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MIT Federal Credit Union

Engaged Employer

MIT Federal Credit Union reviews

2.6

27% would recommend to a friend

(13 total reviews)

Rui F. Domingos

51% approve of CEO

28% positive business outlook

Reviews by job title

13 reviews
2.0
Sep 12, 2014

Great place for a stop NOT a stay!

Recommend
CEO approval
Business Outlook

Pros

The best part about being an employee of the credit union is the relationship that the organization has with the university. As a result of this relationship, all of the benefits and opportunities that employees of the university are given are yours as well. Co-workers are pleasant and friendly. The location is great- right in Kendall Sq., within walking distance of Central Sq.

Cons

Challenges of working at the credit union are that management, for the most part, haven't been anywhere else and have no knowledge of best practices or alternatives to what they've always done. This also means that you know exactly how far you'll go, they're all waiting to hit their retirement number and cash out-- they're not going anywhere anytime soon! Also, there is a weird relationship between senior management, managers and staff that do not allow for critical information to flow up to the CEO. This means when you find out about a decision, you question what was used as the facts to come to that conclusion, because critical information that would shape the decision was not told to the CEO. They have grown organically, despite their lack of structure and organization and at some point, they will no longer be able to sustain it!

3.0
Jun 19, 2014
Recommend
CEO approval
Business Outlook

Pros

the atmosphere is very nice and colleagues are friendly and the environment is is familial, they also have good benefits

Cons

boring work and the senior management is the worst

2.0
Jul 18, 2013
Recommend
CEO approval
Business Outlook

Pros

Benefits, affiliation with university is very good. Salary and 401(k), with excellent time off

Cons

Hard to keep good, educated talent. Simple decisions seem to disappear into a 'black hole'. Most employees have no comparison of how other organizations work; tunnel vision. Time is spent on the 80% of issues that should take 20% of its energy

Viewing 10 - 12 of 13 Reviews

Glassdoor has 13 MIT Federal Credit Union reviews submitted anonymously by MIT Federal Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if MIT Federal Credit Union is right for you.