Featured Savings Rates
Featured Accounts

Velocity Community Credit Union

Popular Accounts at this Credit Union

1.54%5-year CD60 Month Member CD
0.30%1-year CD12 Month HSA CD
0.10%Savings"You name It" Account

Overview / Commentary
2801 PGA BLVD STE 120

Velocity Community Credit Union is headquartered in PALM BEACH GARDENS and is the 37th largest credit union in the state of Florida. It is also the 721st largest credit union in the nation. It was established in 1958 and as of December of 2016, it had grown to 72 employees and 21,654 members at 4 locations. Velocity Community Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer or attend school in Palm Beach County or have family eligible for membership.
See current membership details

Reviews (2)

Member 10 Years- No Complaints

Posted by: sls005612 | Jun 18, 2012

I have been a member at nearly 10 different financial institutions over the last 10 years and nothing comes close to Velocity Community Credit Union. The people in the bank are very helpful, polite, and down to earth. The enviroment is always pleasant and you never get the fake friendly vibe that most banks/credit unions put on to try and make their quota. I have never been on hold for more than a minute or two before I am speaking to a real person. I trust this Credit Union with every element of my banking needs. I can gurantee that you will not be disappointed if you become a member. Last not I paid more dumb fees at Chase in one month than I did in ten years at Velocity. Hope this helps!

Very Few Negatives

Posted by: rayvon7 | Jul 11, 2012

Everything the previous review said is accurate. I only have a few negatives. Direct deposits are not made to your account till 9am that morning. It would be nice to have my money available that morning when I wake at 4am. While you can eventually get used to it, it is very inconvient. They also don't have a direct line to the Federal reserve and electronic bill pays can take up to three days when it should only take one. I like this credit union and will continue to use it. The people that work their are great and down to earth. They go out of their way to make my experience a good one. I sure hope they can improve on the very few negatives they have.


Health Grade Components

NCUA #12458
Year Chartered1958
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.39%
Annual Interest Income$9.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$324.6MM$308.4MM
LoansQ4 2016vs Q4 2015$142.9MM$137.1MM
DepositsQ4 2016vs Q4 2015$283.9MM$268.8MM
Equity CapitalQ4 2016vs Q4 2015$39.6MM$38.6MM
Loan Loss AllowanceQ4 2016vs Q4 2015$850.00K$978.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$444.00K$494.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Velocity Community Credit Union Savings Account Rates

1.50%--Health Savings Accounts
0.20%*$75k*-Traditional IRA
OTHER TIERS: 0.15% Up to $75k
0.20%*$75k*-Roth IRA
OTHER TIERS: 0.15% Up to $75k
0.20%*$75k*-SEP IRA
OTHER TIERS: 0.15% Up to $75k
0.20%*$75k*-Coverdell Education Savings Account
OTHER TIERS: 0.15% Up to $75k
OTHER TIERS: 0.05% Up to $2,500
0.10%*$2,500*-Holiday Club Account
OTHER TIERS: 0.05% Up to $2,500
0.10%*$2,500*-"You name It" Account
OTHER TIERS: 0.05% Up to $2,500

Velocity Community Credit Union Money Market Rates

0.20%*$75k*-Money Market Share Account
OTHER TIERS: 0.15% $2,500 - $75k

Velocity Community Credit Union CD Rates

1.59%$5k-60 Month MemberPLUS CD
1.54%$5k-60 Month Member CD
1.00%$5k-48-59 Month MemberPLUS CD
0.95%$5k-48-59 Month Member CD
0.80%$5k-36-47 Month MemberPLUS CD
0.75%$5k-36-47 Month Member CD
0.60%$5k-24-35 Month MemberPLUS CD
0.60%$5k-24 Month Bump-Up MemberPLUS CD
0.55%$5k-24-35 Month Member CD
0.55%$5k-24 Month Bump-Up Member CD
0.50%$1k-18-23 Month MemberPLUS CD
0.45%$1k-18-23 Month Member CD
0.35%$1k-12-17 Month MemberPLUS CD
0.30%$1k-12-17 Month Member CD
0.30%$1k-12 Month HSA CD
0.30%$250-12 Month Youth CD
0.25%$1k-6-11 Month MemberPLUS CD
0.20%$1k-6-11 Month Member CD
0.20%$1k-6 Month HSA CD
0.20%$250-6 Month Youth CD

Velocity Community Credit Union IRA Rates

1.59%$5k-60 Month MemberPLUS IRA
1.54%$5k-60 Month Member IRA
1.00%$5k-48-59 Month MemberPLUS IRA
0.95%$5k-48-59 Month Member IRA
0.80%$5k-36-47 Month MemberPLUS IRA
0.75%$5k-36-47 Month Member IRA
0.60%$5k-24-35 Month MemberPLUS IRA
0.55%$5k-24-35 Month Member IRA
0.50%$1k-18-23 Month MemberPLUS IRA
0.45%$1k-18-23 Month Member IRA
0.35%$1k-12-17 Month MemberPLUS IRA
0.25%$1k-6-11 Month MemberPLUS IRA
0.20%$1k-6-11 Month Member IRA
0.20%$1k-12-17 Month Member IRA

Velocity Community Credit Union Locations
Branch Office17900 BEE LINE HWYJUPITER, FL 33478
Branch Office563 N State Road 7Royal Palm Beach, FL 33411-3524
Branch Office2801 PGA BLVD STE 120PALM BEACH GARDENS, FL 33410
Branch Office6779 W Indiantown RdJupiter, FL 33458-4654