Velocity Community Credit Union logo — Smart Banking Made Easy. Federally Insured by NCUA. Equal Op...

Velocity Community Credit Union

Smart Banking Made Easy. Federally Insured by NCUA. Equal Opportunity Lender. Equal Housing Lender.

Founded 1958 46 employees Financial Services, Banking

General Information

Company Name Velocity Community Credit Union
Founded Year 1958
Employees 46
Industries Financial Services, Banking
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About Velocity Community Credit Union

Velocity Community Credit Union is a Florida-based financial institution that has been serving its members since 1958. Originally established to cater to the financial needs of Pratt & Whitney Aircraft employees and their immediate family members, the credit union has since evolved to include the wider community of Palm Beach County, FL. With assets totaling over $280M, Velocity Community Credit Union prides itself on providing professional and friendly financial services for over 55 years. As a not-for-profit cooperative, it upholds the ethos of prioritizing members' financial well-being and offers above-average dividends on share and share draft accounts, regardless of account balance. The credit union's history traces back to the formation of credit societies in Germany in 1840, where farmers banded together to provide accessible and reasonably priced borrowing options, countering the exclusionary practices of traditional banks. Velocity Community Credit Union embraces the same cooperative model, aiming to improve the lives and circumstances of its members through superior financial and member service. As a staunch proponent of the credit union motto, "Not for profit, not for charity, but for service," it continues to uphold its founding principles in its operations. Specializing in the Financial Services and Banking industries, Velocity Community Credit Union expands its reach beyond its initial charter to serve a diverse and growing community. As the institution continues to evolve in a dynamic financial landscape, its commitment to promoting thrift, providing competitive rates, and supporting its members remains the cornerstone of its operations.

Taxonomy: Credit Union, Community Banking, Loans, Investments, Banking, Financial Institution, Member Service, Non-profit, Cooperative, Federally Insured, Equal Opportunity Lender, Thrift

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Velocity Community Credit Union Alternatives & Competitors

Velocity Community Credit Union vs

Banking With a Purpose. Federally Insured by NCUA. Equal Housing Lender.

Grant
132 employees
Finance, Financial Services
Velocity Community Credit Union vs
IU Credit Union
IU Credit Union United States

We started a credit union and created a community.

100 employees
Finance, Financial Services
Velocity Community Credit Union vs

Member Owned | Not-for-Profit | Federally insured by NCUA | Equal Housing Opportunity Lender

144 employees
Financial Services

FAQ About Velocity Community Credit Union

Smart Banking Made Easy. Federally Insured by NCUA. Equal Opportunity Lender. Equal Housing Lender.
Velocity Community Credit Union was founded in 1958.
Velocity Community Credit Union operates in the following industries: Financial Services, Banking.
Velocity Community Credit Union has approximately 46 employees.
Top alternatives and competitors to Velocity Community Credit Union include Valley First Credit Union, IU Credit Union, Resource One Credit Union, Money One Federal Credit Union, Peach State Federal Credit Union. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Velocity Community Credit Union and Valley First Credit Union are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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