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:

Text Message Scams | Credit Union Fraud | BMI FCU Jul 19, 2022

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…
Protect Your Identity | Personal Security Tips | BMI FCU Aug 6, 2018
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…
Visa Chip Technology | Credit Union Credit Cards | BMI FCU Aug 6, 2018
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…
Report Fraud in Central Ohio | BMI Federal Credit Union Mar 16, 2018
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, 2018
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: 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…