Velocity introduces Member Rewards, a program where you can earn a discount on your next loan, just by using more Velocity products and services. It's our way of saying "Thanks - we appreciate having you as a member of Velocity!"

Here's how it works. Check the list below. It will show you all the ways you can earn a discount, and the percentage we'll take off your next loan. The maximum discount is .50%. These discounts are good on every loan except Real Estate loans, Quickloans, share secured and certificate secured loans and non-prime auto loans.

Deposits

• .25% discount when you keep $5,000 in deposit accounts at Velocity
• .50% discount when you keep $10,000 in deposit accounts at Velocity
• .25% installment loan rate discount is offered with any new or existing deposit account with a minimum of $300 in monthly direct deposit.

Other Member Rewards

• .25% discount with 20% down payment on eligible secured loans
• .50% discount when you purchase a Credit Union repossessed vehicle
• .25% discount for Elite Rewards Club members
• .10% discount on Home Equity and Home Improvement loans when payment is automatically withdrawal from your Velocity checking or share (savings) account.
• .25% discount on Home Equity loans when Velocity Credit Union is the first lien holder on the property.

Ask for details when you're ready to apply for your next loan!