Security Center

Safe & Secure: Your Money and  Account Details


BMI Federal Credit Union is always looking out for your best interests financially. And that commitment extends to your online security too. Just as you expect your money to be safe with us, you can be sure we're doing everything we can to ensure that your personal information is equally safe.

How We Protect You and Your Money

 You can bank online with confidence because BMI Federal Credit Union uses the latest encryption and security software to protect your valuable account information. 

Federal law requires us to tell you how we collect, share and protect your personal information. You may review our Privacy Policy and practices with respect to your personal information.

Protecting your savings with the highest level of security available is one of our major objectives. That is why we combine your Federal Deposit Insurance Coverage (FDIC) with Excess Deposit Insurance protection from Excess Share Insurance (ESI), a subsidiary of American Share Insurance, the nation's largest private deposit insurer.

Your accounts are currently insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. Additionally, your board of directors has chosen to provide up to an additional $250,000 of savings protection to each qualifying account through ESI.

Federal deposit Insurance Calculator


Below is an archive of recent and past articles from our Security Center:

Protecting Yourself Online in Central Ohio | BMI Federal Credit Union Mar 16

The Internet today has become an invaluable resource in both our personal and professional lives.  However, as technology advances, so do the techniques cybercriminals use to gain access to our…
Report Fraud in Central Ohio | BMI Federal Credit Union Mar 16
Contact the fraud department of each of the three major credit reporting agencies (CRAs). Report the identity theft and request that the credit bureaus place a fraud alert and a victim's…
Avoiding Cyber Predators in Central Ohio | BMI Federal Credit Union Mar 16
How to Stay Safe Online In this digital age, more and more of the work we do is done in the cyber world. But while this is more convenient for us, it also makes it easier for hackers, phishers and…
Security Update: IRS Phone Scam Jan 23
Scam Calls and Emails Using IRS as Bait Persist The following article was originally posted by the IRS and includes valuable tips and information regarding IRS-related scam calls and…
Visa Chip Technology Jan 23
Introducing chip technology for BMI Federal Credit Union BMI FCU Visa® Credit Cards now come with built-in chip technology. This gives you greater fraud protection when you use your card at a…
Text Message Spam Oct 13, 2016
BMI FCU will never send a text asking members to input their account information, verify account data or update their records. If you get one of these texts, follow these steps from the Federal Trade…
Hacked What You Should Do Sep 23, 2015
August 28, 2014 USA Today - With the FBI investigating a cyberattack that hit at least five banks, including JPMorgan Chase, many consumers are wondering what they can do to protect themselves if…
Updating Your Browser Oct 28, 2014
In today's world, cybercrime is an all-too-common occurrence. It seems like a new virus attack, identity theft, or phishing scam occurs every day. In recognition of Cyber Security Awareness…
Security Update: Home Depot Sep 11, 2014
BMI FCU is aware of the Home Depot's recent card and data breach and we will be contacting those members affected. However, your vigilance plays an important role. We ask that all members…
Security Update: Russian Hacker Aug 11, 2014
Earlier this week, it was widely reported (http://www.nytimes.com/2014/08/06/technology/russian-gang-said-to-amass-more-than-a-billion-stolen-internet-credentials.html?_r=1) that a Russian crime ring…
Security Update: NCUA Phone Scam Jun 5, 2014
Please be advised that the National Credit Union Administration (NCUA) is warning consumers to beware of a new telephone fraud, known as "vishing", that is using the agency's name in an attempt…
Update: Heartbleed Bug Apr 11, 2014
As you may know, the Heartbleed bug is a serious vulnerability in the popular OpenSSL cryptographic software library. OpenSSL is a widely used encryption technology that provides security for…
Protect Your Identity Mar 24, 2014
Often, identity thieves will use another person's personal information, such as a Social Security number, mother's maiden name, date of birth, or account number to open fraudulent new…
Security Center Jan 28, 2014
Recently, consumers and the financial services industry alike have seen an increase in fraudulent activity. With virus attacks, identity theft and phishing scams becoming more prevalent, BMI Federal…
Target Security Breach Dec 31, 2013
Target has announced that its security was breached with their debit and credit card data affecting nationwide use from November 27 through December 15, 2013. Fraud is a potential threat that could…