Updated 8/20/20: Our Tech Square branch is open by appointment: Mon, Tue, Wed, and Fri 8:30 am - 4:30 pm, and Thu 8:30 am - 5:30 pm.  Our Lincoln Lab branch is open Tue and Wed, 8:30 am - 4:00 pm. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19Support for more information.

Our Lincoln Lab branch will closed for the entire week of Thanksgiving and will reopen for regular hours on Tuesday, December 1st at 8:30 am.


MIT Federal Credit Union provides free online payroll services that automatically transfer all or some of your paycheck toward specific accounts and debt obligations through direct deposit and payroll allocation.

Direct Deposit Automatically Processes Your Checks

  • Paychecks, pension and Social Security checks can be electronically deposited into your MITFCU account
  • Choose between one-time and recurring deposits
  • Signing up for direct deposit qualifies you for the benefits of our Smart Money Rewards program

    (The MIT Federal Credit Union routing number 211381754 and your account number are needed for your Direct Deposit request form.) 

Payroll Allocation Simplifies Loan Payments and Savings Deposits

  • Your loan payments and savings deposits can be automatically withdrawn from your paycheck if you work for MIT, Whitehead Institute or the Charles Stark Draper Lab

MIT Federal Credit Union's free Payroll services are invaluable tools helping you manage your money conveniently and smartly.

  • Saves time by eliminating trips to MITFCU branches to deposit checks
  • Provides enhanced security by avoiding checks sent through the mail
  • Helps you meet your financial goals by reducing temptations to spend
  • Delivers peace of mind knowing funds are automatically deposited into savings or checking account and loan payments are made