Credit union · NCUA insured
Velocity Credit Union
A $1.1B credit union headquartered in Austin, TX, with 71,906 members and 6 branches in Texas. Best rates: CDs 3.85% and savings 0.35% APY.
Velocity Credit Union Carrot Score
74
Carrot Score
Higher than 35% of U.S. banks and credit unions
#36 of 51 in Austin, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Velocity Credit Union
Founded in 1947 as Austin Municipal Federal Credit Union, the credit union became Austin Metropolitan Financial Credit Union in 1998 before rebranding as Velocity Credit Union in 2003.
Velocity Credit Union serves Central Texas and Greater Austin, with membership open to individuals living or working across five Texas counties.
- Headquarters
- 4515 Seton Center Pkwy, Suite 165, Austin, TX 78759-5290
- NCUA charter
- 68359
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone living or working in Travis, Hays, Williamson, Bastrop, or Caldwell counties is eligible for membership.
Branches
6 branches in Texas
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Texas
6 branches
- Downtown Branch705 E 12th St, Austin, TX 78701Directions
- North Austin Branch1201 W Braker Ln, Austin, TX 78758Directions
- South Austin Branch9300 S Interstate 35, Bldg I, Austin, TX 78748Directions
- Southwest Austin Branch4220 S Lamar Blvd, Ste 100, Austin, TX 78704Directions
- Cedar Park/Leander Branch1230 E New Hope Dr, Cedar Park, TX 78613Directions
- Round Rock Branch900 Round Rock Ave, Round Rock, TX 78681Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 13.92% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.57% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.10% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $63 | $88 | — |
- CapitalNet worth ratio13.92%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.57%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.10%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$63Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Velocity Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.