Non-Sufficient Funds/Overdraft (NSF/OD) Protection Lines of Credit safeguard your MIT FCU checking account. If you overdraw your personal checking account, this line of credit advances the money necessary to cover your purchase or withdrawal, up to your credit limit.

• Secure a low, fixed rate to save money
• Choose a line of credit from $500 - $25,000 ($25K max includes all personal loans)
• Write yourself a check against the line of credit or transfer the money to your MITFCU account whenever you need it
• You can also set up a share to share overdraft option, which will automatically move money from your savings account to your checking account (if funds are available in your savings).
• Choose optional coverages, such as Credit Life Insurance and Credit Disability Insurance

Yes. In most cases the first $225 will be available on the day of your deposit, but there are various holds set on funds depending on source, total deposited, etc. Please see our Funds Availability Policy for more details.

https://www.mitfcu.org/About/Account-Agreements-and-Disclosures/Funds-Availability-Policy.html

There is no fee for opening a checking account. However, fees may be assessed for different uses of your checking account. View our fee schedule here.

Notify the credit union at once if you believe your checks have been lost or stolen by calling 781-423-2022.