Benefits of HUECU Membership

Sep 8, 2020 12:13:02 PM

This is the last blog of a four part series: “Getting to Know HUECU”.

As Harvard's not-for-profit financial cooperative, the Harvard University Employees Credit Union (HUECU) is just like a regular bank, only BETTER in almost every way. Based in Cambridge, accessible anywhere and 100% operated by Harvard employees—no bank knows the Harvard University community like HUECU.

HUECU membership is open to all Harvard University students, alumni, employees, and Harvard affiliated teaching hospitals, including Brigham and Women’s Hospital, Beth Israel Deaconess Medical Center, Boston Children’s Hospital, MassGeneral Brigham and Massachusetts General Hospital.

Membership is good for life, even if you are no longer affiliated with Harvard University. And once you're a member, everyone in your immediate family is eligible to bank with HUECU.

HUECU benefits include:

  • Better Value: As a not-for-profit, HUECU does not have stockholders and instead reinvests its earnings into the institution to benefit the members in the form of better rates on loans, lower and fewer fees, and free financial counseling and perks.
  • Better Service: HUECU focuses on the needs of its members and provides the best possible service and support experience. This people-centric focus is why credit unions consistently outperform banks in metrics of customer service and satisfaction.
  • Better Business Model: HUECU is owned and controlled by our members. This democratic structure ensures that the Credit Union is always focused on its core value of operating in the best interest of the members.
  • Better for the Community: When you bank with HUECU, your money stays local. The Credit Union’s primary way of investing is granting loans to other members in the community. We also give back to our community in the form of robust financial education programs and support for local charitable organizations.

Joining is easy, and can be done online at

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