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A Message from MIT FCU's President & CEO

March 14, 2023

In light of recent events occurring in the banking industry, we write to you today to assure you that MIT Federal Credit Union is a financially sound organization with a strong capital position. MIT FCU has a long history over the past 83 years, providing our members with financial products and services while operating our business safely and soundly.

At MIT FCU, we understand the faith and trust you put in our organization when you choose to do business here, and we take that responsibility very seriously. In return, we’re proud to provide our members peace of mind, knowing we have and will continue to operate safely and soundly with our Member’s best interests in mind.

As a federally insured credit union, your deposits are protected by the National Credit Union Share Insurance Fund (NCUA). The NCUA Share Insurance Estimator can be used to calculate the insurance of all types of credit union deposit accounts. 

If you have any questions or concerns, please don’t hesitate to email us at info@mitfcu.mit.edu.

Additional Resources:

Sincerely,

Rui F. Domingos
President & CEO

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