Certificates & IRAs

older couple walking through a field
Secure Deposits  

Financial freedom comes from smart moves in savings, and BMI Federal Credit Union has the products and services to help. Certificates and Individual Retirement Accounts (IRAs) are long-term savings products.   

These products are designed with your future in mind, for your peace of mind. Whether you are creating a savings for your children, a special event or occasion, or for your long term financial plans, you can enjoy the security of a BMI Federal Credit Union Certificate or IRA.  

Share Certificates & IRA Certificates

When you become a member of BMI Federal Credit Union, you can open this account by logging into Online Banking, visiting one of our branches in Dublin, Columbus, or Westerville, or calling us at 614.707.4000.

Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Cds And Iras
3 Month Share Certificate 3 Months $500 0.40% 0.40%
6 Month Share Certificate 6 Months $500 0.60% 0.60%
12 Month Share Certificate 12 Months $500 1.10% 1.10%
18 Month Share Certificate 18 Months $500 1.19% 1.20%
24 Month Share Certificate 24 Months $500 1.29% 1.30%
30 Month Share Certificate 30 Months $500 1.34% 1.35%
36 Month Share Certificate 36 Months $500 1.54% 1.55%
42 Month Share Certificate 42 Months $500 1.64% 1.65%
48 Month Share Certificate 48 Months $500 1.84% 1.85%
54 Month Share Certificate 54 Months $500 2.03% 2.05%
60 Month Share Certificate 60 Months $500 2.23% 2.25%
Rates effective 8:00 am on Tuesday, October 16, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.

Certificate Specials

To ensure our rates remain competitive, our certificate specials are offered for a limited time.

Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Certificate Specials
13 Month Share Certificate++ 13 Months $5,000 2.68% 2.71%
19 Month Share Certificate++ 19 Months $5,000 2.77% 2.80%
25 Month Share Certificate++ 25 Months $5,000 2.87% 2.90%
31 Month Share Certificate++ 31 Months $5,000 2.92% 2.95%
37 Month Share Certificate++ 37 Months $5,000 2.97% 3.00%
43 Month Share Certificate++ 43 Months $5,000 3.02% 3.05%
49 Month Share Certificate++ 49 Months $5,000 3.07% 3.11%
55 Month Share Certificate++ 55 Months $5,000 3.12% 3.16%
61 Month Share Certificate++ 61 Months $5,000 3.16% 3.20%
Rates effective 8:00 am on Tuesday, October 16, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.

++ Loyalty Rewards cannot be added to these rates.

Bump Certificates

Bump Certificates are two or three year certificates with an opportunity to 'bump' up your dividend rate to the current rate.


Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Bump
24 Month Bump Certificate ++ 24 Months $500 1.19% 1.20%
36 Month Bump Certificate++ 36 Months $500 1.44% 1.45%
Rates effective 8:00 am on Tuesday, October 16, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.

++ Loyalty Rewards cannot be added to these rates.

Youth Certificates

To ensure our young members have a healthy financial future, encourage smart money moves now. Our Youth Certificate is available for ages 0-17, allowing them to maintain their own savings Certificate. They must have their own account number. BMI FCU members can open this account over the phone or in a branch. 
 

Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Youth Cd
Youth Certificate 12 Months $200 1.45% 1.46%
Rates effective 1:00 pm on Wednesday, September 19, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.
 

IRA Options

We offer Traditional, Roth, and SEP IRAs, as well as Education Savings Accounts (ESA). For your safety and peace of mind, our IRA and ESA products are federally insured for $250,000 per account. Each member receives an additional $250,000 in Excess Share Insurance for a total of $500,000 in deposit protection.

IRA Retirement Central
Interested in learning more about IRAs? Whether you have been given your first 401k, or thinking about your long-term financial plans, IRA Retirement Central can help you! 
 
Loyalty Rewards
BMI Federal Credit Union could not succeed without the loyalty of our members, so we have introduced Loyalty Rewards. Rewards are based on a combined loan and deposit balance, and can earn reduced loan rate, increased dividends, and other perks for services.
 
 
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