Online Banking Security

Encryption is one of the basic tools used to ensure Internet security. Encryption involves exchanging numbers between the end user's browser and the online banking server. The numbers act as keys to "unlock" the connection between browser and server, much like numbers on a combination lock. The higher the number of combinations, the less likely an outside party could decipher the key and access sensitive information.

Our members' privacy and account security are priorities to MIT Federal Credit Union, and we encourage you to follow some simple guidelines to add to that protection.

  • Never reveal your password to anyone for any reason.
  • Take advantage of the case sensitive aspect of our password program by alternating upper and lower cases, e.g., AbCCdsF.
  • Change your password (in User Options) every six months.
  • Use the Log Off button to end a session. Do not use the back key.
  • Do not set your Time Out Sessions (User Options) for too long a time frame.
  • Change your password whenever you delete a signer from your account.
  • Balance your account monthly, at a minimum, so any discrepancies can be reported in a timely manner.

Beyond those tips, we take these steps to maintain online security.

We use password verification to ensure user authorization for online banking. For added security, if a password is entered incorrectly five times, we automatically lock the account.

All of our systems are secured with multiple layers of encryption, firewalls, screening and filtering routers, intrusion detection, strict authentication, and virus protection.

Our online banking section is automatically secured/encrypted. To determine if a session is secure, check for the lock icon. If the lock is closed, the section of the site you are on is secure. If the lock is open, it is not secure. You may also look at the "address" of the page you are on. If the address has https, the "s" indicates the page is secure.