Annual Report

Our annual report showcases our commitment to the ideals of the credit union movement, while providing you—our members—with a secure and reliable local banking alternative.

To our valued members:

The board of directors and employees of Velocity Credit Union are pleased to report another year of upholding our commitment to the ideals of the credit union movement while providing you, our members, a secure financial institution, and local banking alternative.

Velocity Credit Union remains successful, healthy and stable. As of December 2025, we served more than 71,000 members and total consolidated assets at year-end were $1 billion. We continue to focus on building a strong foundation for future success.

We concluded our 77th year of helping members with a strong focus on growth, innovation, and service excellence. In 2025, Velocity refreshed its brand with a modern logo and enhanced branch environments designed to be more welcoming and efficient. We introduced new products and services to simplify everyday banking and better support our members’ financial lives.

A key highlight was the launch of Rewards Checking, an all-in-one account that helps members save, grow, protect, and manage their money while paying a higher interest rate than traditional checking accounts. With features such as cell phone insurance, telehealth access, ID theft protection, rewards on purchases, automatic savings round-ups, and robust digital banking tools, this product delivers both convenience and peace of mind.

We also expanded our digital and online banking offerings with tools that make banking easier and more secure. Enhancements include streamlined payment and deposit switching, personalized credit insights, account aggregation, and stronger fraud protection measures.

Our commitment to community remains a core priority. In 2025, we proudly supported organizations including Austin Habitat for Humanity, Operation Blue Santa, and the Central Texas Food Bank, helping strengthen and serve the communities where our members live and work.

Looking ahead, we are planning additional service enhancements, new products, improved account opening experience, and the opening of our Southwest Austin location. Thank you for your continued trust and membership.

Read 2025 Annual Report