Bmi Federal Credit Union

Headquarters

Po Box 3670
Dublin, OH 43016
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.65% →
1-Year CD 0.20% 2.02% →
2-Year CD 0.35% 3.00% →
5-Year CD 0.75% 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Bmi is an NCUA insured institution located in Dublin, OH. It was founded in 1936 and has approximately $653.24 millions in assets.

Who can join?

Anyone who lives, works, worships, or attends school in the Columbus Metropolitan Statistical Area is eligible to join. This area includes Franklin, Pickaway, Fairfield, Licking, Delaware, Morrow, Union and Madison counties.

Membership is also available to immediate family members of a current member, and anyone sharing household expense of a current member. Family members are described as: spouse, child, sibling, parent, grandparent, grandchild, step-parents, step-children, step-siblings, and adoptive relationships. These relationships are not dependent on the person living under the same roof as the primary potential member.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1199
Date Established 1936
Assets $653.24 million
Loans $397.20 million
Deposits $536.70 million
Capital $58.54 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in the Columbus Metropolitan Statistical Area, including Franklin, Pickaway, Fairfield, Licking, Delaware, Morrow, Union and Madison counties. Membership is also available to immediate family members of a current member, and anyone sharing household expense of a current member.

Deposit Rates - June 28, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.20% $10,000 $14,999 Learn More
12 Mo CD
0.20% $100,000 $199,999 Learn More
18 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.40% $10,000 $14,999 Learn More
30 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - June 28, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for BMI

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
6.266% 6.125% 1.00 $3,750 $1,520 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to BMI
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Bmi branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California



Climate Initiatives

BMI is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Bmi Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bmi. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Bmi U.S. Average
2.11% 4.85

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2021, Bmi had $1,088,940 in non-current loans and $164,378 in owned assets. To cover these potential losses it had $58,544,193 in net worth and $769,533 in loans loss reserves. That gives it a Texas Ratio of 2.11%.

Net Worth
Bmi U.S. Average
8.96% 12.36%

Bmi FCU has a net worth of 8.96% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for BMI


  • June 10, 2019 |

    BMI doesn't provide overdraft, will deny charges, plus charge you $29.00 for those denied charges. Then you also incur a returned payment fee from your recipient of said payment. And they don't even notify you when this happens. I had a charge of $50.00 denied three times, BMI never notified me of the declined payment, charged me $29.00 each time. So a payment of $50 costed me $170 with their charges and a returned payment fee of $30 from the recipient.

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