Harvard Employee Credit Union: 5,000+ Members, $1B+ in Assets

About Harvard Employee Credit Union

Harvard Employee Credit Union (HECU) is a not-for-profit financial cooperative owned by its members. Founded in 1930, HECU has grown to over 5,000 members and $1 billion in assets.

HECU provides a wide range of financial services to its members, including:

• Checking and savings accounts
• Loans
• Mortgages
• Investment services
• Insurance

HECU is committed to providing its members with the best possible service and value. The credit union has been recognized for its financial strength and stability, and it has received numerous awards for its customer service.

Membership Benefits

HECU membership is open to employees, retirees, and students of Harvard University and its affiliated institutions. Members enjoy a number of benefits, including:

• Low interest rates on loans
• Competitive dividends on savings accounts
• No-fee checking accounts
• Free financial counseling
• Access to a network of ATMs and branches

How to Join HECU

Joining HECU is easy. Simply visit the credit union's website or call 617-495-4321 to open an account. You will need to provide your Harvard ID number and proof of employment or enrollment.

HECU Products and Services

HECU offers a full range of financial products and services to meet the needs of its members.

Checking Accounts

HECU offers two free checking accounts:

• Basic Checking: Unlimited transactions, no monthly fee
• Premium Checking: Unlimited transactions, monthly fee of $5, includes additional benefits such as free overdraft protection and identity theft protection

Savings Accounts

HECU offers a variety of savings accounts, including:

• Regular Savings: Earns a competitive dividend rate, no monthly fee
• Money Market Account: Earns a variable interest rate, monthly fee of $5
• Share Certificate: Fixed interest rate, terms range from 6 months to 5 years

Loans

HECU offers a variety of loans, including:

• Personal loans: Unsecured loans with competitive interest rates
• Auto loans: Low interest rates and flexible terms
• Home equity loans: Borrow against the equity in your home
• Mortgages: Competitive interest rates and a variety of loan programs

Investment Services

HECU offers a variety of investment services, including:

• Self-directed brokerage accounts
• Managed investment accounts
• IRAs

Insurance

HECU offers a variety of insurance products, including:

• Life insurance
• Health insurance
• Disability insurance

HECU Financial Education

HECU is committed to helping its members improve their financial literacy. The credit union offers a variety of financial education programs and resources, including:

• Free financial counseling
• Online financial education courses
• Workshops and seminars

HECU Community Involvement

HECU is actively involved in the Harvard community. The credit union supports a variety of local organizations and initiatives, including:

• The United Way of Massachusetts Bay
• The Harvard Alumni Association
• The Cambridge Chamber of Commerce

HECU is also a member of the Massachusetts Credit Union League and the National Credit Union Administration.

Contact HECU

Harvard Employee Credit Union
617-495-4321
www.harvardcu.org