Sep, 30, 2025 — BMI FEDERAL CREDIT UNION is a federal credit union headquartered in DUBLIN, OH with 5 branch locations and about $709.45 million in total assets. Opened 90 years ago in 1936, BMI FEDERAL CREDIT UNION has about 46,644 members and employs 108 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BMI FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6165 Emerald Pkwy DUBLIN, OH 43016-3248 |
| Phone: | (614) 707-4000 |
| Fax: | (614) 707-4195 |
| Website: | https://www.bmifcu.org |
| Branches: | 5 branch locations |
| Members: | 46,644 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1199 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $709,446,098 |
| CEO/Manager: | William P Allender |
| Chairperson: | Brad E Ashbrook |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,354,805 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 311,360,811 |
| Unsecured Loans | 25,532,611 |
| Other Loans | 201,312,023 |
| TOTAL LOANS | 538,205,445 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,403,598 |
| Land And Building | 13,122,442 |
| Other Fixed Assets | 853,308 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,378,023 |
| All Other Assets | 222,122 |
| TOTAL ASSETS | 709,446,098 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 995 |
| Notes & Interest Payable | 30,500,000 |
| Accounts Payable & Other Liabilities | 4,618,621 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 97,480,465 |
| Regular shares | 95,056,821 |
| All Other Shares & Deposits | 410,653,361 |
| TOTAL SHARES & DEPOSITS | 603,190,648 |
| TOTAL LIABILITIES | 638,310,264 |
| Regular Reserve | 0 |
| Other Reserves | -658,478 |
| Undivided Earnings | 71,794,312 |
| TOTAL EQUITY | 71,135,834 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 709,446,098 |
| INCOME & EXPENSE | |
| Loan Income | 21,000,935 |
| Investment Income | 3,475,992 |
| Other Income | 1,163,301 |
| Total Employee Compensation & Benefits | 8,522,522 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,735,407 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,176,874 |
| Cost of Funds | 9,911,523 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,364,360 |
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