About 10 minutes and just $5 in a savings account is all you need to join.
Review the details below so we can get you started—and on your way to better banking—faster.
Welcome, neighbor!
We’re Velocity Credit Union and, chances are, you’re eligible for membership! If you:
- Live, work, worship, or attend school in Travis, Williamson, Hays, Bastrop or Caldwell Counties?
- Live or work within a 10-mile radius of any Velocity branch or ATM?
- Have a relative who’s a Velocity member?
- Don’t Qualify? You still have options!
Well then, Welcome!
And spread the word! Invite your eligible family and friends to join Velocity so they can enjoy better service, lower fees, and a smarter banking experience.
What You’ll Need to Join
Social Security Number
Valid US Driver’s License or government ID*
Minimum $5 deposit
by e-Transfer**
Ready to Get Started?
We’ve made applying for membership easy. Please be sure to read the information provided so that we can open your new account.
Who May Apply Online
U.S. residents, age 18 and over
Individuals who want to open a personal account (e.g., savings or checking account)*
* Visit us at a Velocity branch location to open other types of new accounts for a business, estate, trust or youth.
* If using a different form of identification, we may contact you later to visit your local branch to complete your membership application.
** Please have account number and 9-digit ABA / routing number available.
Don’t Qualify? You Still Have Options
Even if you don’t qualify for membership based on geography or affiliation.
Join through the Paramount Theatre
You can join Velocity through the historic Paramount Theater. A one-time donation of $10 to the Paramount Theater Association qualifies you for membership – and we’ll handle the donation for you during account opening.
Do You Have Community Connections?
You are automatically eligible for membership if you volunteer with, or work for one of our sponsoring partners, employers, or organizations (see sample list, below).
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Who are your sponsoring partners, employers and organizations?
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Velocity is affiliated with more than 200 major sponsoring employers and organizations in the Austin metropolitan area. Here are some of them:
• City of Austin
• City of Round Rock
• Austin Police Department
• Austin American-Statesman
• Austin Regional Clinic
• Capital Metro Transit
• IBEW Local 520
• Paramount Theater Association
• Spansion – Austin
• TECO-Westinghouse
• Texas Municipal League
• Westminster ManorFor a complete list of participating companies, please call Community Relations at 512.469.7049.
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How do you define “relative who's a Velocity member?”
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Eligible relations include: children, adopted children, grandchildren, parents, grandparents, siblings, in-laws, nieces, nephews, aunts, uncles, first cousins and/or any of these relationships acquired or assigned through marriage, such as step-children or step-parents.
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What happens if I move?
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You can remain a member until your accounts are closed, even if you change jobs or move away. Online and mobile banking — including the ability to deposit a check with a mobile device or scanner — provides access to your account anywhere, anytime, and you have access to thousands of shared credit union branches nationwide.
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How can I switch my current account to Velocity?
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✔ Review monthly statements or activity online.
Make note of current auto-drafts, direct deposits and outstanding transactions.✔ Update automatic drafts.
Identify automatic payments being drawn from your current checking account and redirect them to Velocity. Make sure there are enough funds in your new Velocity account before switching over any current automatic payments.✔ Update and inform direct depositors.
Contact your employer or others making direct deposits into your account to make sure they send deposits to your new Velocity account (includes payroll departments, government agencies, and pension providers).✔ Close your other accounts.
Once you have updated automatic payments and deposits to point to your new Velocity accounts, you can close your old accounts. Contact your previous financial institution to find out how. If needed, use this generic Account Closure form. Be sure that all outstanding transactions have cleared first.
Account Closure form
Apply now to open an account
Join online in about 10 minutes with a $5 deposit to open your membership savings account – or visit a Velocity branch location if you prefer.