Mit Federal Credit Union Salary

As of August 2026, the average annual salary for employees at Mit Federal Credit Union in the United States is $96,565. This translates to an approximate hourly wage of $46. Salaries at Mit Federal Credit Union typically range from $84,676 to $109,610 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mit Federal Credit Union Pay for Different Roles?

Explore detailed salary information for specific jobs at Mit Federal Credit Union. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Mit Federal Credit Union.
Loading results...

About Mit Federal Credit Union: Company Profile

Website
www.mitfcu.org
Founded In
1940
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
CAMBRIDGE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mit Federal Credit Union's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I've appreciated the supportive leadership and ample learning opportunities. It's rewarding to see our collective efforts pay off for our clients. What impresses me most is the culture of mutual respect and continuous learning. It's fulfilling to be part of an organization that genuinely cares about its reputation and client satisfaction. Continuous learning culture with many resources.
The work-life balance is respected, and the company encourages innovation. Their expertise is evident in strategic decisions. The company supports ethical practices but doesn’t always recognize individual achievements. Mental health coverage is robust. Limited flexibility in some scheduling areas. Colleagues share knowledge freely, creating a culture of transparency and teamwork.
The culture encourages innovation and teamwork, with many chances to lead projects and grow skills. This financial services organization is a leader in both innovation and employee satisfaction. Colleagues are dependable and collaborative. There's a strong emphasis on delivering quality service to our clients, and this shared commitment brings a sense of pride to our work.

Is Mit Federal Credit Union’s Pay Competitive? Salary Benchmarking Analysis

How does Mit Federal Credit Union's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MSPONLINE $91,113
-5.6%
Normalized for lower cost-of-living zones where MSPONLINE primarily operates.
MIDAMERICA BANK $89,360
-7.5%
Reflects market rates for standard general contracting, differing from specialized roles.
MARTHA'S VINEYARD SAVINGS BANK $90,356
-6.4%
MARTHA'S VINEYARD SAVINGS BANK operates with a leaner overhead structure, impacting base wage offers.
MALVERN BANCORP, INC. $89,990
-6.8%
MALVERN BANCORP, INC. likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $121,514
+25.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Cambridge?

Understanding the cost of living near Cambridge is key to truly evaluating a salary offer or your current compensation at Mit Federal Credit Union.
Cambridge's Cost of Living Index is approximately 197.8 (97.8% more expensive than US average; 49.2% more than MA average). Home to Harvard/MIT, extremely high housing costs, very high overall expenses. MBTA. When planning your budget based on a salary from Mit Federal Credit Union, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,200+ A significant portion of Mit Federal Credit Union salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $460 - $880+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,650 - $7,270+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Mit Federal Credit Union

FAQ 1: What is the typical salary range (low to high) for most roles at Mit Federal Credit Union?
The typical annual salary range for most roles at Mit Federal Credit Union is approximately from $84,676 to $109,610. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Mit Federal Credit Union pay compared to MSPONLINE?
The average annual salary at Mit Federal Credit Union is $96,565, or an hourly wage of $46, in comparison to MSPONLINE which pays $91,112 per year or $44 per hour.
FAQ 3: How does experience level affect salary at Mit Federal Credit Union?
Experience level is a significant factor in determining salary at Mit Federal Credit Union, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Mit Federal Credit Union in Cambridge is fair given the local cost of living?
To determine if a salary offer from Mit Federal Credit Union in Cambridge is fair, first compare the gross salary to our data for similar roles at Mit Federal Credit Union and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cambridge" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Mit Federal Credit Union?
Salary increases at Mit Federal Credit Union are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.