Mass. Institute Of Tech. Credit Union

About Mass. Institute Of Tech. Credit Union

Mass. Institute Of Tech. Credit Union Location

700 Technology Square
Cambridge, MA 02139-3586

Phone: (617) 253-0091
Website: www.mitfcu.org
Routing/Transit Number: Not Available

Mass. Institute Of Tech. Credit Union Information

Mass. Institute Of Tech. Credit Union of Cambridge, MA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 24153 members and assets of $238,427,347, as compared to the national average of $93 million dollars of assets per credit union. Mass. Institute Of Tech. Credit Union, first opened in 1940 and has been in operation since then. Additionally, Mass. Institute Of Tech. Credit Union has 52 full time employees and 2 part time employees, or 447.277777778 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Mass. Institute Of Tech. Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Mass. Institute Of Tech. Credit Union is a not-for-profit, cooperative, tax-exempt organization.