|
Your Deposits are Safe and Secure at BMI
Safety and soundness issues have really hit center stage
in the banking world over the last few months. We want to assure
you that your deposits at BMI are safe, sound, and federally
insured! More
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 with excess deposit
insurance protection from Excess Share Insurance (ESI), a subsidary
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, 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.
Additional
information about the NCUA increase in Retirement Insurance Coverage

|