MASS. INSTITUTE OF TECH. Credit Union Profile

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MASS. INSTITUTE OF TECH.

Charter #3830 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (781) 423-2022

Fax: (617) 258-5709

Founding Date: N/A

Website: http://www.mitfcu.org

Personnel & Operations

President: Winig, Steven

Manager: Domingos, Rui

FT Employees: 87

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 15.39%

Membership Type: 34

Branches: 4

Hours: 8:30a.m.- 4:30p.m. M-F

Credit Union Profile Summary

MASS. INSTITUTE OF TECH. is a FCU Credit Union. With a total of 34,500 members [1], this institution manages approximately $708,320,663 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.89% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.41% [1].

Financial Snapshot

Total Assets [1]
$708,320,663

Total economic resources.

Total Loans [1]
$542,560,062

Total value of outstanding loans.

Total Deposits [1]
$635,367,393

Total funds deposited by members.

Members [1]
34,500

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.89%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.43%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
85.39%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 0.33%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -6.41%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.88%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

70 Westview St

Lexington, MA, 02421-3142
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 4 branches reported by MASS. INSTITUTE OF TECH. (Charter #3830).

Main Office

Main Office Main Office

Type: Corporate Office

70 Westview St

Lexington, MA 02421-3142

Phone: (617) 253-2845

Services: Member Services, ATM

Open in Directions

Additional Branches

Cambridge

MIT FCU Tech Sq. Branch

Type: Branch Office

700 Technology Sq

Cambridge, MA 02139-3557

Phone: (617) 253-0010

Services: Member Services, ATM

Open in Directions

MIT Student Center Branch

Type: Branch Office

84 Massachusetts Ave

Cambridge, MA 02139-4300

Phone: (617) 324-1349

Services: Member Services, ATM

Open in Directions

Lexington

MIT Lincoln Laboratory Branch

Type: Branch Office

244 Wood St # LINA-100

Lexington, MA 02421-6426

Phone: (781) 981-0821

Services: Member Services, ATM

Open in Directions