Teen Accounts
Some of the most valuable lessons your teen can learn about personal finance won’t come from a book or article, it will come from experience! Help your teen take charge of their finances with a Teen Savings Account at BMFCU and watch them learn skills they will use their whole life! Teen Accounts are for high school students under 19 years of age.
Checking Account & Debit Card
Your next step to learning how to take charge of your finances. A checking account is a type of bank account that allows you to deposit and withdraw money and is often used for everyday transactions. You can access your checking account using a debit card to pay for purchases or at an Automated Teller Machine (ATM) to withdraw money.
A parent or guardian must be a joint member on a teen checking account.
Direct Deposit
Even when you can’t get to the branch, your money can – when you elect to have your paychecks directly deposited into your BMFCU savings or checking account. To get started, provide your employer our routing number (222079424), and your account number.
Access your Accounts
- Free Online & Mobile Banking – access your account on a mobile device or computer: see account history, make/schedule transfers, set up eAlerts, and more! Enroll here or call 716.847.6960 for assistance. Download mobile banking in the Apple Store, or Google Play.
- Free Mobile Check Deposit – Snap a photo of your check with your smartphone and send it safely and securely into your account. A checking account & debit card are required to use mobile check deposit. Call 716.847.6960 to enable mobile check deposit.
- ATM Access – 85,000 surcharge free ATMs available nationwide. Use our mobile app or find an ATM near you here or use our mobile app.
- Branches – Make deposit & withdrawals at over 5,000 Shared Branches. Call 800.976.4917 or find a shared branch near you.
Ways to Grow Your Money Faster
- Share Certificate – A Share Certificate is a type of savings account that pays higher interest rates than regular savings accounts. You agree to deposit a certain amount of money for a fixed period of time, usually from six months to five years. In return, you earn more dividends on your balance. See rates and terms here >
- Money Market Accounts – Earn more dividends than a savings account, but requires a higher average daily balance. See rates here >
- Coverdell ESA – Grow your child’s savings account to pay for college expenses! Make contributions on behalf of your child until they reach 18 and the earnings remain tax free! Learn More >
Scholarships
BMFCU offers members who are high school seniors two (2) opportunities to win a scholarship for each upcoming scholastic year.
- Inspiring Unity Scholarship – Application available October 2025
- New York Credit Union Association’s (NYCUA) College Scholarship Program – Application available October 2025
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- With just one application, college-bound members can easily apply for three scholarships:
- The NYCUA Statewide College Scholarship
- BMFCU’s Scholarship – one (1) member from BMFCU is guaranteed to win
- The Tri Chapter scholarship
- With just one application, college-bound members can easily apply for three scholarships:
