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Important note: In the aftermath of Hurricane Helene, MIT FCU is here to help. If you have been affected by the storm and need support, please get in touch with Member Services at (781) 423-2022 or email us at info@mitfcu.mit.edu.

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Here to help you reach your goals

MIT FCU is here to support our students with a variety of services.

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Special benefits just for students.

At MIT FCU, we understand students' unique banking needs. We're here to help you achieve your academic goals today, and will continue to be there for your future financial needs.

 

 

 

Students choose MIT FCU for:

  • One on-campus branch
  • Eight on-campus ATMs
  • Checking account specifically designed for students
  • Customizable student loans
  • Lifetime membership

Apply for membership

 

 

Student Checking Account

This account is specifically for students aged 16 to 23. In High School or away from home at college, we have you covered.

  • One free incoming wire per semester
  • No fee for overdrafts under $10.00
  • Up to 8 free withdrawals/month at any ATM
  • Free replacement Mastercard debit/ATM card (up to 2 free per year)
  • Free cashier's checks
  • No minimum balance
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Invest in your education with a student loan.

MIT Federal Credit Union understands how important affordable education is. That's why we partnered with Student Choice to provide guidance and flexible solutions for your undergraduate education.

Apply now, borrow later

Determining your college funding needs may be a challenge. Even if you're unsure of the college you'll be attending or the loan you'll need, you can establish your private education line of credit today.

Learn more

Refinance your student loan

Refinance and consolidate your current private and federal student loans (including PLUS loans) into one manageable loan. You may find a better rate while consolidating your payments.

Learn more

Ready to join?

To open you will need:

  • Social Security number
  • Driver’s license or government ID
  • Current home address
  • Credit card or bank account and routing number to fund your account

Apply for membership

Note: You’ll need these for any joint owners you’d like to add.

If you don't have a social security number, you can still apply.

Begin with a savings account.

A savings account (called a savings 'share' account) with a $5 minimum balance is required to establish and maintain membership. That $5 represents your ownership share in the Credit Union because once you become an MIT FCU member, you also become an owner.

Branches & ATMs

With one on-campus branch and eight on-campus ATMs, you'll find an MIT FCU location whenever you need us. Visit our branch locator to find a location, get directions, and view business hours.

Branch locator
 

 

Bank when and where you want.

With mobile and online banking, two convenient branches on campus, access to over 30,000 ATMs, and 5,000 branches nationwide.

Download our highly rated mobile app!4

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Financial Wellness

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The Credit Union Difference

We are not a bank, and that's an advantage for our members. As a credit union member, here's how you benefit.

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At credit unions, members are owners; we answer to them, not investors. Each member has equal ownership.

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Thanks to the CO-OP branch network, you can access over 30,000 fee-free ATMs and over 5,000 branch locations nationwide.

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Credit unions are not-for-profit cooperatives that give back to their members with great savings rates and lower loan rates.

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Throughout the history of U.S. credit unions, taxpayer funds have never been utilized to rescue a credit union.

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Credit union deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), a federal government agency.