Savings Accounts


Business Savings

Your savings account is your primary account making 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. You also have an additional $250,000 of insurance through the Excess Share Insurance Corporation (ESI), for a total of up to $500,000 in insurance.

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 in Central Ohio | BMI Federal Credit Union

Product Minimum Daily
Account Balance
Rate APY1Print Business Savings
Business Plus Money Market $2,500 - $9,999 0.20% 0.20%
Business Plus Money Market $10,000 - $24,999.99 0.25% 0.25%
Business Plus Money Market $25,000 and greater 0.35% 0.35%
Business Platinum Plus Money Market $50,000 and greater 0.40% 0.40%
Business Savings $5.00 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.

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 in Central Ohio | BMI Federal Credit Union

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 0.60% 0.60%
Business 18 Months 18 Months $500 0.65% 0.65%
Business 24 Months 24 Months $500 0.85% 0.85%
Business 30 Months 30 Months $500 0.90% 0.90%
Business 36 Months 36 Months $500 1.15% 1.15%
Business 42 Months 42 Months $500 1.24% 1.25%
Business 48 Months 48 Months $500 1.50% 1.51%
Business 54 Months 54 Months $500 1.64% 1.65%
Business 60 Months 60 Months $500 1.84% 1.85%
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.