Yes. If you are an MIT employee, log into Atlas, go to "About Me" / "Direct Deposit Preferences," and choose a direct deposit preference. If you are not an MIT employee setting up direct deposit is done through your employer. 

No, MIT Federal Credit Union does not offer safety deposit boxes at this time.

No, we do not offer business loans as an ongoing product, but this is a forthcoming product. Please keep checking back with us for more information.

Please visit our careers page for the most up-to-date job opportunities available at the credit union.

Yes. For additional information on wire transfers (incoming and outgoing) please visit our dedicated Wire Transfers page.

MIT FCU does not accept utility bill payments at this time.

Sign into your account on e-Branch and then click on the Secure Forms drop down to change the address on your account.

Your money is insured by the National Credit Union Administration (NCUA), an independent agency of the United States Government. Your savings is federally insured up to $250,000 and backed by the full faith and credit of the United States Government.

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Membership is available to any MIT Staff, Faculty, Students (grad and undergrad) and many businesses affiliated with MIT. We also offer membership to a number of businesses in the Kendall Square area.

If you qualify for membership, that means the following family members also qualify: spouse, child, sibling, parent, grandparent, grandchild, stepchild, step-sibling, stepparent, and adoptive relationships. Spouses of persons who died while within our field of membership are also eligible.

In addition, people living in the same household with eligible members are eligible for membership.

Joining the credit union? Why not make it a family event? We've got financial education opportunities for pre-school through college, lots of great resources to assist with financial decisions at every stage of life, and no matter where you go, your account is accessible 24/7 via online, mobile and through CO-OP Network and Shared branches around the country. 

No, we do not exchance foreign currency bank notes. We can accept foreign check deposits and send them to our foreign items clearing agent, EasCorp, for processing. Foreign check deposits can take 6 to 8 weeks to clear, and MIT FCU is NOT responsible for any fees and/or exchange rate differences.

Yes, we do offer notary services. Please call our main line at 781-423-2022 to check availability for the day the notary service is needed, walk-ins welcome.

No, we do not offer travelers checks or money orders. We offer official checks to our members. Shared branch members can also request an official check accompanied with a $5 fee. Member must provide the payee and the amount of the check.

Credit unions are non-profit and exist to help people, not to make a profit. As such, all earnings are returned to their members in the form of high-interest savings and low rate loans.

A volunteer board of directors, elected by the members, governs a credit union. With their vote, each member has a direct impact on the direction of the credit union. Also, "people helping people" is the credit union philosophy.

A credit union's goal is to serve all of their members equally and provide charitable contributions to their community. Credit unions are owned by their members. Each member gets one vote and an equal say in how the credit union is run.

Personal check stop payment requests may be received in person, by contacting MIT FCU by; phone, mail, email, or via fax

Stop payments on cashier checks require a Cashier's Check Indemnification Agreement form to be completed. The form needs to be notarized then emailed to operations@mitfcu.mit.edu

Please provide the following information for any check stop payment; check number, check amount, check date, who the check was made payable to, and who it was received by. The stop payment fee is $30. Once a stop payment has been placed, it can not be edited, it can only be deleted.

Minors under the age of 18 can not apply for a loan or credit card at MITFCU. Once a member turns 16, they are eligible to request their own debit card with an adult that is joint on the account.

As of January 1, 2012, paper savings bonds are no longer sold at financial institutions. This action supports Treasury’s goal to increase the number of electronic transactions with citizens and businesses. Click here for details about purchasing savings bonds electronically.

MIT FCU does not cash savings bonds. You can find information and a guide on how to cash saving bonds at TreasuryDirect.gov.