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.

Non-Sufficient Funds/Overdraft Protection Lines of Credit

Non-Sufficient Funds/Overdraft (NSF/OD) Protection Lines of Credit safeguard your MITFCU checking account. If you overdraw your personal checking account, this line of credit advances the money necessary to cover your purchase or withdrawal, up to your credit limit.

  • Secure a low, fixed rate to save money
  • Choose a line of credit from $500 - $25,000 ($25K max includes all personal loans)
  • Write yourself a check against the line of credit or transfer the money to your MITFCU account whenever you need it
  • Choose optional coverages, such as Credit Life Insurance and Credit Disability Insurance

An Overdraft Protection Line of Credit provides cost-effective peace of mind so you avoid the hassles and embarrassment of an overdraft.

  • Protects you against bounced checks and associated fees, and covers you when unexpected expenses arise
  • Pay monthly on the amount you borrow, plus that interest - not the entire line of available credit
  • Access funds easily through e-Branch 
  • Smart Money Rewards members receive a 0.25% Annual Percentage Rate discount
  • No processing or servicing fees

When applying for an Overdraft Protection Line of Credit, please include a copy of a recent pay stub, W-2 or income tax return for income verification.