Savings Accounts

Savings Accounts that help you save.

Your savings account is your primary account that makes you a member of BMI Federal Credit Union. As a member, your funds are insured by the National Credit Union Administration (NCUA) up to $250,000. Plus, you have an additional $250,000 of Insurance through the Excess Share Insurance Corporation (ESI), for a total of up to $500,000 in insurance.
 savings account - BMI Federal Credit Union
We offer the  following ways to help you save money:


Money Market Accounts

A Money Market Account is a type of savings account that usually earns a higher amount of interest than a basic savings account, but also requires a higher minimum balance.

Our Plus Money Market has no monthly fees, but requires a minimum balance of $2,500 to earn higher dividends. The Platinum Plus Money Market has no monthly fees, but requires a minimum balance of $50,000 to earn higher dividends.

Holiday Club Savings Account


Don't go into debt for the holidays. Open a Holiday Club Savings account to prepare for the holiday season. You can open an account anytime throughout the year and start making deposits. BMI FCU Holiday Club pays a higher rate than regular savings. The accounts are paid out November 1 of each year and deposited into your savings or checking account.


Open a New Savings Account with BMI Federal Credit Union

Product Minimum Maximum Rate APY1Print Savings Page
Regular Share Savings $5 0.05% 0.05%
Holiday Club 0.20% 0.20%
Plus Money Market $2,500 $9,999 0.20% 0.20%
Plus Money Market $10,000 $24,999 0.25% 0.25%
Plus Money Market $25,000 0.35% 0.35%
Platinum Plus Money Market $50,000 0.40% 0.40%
Rates effective 11:00 am on Thursday, February 22, 2018
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.


If you are already a member you can open these accounts when you log into Online Banking, over the phone or in a branch.