Open a New Free Checking Account and Earn $200

At BMI Federal Credit Union, our mission is to improve the financial lives of our members and the community we serve, and that means you. 

cartoon check and pen

Earn $200 when you open a new Free Checking account

Free Checking is the perfect way to get started. Enjoy great benefits and excellent services, designed with your needs in mind.

Open an Account

•No monthly fees or minimum balance requirements
•Free Remote Deposit Capture
Free Visa® Debit Card
•Free Online and Mobile Banking
•Free Bill Pay
•Free My Finance Tool
•Free Online Banking Alerts
•Free Visa Card Alerts^ with MyCardRules™
•Access to the second largest Shared Branching Network with roughly 30,000 ATMs 

Combine 3 Great Products and Save - Earn Up to $450

    1  Earn $200 with a new Free Checking Account* 
    2  Earn $250 when you Dare to Compare
    3  Save on balance transfers with a new Visa Platinum Credit Card

Online Banking

Securely access your account information when you need it, 24/7. With free and convenient Online Banking, you can check your balances, pay bills, transfer funds, review account activity and more. 

Learn about additional Checking, Savings, and Credit Card accounts to meet all your banking needs.


^ Visa Card Alerts are provided at no cost, however the MyCardRules app may incur charges for internet, cellular, and other data services. You may incur charges from your wireless carrier when sending and receiving information in connection with your use of MyCardRules. MyCardRules is a mobile application developed and maintained by Jack Henry and Associates for financial institutions that use JHA Card Processing Solutions ™ card processing.

*To earn $200 cash bonus, mention promo CHECK18 when opening account in person or add to the comment section when applying online. The following requirements must be met in the first 90 days after the account is opened: Open and deposit $20.00 into a new checking account with VISA debit card and make a minimum of 30 debit card transactions of at least $5/each. Member must sign up for electronic statements and have monthly direct deposits totaling $500 or more. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. A regular share savings account must be opened and a $5.00 deposit is required. Annual Percentage Yield as of August 15, 2018 is 0.05%. For the Regular Share Savings account, there is a Silver or higher relationship tier required to avoid a service fee. Cash bonus may be considered income and reported on 1099-MISC or 1099-INT. Offer not valid on Starting Over Checking, Platinum Checking, or Business accounts. Offer not available to existing members, those with fiduciary accounts, those who have closed an account within 6 months, or have a negative balance. Other membership exclusions may apply. Rates and terms are subject to change. Membership eligibility requirements apply. Checking account must remain open for a minimum of 6 months or the bonus will be debited from the account at closing. Offer ends December 31, 2018.