bakery owner with basket of several breads

Business Checking Accounts

Business Checking

Our Business Checking is great for smaller businesses with fewer transactions and carry a lower balance. With a Business Checking account you'll get:

  • 0-200 FREE transactions per month, then $0.20 per transaction+
  • No monthly fee with balances over $1,000

Commercial Checking

Our Commercial Checking is perfect for businesses with monthly transactions and large balances. With a Commercial Checking account you'll get:

  • 0-500 FREE transactions per month, then $0.20 per transaction+
  • No monthly fee with balances over $5,000
  • Earn dividends on balances of $1,000 or greater

Additional Benefits

Review our fee schedule for additional information on our business accounts. Our accounts offer the following benefits:

  • Free Online Banking
  • Free Mobile Banking
  • Free Bill Pay
  • Free My Finance Tool
  • Free Account Alerts
  • Free Visa Card Alerts
  • Access to second-largest Shared Branching Network
  • Nearly 30,000 Surcharge-free ATMs

ACH Services

Send money quickly and easily without using paper checks, cash or credit card networks. By adding this service you can:

  • Send money electronically to a business or person
  • Send money to multiple people via batch
  • Set up payroll for your business
  • Automatically collect payments

Night Depository Services

Drop off your deposits when it's convenient for you. Add this service and you receive the following benefits:

  • Nightly deposits kept secure in night depository facility
  • Two free lock bags per month

Shared Branching & ATM Networks

At BMI Federal Credit Union, we are accessible and there for you when you need us. Not only do we have five convenient locations in central Ohio, but our shared branching and ATM networks give you access to thousands of branches and ATMs nationwide!


Federal Credit Union Business Checking Account | BMI Federal Credit Union

Product Minimum Daily
Account Balance
Rate APY1Print Business Checking
Commercial Checking2 $1,000 or greater 0.05% 0.05%
Rates effective 12:00 am on Saturday, March 31, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.
2 A $10.00 monthly fee if balance falls below the $5,000 minimum balance.

+Transactions include: Checks cleared, checks deposited, debit card transactions, and all external debits and credits. (Internal transfers not included)