Switch to a BMI FCU Free Checking Account

At BMI Federal Credit Union, we provide a free checking account that's actually FREE! Unlike other offerings you may find in Central Ohio, with us, you get a free checking account with zero monthly fees and no minimum balance requirement.

Award-winning Service

We take pride in our services, which have been recognized as the Best Credit Union in Central Ohio for the past 8 years in a row. It's not just about providing the best free checking account, but also about making banking personal. We strive to deliver an exceptional service that goes beyond banking.

Checking FAQ

*Enter promo code NEWCHK26 when applying online or mention when applying in person. Cash bonus of $200 will be deposited in the member's savings account within 10 business days after all qualifications have been met. The following requirements must be met in the first 90 days after the account is opened: 1) Open and deposit $20.00 into a new checking account. 2) Make a minimum of 30 Visa debit card transactions of at least $5 each in the first 90 days. 3) Sign up for electronic statements. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Business accounts. This offer is not available to existing members, those with fiduciary accounts, those who have closed an account within 60 months, or have a negative balance. Checking account must remain open for a minimum of 12 months or the bonus will be debited from the account at closing. Offer cannot be combined with other checking offers or add-on bonus offers. Membership eligibility and account requirements apply. BMI FCU is open to everyone who lives, works, worships, or attends school in Franklin, Licking, Fairfield, Pickaway, Madison, Union, Delaware, or Morrow County. Federally Insured by NCUA. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends March 31, 2026. 

**Sweepstakes Official Rules: No purchase necessary to enter or win. Purchase does not improve your chances of winning. To enter, raffle tickets will be awarded for an new Platinum, Starting Over, or Free Checking account opened that month, or mail a postcard with your name, address and email address to BMI Federal Credit Union, Attn: Marketing, 6165 Emerald Parkway, Dublin, OH 43016. One mail-in entry per person per month. Must be a resident of Ohio and at least 18 years or older to enter. Entries must be received by the last day of each month in 2026. Not responsible for lost, late, misdirected, incomplete, or illegible entries. Winners will be selected in a random drawing from all eligible entries received each month. Drawing will be held on or before the 10th day of following month of the qualifying period. Any entries not selected in a Drawing Period will NOT be entered in subsequent grocery drawings. Winners will be notified by email/phone and a cash bonus will be deposed in their savings account within 5 business days. There will be twelve (12) $540 monthly prizes awarded. Unclaimed prizes will not be awarded. BMI FCU employees, their immediate family, and official family members are not eligible to win. Cash prize may be considered income and reported on 1099 MISC or 1099INT. Taxes are the responsibility of the winner. BMI FCU may end or amend sweepstakes at any time. Odds of winning depend on the number of eligible entries received for the drawing. Void where prohibited, taxed or restricted. Official winners list available upon written request.