Effective 3/18/20, our branches are closed. Our Tech Square branch is available by appointment Monday – Friday 8:30 am – 4 pm. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19Support for more information.


MIT Federal Credit Union is monitoring updates and guidance provided by the Centers for Disease Control (CDC), the Massachusetts Department of Public Health, and Massachusetts Institute of Technology in making decisions regarding hours, service and special programs/offers.


  • Branches are cleaned thoroughly on a daily basis.
  • Hand sanitizer is available for members and staff. 
  • Employees with signs of illness are encouraged to stay home
  • We’ve asked employees to take added measures in prevention by keeping their hands and workstations clean.
  • Encourage our employees to practice social distancing.
  • We are holding company-wide participation events virtually.
  • Cancelled event participation until further notice.
  • We’ve eliminated nonessential business and personal travel for our employees.
  • We’ve decreased the number of employees in office to do our part in flattening the curve.
  • You too can help stop the spread of germs by following CDC guidelines.




Online Banking

Mobile App

Mobile Check Deposit

MITFCU & CO-OP Network ATM’s

Shared Branching


Branch Access:

Tech Square Branch – Open Monday – Friday from 8:30 am - 4 pm, by appointment only (Branch & ATM). Please call 617-253-2845 to schedule an appointment. Face coverings are required for all branch visits. For everyone’s safety there will be no exceptions.

Lincoln Lab Branch - Closed. ATM’s are available to employees with access to the Lincoln Labs

Student Center Branch - Closed

Contact Us:

Contact Center - Available from 8 am - 5 pm Monday through Friday
Please call 617-253-2845 or toll-free at 855.MIT.CU4U (855.648.2848) or via email at mitfcu@mit.edu for general questions or concerns.



If you are impacted by pandemic-related financial hardship please consider the following options:

Skip-A-Payment Options

With no fee involved, you can skip a payment on a consumer loan or home equity line/loan if you are experiencing financial hardship due to COVID-19.

How to apply

Student Loans

If you are having difficulty making student loan payments at this time, please email cucollections@mit.edu. 

Mortgage Assistance

If you are having difficulty paying your mortgage, please email mortgage-mitfcu@mit.edu.

For appointments related to loans/loan closings, please contact our Lending department at loans-mitfcu@mit.edu

Emergency Loan

A loan created to assist those negatively impacted by COVID-19.

Email us today to discuss this option: loans-mitfcu@mit.edu

Please do not include member, social security and loan numbers in your email. 

MIT Employee Financial Assistance

A special program created to support MIT employees.

  • Maximum loan amount $5,000 for active MIT employees.
  • 3.50% APR** for up to 36 months. 
  • First payment deferred for 90 days (example: loan funded on 4/30 would have first payment due 7//31)
  • Visit mitfcu.org/mitassist to learn more

CARES Act - Paycheck Protection Program Loan

MIT Federal Credit Union (MIT FCU) supports our community. As part of that support, together with the Small Business Administration (SBA) we are now accepting applications for the Paycheck Protection Program (PPP). This program provides funding for small businesses to assist with up to 8 weeks of payroll costs as well as employee benefits, to assist you in retaining your employees. Read more about the program and application process now.


Pandemic related scams are on the rise

From malware-laden emails to fake donations, to scammers looking to take advantage of people waiting for stimulus checks, you need to be aware of scammers taking advantage during the current public health crisis. There has also been a surge in criminal activity on mobile channels - from misinformation spread through chat groups, to malicious fake coronavirus tracking apps that can take control of your phone, and phony government relief scam texts. 

Just remember, be cautious 

  • Never click on links from texts or emails you weren’t expecting.
  • Be wary of anything that triggers your emotions, good or bad.
  • Avoid clicking on links in WhatsApp or other channels.
  • Only trust reputable sources and if in doubt, verify.

Please read about COVID-19 related scams here.


*APR = Annual Percentage Rate. 0.00% APR is for a 60-day loan term with no periodic payments, and one “balloon payment” payment equal to the original balance of the loan on the 60th day. Payment example for a 60-day 0.00% APR term loan is one payment of $1,000 per $1,000 borrowed. No pre-payment penalty. If the loan is not paid in full by the 60th day, the borrower may request that the balance be applied to a personal term loan with no additional credit application. Please see mitfcu.org/rates for available rates and terms. Offer is valid from 3/20/2020 and may be terminated at any time without prior notification.

**APR = Annual Percentage Rate. Payment example for a $5,000 loan with an APR of 3.50% is 36 monthly payments of $146.51. No prepayment penalty. Only one outstanding Employee Assistance Loan is available per membership. This offer is available for a limited time and may be discontinued at any time without notice.