of July is coming up, which means parades, fireworks and barbecues! If you’re planning on having a backyard celebration, it can be overwhelming…
College Survival Guide Jan 23
Making it Through the First Semester College is an exciting time in any young person’s life – you’re living away from mom and dad for the first time, you can take classes that…
Avoiding Cyber Predators Jan 23
How to Stay Safe Online In this digital age, more and more of the work we do is done in the cyber world. But while this is more convenient for us, it also makes it easier for hackers, phishers and…
Back To School Shopping Jan 23
Bargains Without Breaking the Bank It’s hard to believe that August is already here, which for many parents and children means the ending of summer and the start of a new school year. Shopping…
Setting Up Allowances Jan 23
How to Help Your Children be Financially Responsible This month is National Credit Union Youth Month, and to celebrate, we’re going to be presenting a series of tips that will help your…
5 Student Loan Myths Jan 23
Debunking the Most Common Misconceptions It’s the start of a new school year, which means new classes, new friends and, if you’re a college student, student loan debt. Many college…
Three Big Myths Keeping You From Buying A Home Jan 22
Home ownership feels like a thing of the past in the post-recession era. Although the economy has recovered considerably, it has also changed forever. More and more professionals are making a living…
Refinancing Your Car May 30, 2017
How much do you pay each month on your car payment? If you don't know the interest rate on the loan, it may be time to find out. Refinancing your car loan can save you money and help you to stay…
Your Teen's First Job Apr 20, 2017
Options and Decisions For many teens, getting their first job is one step on the path towards adulthood. But while getting a job in the teen workforce can teach good life lessons such as…
Teaching Your Children Apr 13, 2017
Building Good Habits In today’s environment, where advertisements and commercials encourage you to buy, buy, buy and emphasis is placed on having the newest, shiniest gadget, it can be hard to…
Don't Be Fooled Apr 6, 2017
How to Guard Against Sneaky Sales Tactics We’ve all seen them. The big neon colored signs with the words ‘Sale’ and ‘Good Deal’ emblazoned across them as you shop the…
Know Your Credit Report Mar 2, 2017
Everything You Need to Know One of the best things you can do for your financial health is to review your credit report every year. You’re entitled to a free report every twelve months from…
Shopping Mortgage Rates Feb 23, 2017
6 Helpful Tips Buying your first house is an important first step in any person’s life, and can also be the most confusing. Between realtors, closing costs and down payments it can seem like an…
Show Love Without Money Feb 14, 2017
Five things you can do this Valentine's Day Today is Valentine’s Day, and in today’s consumer culture there seems to be a common misconception that love can only be shown through…
Be a Smarter Saver Feb 9, 2017
5 Great Tips In today’s economy, everybody’s telling you how important it is to save your money and keep a little bit in your back pocket for a rainy day. But how do you tuck money away…
Don't Fear Your Money Feb 2, 2017
How to Take Back Control of Your Finances Money – it’s a part of our daily lives and is always at our side like a constant companion. But to many people, money is less of a comforting…
Eat Organic On A Budget Feb 2, 2017
5 Things to Know Did you know that today is National Green Juice Day? To help you achieve your goal of getting fit in 2017, we have put together five great tips that will help you trim your waistline…
Get Financially Fit Feb 2, 2017
 5 Things You Should Know Have you committed to a New Year’s Resolution? Why not commit to getting financially fit? Here are five things you should know to maintain the health of your…
How To Budget For The Holidays Nov 22, 2016
  The holidays are upon us which means colder weather and shorter days. But it also the season of great holiday meals, spending time with family and friends, and decorating your house. Soon the…
Build Credit In College Nov 7, 2016
Now that the school year is well underway, you’re probably paying a lot of attention to your studies and the more social aspects of college life, like cheering on your school’s football…
Six Ways To Protect Your Marriage From Financial Missteps Oct 11, 2016
Finances are one of the most stressful issues in marriage and one of the most popular reasons for divorce. It might sound terrible, but it makes sense because money is a highly personal and very…
Buying A Car New Model Vs Old Model Sep 22, 2016
This time of year car dealers fill their lots with the latest new car models, ready to sell. As part of that transition, car dealers will offer special incentives for the previous year model. It is…
Identity Theft Sep 6, 2016
How to know if your identity was stolen, and what to do about it. Identity theft is one of those things that we believe will never happen to us. Like failing to back up your computer, most of us may…
Three Steps Toward A Better Credit Score Aug 24, 2016
The truth is, most people don’t think about their credit score often. But the day you start talking about buying a home or car, or when you’re drawn into an electronics store by those big…
What Is Estate Planning, And When Do You Start? Jun 9, 2016
What is Estate Planning?As you go through life, you acquire things: a house, car, savings, retirement and maybe some investments. These combine to create your estate. You need to consider what will…
Private Vs Federal Student Loans May 10, 2016
It's never too early to start saving for college! As tuition costs rise, it's important to think ahead - and luckily, with some smart planning, it's easy to prepare for the future.…
Paying For College Apr 26, 2016
The rising cost of college tuition is a big topic. It has become not just a talking point for politicians, but for parents and their kids all across America. While high school students eagerly plan…
Consolidate Your Debt Mar 30, 2016
The average U.S. household carries over $15,000 in credit card debt, making it a common problem that affects a majority of Americans.And not only is it common—it starts early. According to…
6 Tips To Saving Money Mar 30, 2016
A recent survey by BankRate uncovered that roughly half of Americans are saving 5% or less of their incomes, including 18% that are not saving anything at all. In fact, only about a quarter of people…
Credit Union Versus Bank, What is the Difference? Feb 18, 2016
Many people ask what the difference is between a credit union and a bank, thinking the two are very different from each other. Each is an institution that offer many of the same financial services…
4 Ways To Budget Better In 2016 Jan 7, 2016
Roughly 31 percent of the U.S. population is planning to make financial New Year's resolutions this January, according to a study conducted by Fidelity. While financial resolutions are…
Learn The Basics Of Estate Planning Dec 9, 2015
Many adults don't start thinking about estate planning until their later years, but everyone can benefit from preparing these documents early. If you don't take the time for estate…
Learn How To Protect Yourself From Identity Theft Oct 21, 2015
BMI Federal Credit Union takes your security very seriously. Identity theft is a growing problem, especially in the Internet connected world we live in. While it can happen to anyone, there are steps…
Save Money Effortlessly With Change Jar Sep 30, 2015
Wouldn't it be great if balancing your checking account didn't involve such complicated math? Now it doesn't have to be. With Change Jar at BMI Federal Credit Union your debit…
Get Financial Advice During Our Free Workshops Sep 16, 2015
After a busy summer packed full of events, BMI Federal Credit Union's free financial education workshops are in full swing. Our award-winning Money Management program provides free…
The Benefits Of Emv Chip Technology Sep 2, 2015
Soon you'll be receiving your BMI Federal Credit Union Visa credit card with EMV chips. If you haven't heard, these chips are one of the best advancements in credit card and debit card…
Comparison Of Mint And My Finance Tool Aug 19, 2015
Today, it's quite important to have a firm grasp on your financial health. There is no doubt that a number of people no longer want to deal with a checkbook register. In many cases, these are no…
Back To School Shopping Tips Aug 13, 2015
It may seem like summer and its days of sleeping in just got started, but many parents are already on the lookout for cost-savings opportunities for back to school shopping. The National Retail…
Preparing to Sell Your Home Jul 9, 2015
Whether you're upgrading, downsizing, relocating, or simply seeking a change of scenery, there comes a time in most everyone's life to pack up and move on to a new home. Rather than…
Summer Travel Tips For Staying On A Budget Jun 29, 2015
With summer, everybody looks forward to vacation and relaxation. A bit of time spent away from home is a great way to rest and be pampered for a while. You should absolutely enjoy yourself and not…
Is Your Browser Up To Date May 12, 2015
How Can I Improve My Credit Score? Apr 3, 2015
Americans love debt. And while many types of debt are actually a good thing, too much debt caused by frivolous spending is not one of them. Borrowing money from a credit union or the government…