VELOCITY Credit Union Profile

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VELOCITY

Charter #68359 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (512) 469-7000

Fax:

Founding Date: N/A

Website: http://www.velocitycu.com

Personnel & Operations

President: Bartholomew, Kasha

Manager: Mitchell, Debbie

FT Employees: 204

PT Employees: 9

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 7

Hours: 9:00 a.m. 5:00 p.m. M-F

Credit Union Profile Summary

VELOCITY is a FISCU Credit Union. With a total of 71,465 members [1], this institution manages approximately $1,040,461,977 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.81% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.52% [1].

Financial Snapshot

Total Assets [1]
$1,040,461,977

Total economic resources.

Total Loans [1]
$554,094,573

Total value of outstanding loans.

Total Deposits [1]
$843,614,867

Total funds deposited by members.

Members [1]
71,465

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.81%

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]
0.14%

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

Loan-to-Share Ratio [1]
65.68%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
0.48%

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

Loan Growth (4Q) [1]
-9.52%

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

Member Growth (4Q) [1]
-6.77%

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

Headquarters Location & Map

Headquarters Address

4515 Seton Center Pkwy, Suite 165

Austin, TX, 78759-5290

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 7 branches reported by VELOCITY (Charter #68359).

Main Office

Quarry Lake Business Center 1 Main Office

Type: Corporate Office

4515 Seton Center Pkwy

Suite 165

Austin, TX 78759-5290

Phone: (512) 469-7000

Services: ATM

Open in Directions

Additional Branches

Austin

Braker Lane Branch

Type: Branch Office

1201 W Braker Ln

Austin, TX 78758-3844

Phone: (512) 469-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Brodie Oaks Branch

Type: Branch Office

4220 S Lamar Blvd

Ste 100

Austin, TX 78704-7924

Phone: (512) 469-7000

Services: Member Services, ATM

Open in Directions

Downtown Branch

Type: Branch Office

705 E 12th St

Austin, TX 78701-1909

Phone: (512) 469-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Slaughter Lane Branch

Type: Branch Office

9300 S Interstate 35

Bldg I

Austin, TX 78748-1751

Phone: (512) 469-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Cedar Park

New Hope

Type: Branch Office

1230 E New Hope Dr

Cedar Park, TX 78613

Phone: (512) 469-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Round Rock

Round Rock Branch

Type: Branch Office

900 Round Rock Ave

Round Rock, TX 78681-4510

Phone: (512) 469-7000

Services: Member Services, ATM, Drive-Thru

Open in Directions