Below, you’ll find current MIT FCU news, press, and upcoming events. Learn more about our history, mission, and membership on our about-us page.
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Solutions 2.0 - March Edition
Each month our newsletter features solutions, suggestions, and resources for our members.
Read the latest edition of Solutions 2.0 here.
Remote Deposit Capture is getting a new name!
Remote Deposit Capture (RDC) is now called Mobile Check Deposit (MCD). It's the same great service you've come to know and use, just under a new name. Learn more here.
US Postal Service First-Class Mail Delivery Times Have Changed
Beginning in October, the USPS has officially changed first-class mail delivery times. Time for 1st Class mail has gone from 1 - 3 days, to up to 5 days from some areas. Please keep this in mind and consider using mobile or online banking to make your payments. You can also go paperless rather than waiting to receive statements or payment coupons/bills in the mail. Looking to deposit a check? Don't mail it, use Mobile Check Deposit instead and that check will be deposited into your MIT FCU account and you'll receive an email confirming the deposit when complete.
Our Student Center Branch is Now Open
Our Student Center branch is now open Monday, Wednesday and Friday from 9 am - 4 pm. We also have both Virtual Teller Machines (VTM) and ATM machines available.
New VTM (Video Teller Machine)
We are happy to announce that our newest VTM is up and running in the lobby of MIT FCU headquarters, located at 70 Westview St., in Lexington, MA. You can perform ATM and Teller assisted transactions, and speak to one of our representatives using the VTM.
Student Talk Blog Series
We're excited to announce a student-generated content series on our Blog, called Student Talk. In early 2021, we offered a writing internship as part of MIT's Independent Activities Period (IAP) and collaboration with the Priscilla King Gray Public Service Center (PKG). The result is our Student Talk Blog series!
Our first writing intern was MIT engineering student Nathan Liang, who chose to write for an audience for whom financial education can be hard to come by: lower-income students and underserved, marginalized, and unbanked minority communities.
Mr. Liang crowdsourced content for ideas, viewpoints, and stories and also shared his personal experiences. He produced ten posts covering budgeting, building credit, home buying, navigating the US health care system, and more.
You can view all of the Student Talk posts here:
- STUDENT TALK What My Top Surgery Taught Me About Medical Bills
- STUDENT TALK Financial Planning: Where do I start?
- STUDENT TALK How do I deal with US healthcare?
- STUDENT TALK 9 Types of Insurance to Know
- STUDENT TALK Adulthood: Renting and Loans
- STUDENT TALK Homebuying 101
- STUDENT TALK The Holy Trinity: Banking, Budgeting, and Saving
- STUDENT TALK What even is a credit score?
- STUDENT TALK 5 Key Factors About Credit Cards
- STUDENT TALK What if my credit score is zero?