Updated 6/8/20: Our Lincoln Laboratory and Student Center branches remain closed. Our Tech Square branch is open Monday - Friday 8:30 am - 4 pm. Appointments are encouraged. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19Support for more information.

FRAUD ALERT: Fraudsters have been sending out counterfeit cashier’s checks and money orders appearing to be issued by MIT Federal Credit Union. If you received one of these checks in payment for services as a mystery shopper, please do not cash or deposit, and do not send money to the company sending the check! Read more here.

Smart Money Rewards

When you use direct deposit with an MIT Federal Credit Union Checking Account, you qualify* for Smart Money Rewards that enhances the value of your membership. There are no fees associated with this program, and the benefits add up immediately:

  • Receive a 0.25%** dividend rate increase on any new or renewed Share Certificate or IRA Share Certificate
  • Receive a 0.25%** interest rate reduction when you select automatic payments on a new consumer loan, excluding Visa®, Home Equity Loans, and Mortgages
  • Reimbursement up to $5 in ATM surcharges each month when you use an out-of-network ATM
  • Replacement of your lost, stolen, or damaged MIT Federal Credit Union ATM, Debit MasterCard®, or Visa® credit card free of charge
  • Receive free orders of basic, single checks when you contact us

*To qualify for Smart Money Rewards, you must have an active checking account and  a minimum of $100 monthly in direct deposit funds to your MIT FCU checking account. If at any time MIT FCU no longer receives at least $100 per month via direct deposit, or if your Checking Account is closed or becomes inactive (zero transaction[s] within the past 90 days), the rate on increased Share Certificates will be reduced 0.25% and the rate on discounted loans will be increased by 0.25%, and you will no longer receive any of the benefits associated with Smart Money Rewards.

**Maximum dividend rate increase and/or annual percentage rate reduction is 0.50% in combination with other offers.