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About Velocity Credit Union

Comprehensive financial services for every stage.

About Us

A Local, Full-Service Credit Union with Unique Value

Velocity Credit Union is a full-service financial institution offering personalized local banking, exceptional value and outstanding service empowering your financial freedom.

Founded in 1947 as Austin Municipal Federal Credit Union, we initially served City of Austin employees. In 1998, we became Austin Metropolitan Financial Credit Union (AMFCU) to reflect our growing membership. In 2003, we rebranded as Velocity Credit Union, expanding our membership and renewing our purpose.

About Us

Proudly Serving Central Texas with Strength and Stability

Today, with over $1 billion in assets and more than 88,000 members, we’re one of Texas’s largest and strongest credit unions, dedicated to meeting your financial needs now and in the future.

Our community charter welcomes anyone living or working in Travis, Hays, Williamson, Bastrop, or Caldwell counties.

About Us

Empowering Members Through Shared Values

Committed to the core values of the Credit Union Movement—cooperation, self-help, independence, and non-profit operation—we serve our members’ needs every day. We rely on active member participation and remain dedicated to supporting our community for years to come.

Our History

Our Legacy of Member-Focused Banking

1940s
1960s
1970s
1980s
1990s
2000s
2010s
2020s
1940s

Founding Roots

Eight utility workers come together to establish the foundation for what would become a thriving community-focused credit union.

1960s

Rise to Leadership

Austin’s largest credit union takes shape, with new services and a permanent home to serve the growing membership base.

1970s

Expanding Horizons

Membership reaches new groups, including healthcare workers and housing authorities, broadening the credit union’s impact.

1980s

Branching Out

Velocity grows its footprint with new branches, ATMs, and strategic mergers, overcoming economic challenges along the way.

1990s

Digital & Financial Growth

Velocity embraces modernization with new services and expands its asset base, reaching a milestone of $200M.

2000s

Rebranding & Expansion

A fresh identity and expanded services mark a new era, with growth in branches, services, and assets under a new CEO.

2010s

Innovation & Community

Velocity evolves with a modernized banking experience, contributing to the community in the aftermath of Hurricane Harvey.

2020s

Future-Forward & Resilient

Driven by innovation and resilience, Velocity is building the future with expanded digital services and a growing branch network.

Get To Know Velocity

Stay Connected with Velocity!

Keep up with Velocity through our News & Insights section—featuring helpful financial guidance, fraud prevention tips, and our quarterly newsletter so you’re always in the know.

Velocity Board and Leadership

Meet the members of Velocity’s Board of Directors and Leadership Team. We thank them for their guidance, dedication, and leadership.

Velocity Annual Report

Our annual report shows our commitment to the ideals of the credit union movement, while providing you—our members—with a yearly update of the advances we continue to make as a secure and reliable local banking alternative.