Savings Accounts

Earn More While You Save


Business Savings

Your savings account is your primary account that makes you a member of BMI Federal Credit Union®. As a member, your funds are insured by the National Credit Union Administration (NCUA) up to $250,000. Plus, you have an additional $250,000 of insurance through the Excess Share Insurance Corporation (ESI), for a total of up to $500,000 in insurance.

We also offer the following ways to help save you money:

  • Business Savings  
  • Business Money Markets
  • Business Share Certificates

Business Money Markets

We offer two Business Money Market Accounts:

  • Business Plus Money Market - requires a minimum balance of $2,5000 to earn higher dividends.
  • Business Platinum Money Market - requires a minimum balance of $50,000 to earn our highest Money Market dividends.

Business Plus Money Market

Product Minimum Daily
Account Balance
Rate APY1Print Business Savings
Business Plus Money Market $2,500 - $9,999 0.15% 0.15%
Business Plus Money Market $10,000 - $24,999.99 0.15% 0.15%
Business Plus Money Market $25,000 and greater 0.25% 0.25%
Business Platinum Plus Money Market $50,000 and greater 0.30% 0.30%
Business Savings $5.00 0.05% 0.05%
Rates effective 12:00 am on Thursday, November 30, 2017
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.

Nature Of Dividends — Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

+No more than six (6) transfers and withdrawals from your Savings or Money Market account to another account of yours or to a third party in any month by means of a preauthorized, automatic, or Internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order.

Business Share Certificates

Business Plus Money Market

Product Term in Months Minimum Rate APY1Print Business Certificates
Business 3 Month 3 Months $500 0.10% 0.10%
Business 6 Months 6 Months $500 0.20% 0.20%
Business 12 Month 12 Months $500 0.40% 0.40%
Business 18 Months 18 Months $500 0.45% 0.45%
Business 24 Months 24 Months $500 0.65% 0.65%
Business 30 Months 30 Months $500 0.70% 0.70%
Business 36 Months 36 Months $500 0.95% 0.95%
Business 42 Months 42 Months $500 1.05% 1.05%
Business 48 Months 48 Months $500 1.30% 1.31%
Business 54 Months 54 Months $500 1.44% 1.45%
Business 60 Months 60 Months $500 1.70% 1.70%
Rates effective 12:00 am on Thursday, November 30, 2017
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.