VELOCITY COMMUNITY Credit Union Profile

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VELOCITY COMMUNITY

Charter #12458 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (561) 775-2525

Fax: (561) 624-1753

Founding Date: N/A

Website: http://www.velocitycommunity.org

Personnel & Operations

President: Emerson, Eric

Manager: Marshall, Jeff

FT Employees: 84

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: 8:00AM-5:00PM M-TH, 8:00AM-6:00PM FR, 9:00A

Credit Union Profile Summary

VELOCITY COMMUNITY is a FCU Credit Union. With a total of 25,065 members [1], this institution manages approximately $482,550,712 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 12.2% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 9.93% [1].

Financial Snapshot

Total Assets [1]
$482,550,712

Total economic resources.

Total Loans [1]
$337,398,712

Total value of outstanding loans.

Total Deposits [1]
$417,330,718

Total funds deposited by members.

Members [1]
25,065

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.2%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.40%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
80.85%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-3.29%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
9.93%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
1.95%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2801 PGA BLVD STE 120

PALM BEACH GARD, FL, 33410

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 4 branches reported by VELOCITY COMMUNITY (Charter #12458).

Main Office

Main Office Main Office

Type: Corporate Office

2801 PGA BLVD STE 120

Palm Beach Gardens, FL 33410

Phone: (561) 775-2525

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Jupiter

Jupiter Branch

Type: Branch Office

6779 W Indiantown Rd

Jupiter, FL 33458-4654

Phone: (561) 775-2525

Services: Member Services

Open in Directions

Pratt Office

Type: Branch Office

17900 BEE LINE HWY

Jupiter, FL 33478

Phone: (561) 775-2525

Services: Member Services, ATM

Open in Directions

Royal Palm Beach

Royal Palm Beach Office

Type: Branch Office

563 N State Road 7

Royal Palm Beach, FL 33411-3524

Phone: (561) 775-2525

Services: Member Services

Open in Directions