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People Helping People

MIT Federal Credit Union is committed to helping our communities not only by providing valuable financial products and services, but also by extending the credit union's "people helping people" philosophy to multiple areas of life. Because we are entrusted with safeguarding our members' money, we are responsible to make prudent decisions regarding our corporate citizenship efforts. Requests for assistance must quantify the benefits the contributions will provide to the recipient(s) and the community in general; and must fall within one of the defined contribution categories:

  • Charitable Donations
  • Scholarships — cash awards distributed throughout the educational system
  • Partnerships with Other Organizations
  • Financial Literacy — programs geared toward improving basic financial knowledge

MIT Federal Credit Union is currently supporting these events, functions and charities:

Charitable Donations to the Local Community

Cambridge Family & Children's Services
Cambridge Family YMCA
Cambridge Health Alliance
Cambridge Housing Assistance
The Children's Room
Consumer Credit Counseling Service of Southern New England (CCCS)
Dana Farber Cancer Institute
The Home for Little Wanderers
The Cambridge Community Foundation for the Kendall Community Group
The Food for Free Committee, Inc.
March of Dimes
MIT Community Service Fund
MIT Public Service Center
New England Shelter for Homeless Veterans
Pine Street Inn
Solutions at Work

Charitable Donations to the Credit Union Industry

Credit Union House at Capitol Hill
EasCorp
Filene Foundation
International Credit Union Day
Massachusetts Credit Union League
NAFCU/PAC Administrative Fund

Awards/Scholarships

MITFCU Annual Memorial Scholarship
MITFCU People Helping People Award

Financial Literacy

Home buying seminars
Independent Activities Period
MEMBERS Financial Services program
MIT International incoming freshman
Money 101: A Financial Guidebook for MIT Students

Partnership with Other Organizations

CO-OP - worldwide, CU-owned ATM network
FSCC - international shared branching network
National Consumers Cooperative Bank - provides financial assistance and cooperative housing
Prime Alliance Solutions, Inc - partnership of over 500 credit unions providing mortgage solutions for members

In addition to the aforementioned, MITFCU partners with many organizations both within the credit union industry and the community it serves to provide affordable financial services to its members and the underserved nonmember.

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