Certificates & IRAs

retired couple having fun

Secure Deposits and Investments 

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

Much like stocks, bonds, and 401ks, these products are designed with your future in mind. However BMI FCU products are also designed with your peace of mind. Whether you are creating a savings for your children, or for your own retirement, you can enjoy the security of a BMI FCU Certificate or IRA.  

Share Certificates & IRA Certificates
If you are a BMI FCU member, you can open this account when you log into Online Banking, call us at (614) 707-4000, or visit any of our five branches

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. As our relationships with you grows, so do your rewards. 

 

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 0.10% 0.10%
6 Month Share Certificate 6 Months $500 0.20% 0.20%
12 Month Share Certificate 12 Months $500 0.60% 0.60%
18 Month Share Certificate 18 Months $500 0.65% 0.65%
24 Month Share Certificate 24 Months $500 0.85% 0.85%
30 Month Share Certificate 30 Months $500 0.90% 0.90%
36 Month Share Certificate 36 Months $500 1.15% 1.15%
42 Month Share Certificate 42 Months $500 1.24% 1.25%
48 Month Share Certificate 48 Months $500 1.50% 1.51%
54 Month Share Certificate 54 Months $500 1.64% 1.65%
60 Month Share Certificate 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.

Certificate Specials
To ensure our rates remain competitive, our certificate specials are offered for a limited time. Give us a call or visit your branch today!

Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Certificate Specials
25 Month Share Certificate++ 25 Months $5,000 2.33% 2.35%
31 Month Share Certificate++ 31 Months $5,000 2.38% 2.40%
37 Month Share Certificate++ 37 Months $5,000 2.48% 2.50%
43 Month Share Certificate++ 43 Months $5,000 2.53% 2.55%
49 Month Share Certificate++ 49 Months $5,000 2.58% 2.60%
55 Month Share Certificate++ 55 Months $5,000 2.62% 2.65%
61 Month Share Certificate++ 61 Months $5,000 2.67% 2.70%
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.

++ Loyalty Rewards cannot be added to these rates.

Bump Certificates
Bump Certificates are 2 or 3 year certificates with a one-time opportunity to 'bump' your rate to the current rate. You decide!*
If you already bank with BMI FCU, you may open this account when you log into Online Banking, over the phone, or in a branch.


Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Bump
24 Month Bump Certificate ++ 24 Months $500 0.75% 0.75%
36 Month Bump Certificate++ 36 Months $500 1.04% 1.05%
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.

Youth Certificates
To ensure our young members have a healthy financial future, encourage smart money moves now. Our Youth Certificate is designed with them in mind. Available for ages 0-17, a Youth Certificate allows 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. Youth Certificates may not be opened online.

Certificates & IRAs | BMI Federal Credit Union Central Ohio

Product Term in Months Minimum Rate APY1Print Youth Cd
Youth Certificate 12 Months $200 0.60% 0.60%
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.


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 your retirement is around the corner, IRA Retirement Central can help you! 

*Rate adjustment cannot exceed 1%
 
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