Bmi Credit Union

PO Box 3670
Dublin, OH 430160340
800-233-6880
www.bmifcu.org

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Bmi Credit Union is headquartered in Dublin and is the 10^st largest credit union in the state of Ohio. It is also the 523^rd largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 64 employees and 27,377 members. Bmi Credit Union's savings rates are 10X the national average, and it has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Bmi Credit Union Checking Account Rates

Apy	Min	Max	Product
0.20%	$25k	-	Business Plus Checking
0.15%	$25k	-	Platinum Checking

Bmi Credit Union Savings Account Rates

Apy	Min	Max	Product
5.00%	-	-	BMiChange Relationship Savings Account
0.20%	-	-	Holiday Club Account
0.10%	-	-	Business Savings
0.05%	-	-	Regular Share Savings Account
0.05%	-	-	Kids Account

Bmi Credit Union Money Market Rates

Apy	Min	Max	Product
0.40%	$50k	-	Business Platinum Plus Money Market
0.30%	$25k	-	Business Plus Money Market
0.30%	$50k	-	Platinum Plus Money Market
0.20%	$25k	-	Plus Money Market

Bmi Credit Union CD Rates

Apy	Min	Max	Product
1.60%	$500	-	Business 60 Month CD
1.50%	$500	-	Business 54 Month CD
1.40%	$500	-	60 Month CD
1.35%	$500	-	Business 48 Month CD
1.30%	$500	-	54 Month CD
1.15%	$500	-	48 Month CD
1.10%	$500	-	Business 42 Month CD
0.90%	$500	-	42 Month CD
0.85%	$500	-	Business 36 Month CD
0.75%	$500	-	36 Month CD
0.70%	$500	-	36 Month Super Saver Bump CD
0.55%	$500	-	Business 30 Month CD
0.50%	$500	-	30 Month CD
0.50%	$500	-	Business 24 Month CD
0.45%	$500	-	24 Month CD
0.45%	$200	-	12 Month Youth CD
0.40%	$500	-	24 Month Super Saver Bump CD
0.30%	$500	-	Business 18 Month CD
0.25%	$500	-	18 Month CD
0.25%	$500	-	Business 12 Month CD
0.20%	$500	-	12 Month CD
0.15%	$500	-	6 Month CD
0.15%	$500	-	Business 6 Month CD
0.10%	$500	-	3 Month CD
0.10%	$500	-	Business 3 Month CD

Bmi Credit Union IRA Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month IRA
1.30%	$500	-	54 Month IRA
1.15%	$500	-	48 Month IRA
0.90%	$500	-	42 Month IRA
0.75%	$500	-	36 Month IRA
0.70%	$500	-	36 Month Super Saver Bump IRA
0.50%	$500	-	30 Month IRA
0.45%	$500	-	24 Month IRA
0.45%	$200	-	12 Month Youth IRA
0.40%	$500	-	24 Month Super Saver Bump IRA
0.25%	$500	-	18 Months IRA
0.20%	$500	-	12 Month IRA
0.15%	$500	-	6 Month IRA
0.10%	$500	-	3 Month IRA

Rates updated: 5/23/2012

Data for Q4 2011

Institution Statistics

BMI
NCUA #	1199
BankRate Report	View
Year Chartered	1936
Employees	64
Primary Regulator
Assets and Liabilities
Assets	$370.78 million
Loans	$211.42 million
Deposits	$300.46 million
Equity Capital	$31.77 million
Loan Loss Allowance	$2.06 million
Unbacked Noncurrent Loans	$2.74 million
Real Estate Owned	$2.65 million
Historic Data - December 2010
Assets	$365.18 million
Equity Capital	$29.36 million
Loan Loss Allowance	$2.20 million
Unbacked Noncurrent Loans	$1.68 million
Real Estate Owned	$3.49 million
Profit Margin - Quarterly
Net Interest Margin	5.01%
Return on Assets	0.64%
Return on Equity	7.49%
Interest Income	$14.25 million
Non-Interest Income	$4.39 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bmi Credit Union had $5.39 million in non-current loans and owned real-estate with $33.84 million in equity and loan loss allowances on hand to cover it. This gives Bmi Credit Union a Texas Ratio of 15.92% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bmi Credit Union held steady from 16.39% as of December 31, 2010 to 15.92% as of December 31, 2011, resulting in a positive change of 2.83%.This indicates that the balance sheet and financial strength for Bmi Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Bmi Credit Union has increased its total deposits by $8.36 million, resulting in 2.86% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bmi Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bmi Credit Union has $370.78 million in assets with $33.84 million in equity, resulting in a capitalization level of 9.13%, which is average.

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