BMI Federal Credit Union
Truth in Savings Certificates
Share Certificates and IRAs are short and long-term savings products to make savings easy. Below are the current rates and Truth in Savings Disclosure.
Truth in Savings Certificate
| Product |
Term in Months |
Minimum |
Rate |
APY1 |
| 3 Month Share Certificate |
3 Months |
$500.00 |
2.00% |
2.02% |
| 6 Month Share Certificate |
6 Months |
$500.00 |
2.72% |
2.75% |
| 12 Month Share Certificate |
12 Months |
$500.00 |
3.26% |
3.30% |
| 18 Month Share Certificate |
18 Months |
$500.00 |
3.36% |
3.40% |
| 24 Month Share Certificate |
24 Months |
$500.00 |
3.45% |
3.49% |
| 30 Month Share Certificate |
30 Months |
$500.00 |
3.45% |
3.49% |
| 36 Month Share Certificate |
36 Months |
$500.00 |
3.55% |
3.60% |
| 42 Month Share Certificate |
42 Months |
$500.00 |
3.55% |
3.60% |
| 48 Month Share Certificate |
48 Months |
$500.00 |
3.64% |
3.69% |
| 54 Month Share Certificate |
54 Months |
$500.00 |
3.64% |
3.69% |
| 60 Month Share Certificate |
60 Months |
$500.00 |
3.74% |
3.79% |
Certificate rates effective 2:30 pm on Friday, January 6, 2023
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.
Truth in Savings Certificate
| Product |
Term in Months |
Minimum |
Rate |
APY1 |
| 24 Month Bump Certificate ++ |
24 Months |
$500.00 |
3.16% |
3.20% |
| 36 Month Bump Certificate++ |
36 Months |
$500.00 |
3.35% |
3.39% |
Bump rates effective 2:30 pm on Friday, January 6, 2023
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.
Truth in Savings Certificate
| Product |
Term in Months |
Minimum |
Rate |
APY1 |
| Youth Certificate |
12 Months |
$50.00 |
3.75% |
3.80% |
Youth Certificate rates effective 2:30 pm on Friday, January 6, 2023
1 APY = Annual Percentage Yield. Rates are subject to change without notice. Fees such as a penalty for early withdrawal may reduce earnings.
